Prorate: Difference between revisions
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Definition
Prorate. A statistical technique for allocating a product to consuming industries and/or final uses that may be used in the absence of specific consumption information. It distributes the product to a specific set of consumers in proportion to some variable with a known distribution that is closely related to the use of that product by those consumers.
For example, in previous I-O benchmarks, prorates were used to allocate gasoline and tire purchases to particular industries based on miles driven.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009