ECONOMIC IMPACT ANALYSIS: A MILITARY PROCUREMENT FINAL-DEMAND VECTOR. VOLUME I. RESULTS AND METHODOLOGY.
Abstract
This report presents a military procurement final-demand vector, or bill of goods for applications in interindustry studies of the US economy. The military bill of goods in an interindustry model is a statement of military requirements for material and services from the civilan economy, in terms that are compatible with the industry definitions in the model. The RAC bill of goods presents the percentage distribution of DOD procurement in terms of the 4-digit Standard Industrial Classification code--the same classification system used to define the industry sectors in current interindustry economic models. For conversion to dollar terms the percentages are to be applied to an estimate of DOD procurement expenditures, adjusted for differences between DOD accounting definitions and national income accounting concepts, being developed by the Office of Business Economics, Department of Commerce. The work was sponsored by the Office of the Assistant Secretary of Defense for Systems Analysis (Economics); agencies involved in interindustry economic studies and to which the estimates have been made available are the Division of Economic Growth, Bureau of Labor Statistics; the Office of Emergency Planning; and the Office of Business Economics, Department of Commerce. At the request of user agencies the estimates were developed for 1963, and military final demand was defined as direct procurement by the government. Only Department of Defense expenditures funded through procurement appropriations (as opposed to RDTE, Operations and maintenance, Military personnel and other appropriations) are covered in this report.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1967
- Accession Number
- AD0808000
Entities
People
- Donald J. Igo
- Elwyn M. Bull
- Irving Moder
- Ken R. Gramza
- William Lindsay Jr.