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  The Free Social Science Dictionary gives access to the definitions of more than 6000 terms. Adapting a wide approach Free Social Science Dictionary covers the disciplines of Economics, Education, History, Political Science, Psychology and Sociology.
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Term of the day

Producers' prices

Bible DictionaryBEA Economic Analysis Dictionary
Commodity transactions in the input-output (I-O) accounts are valued in producers' prices in order to show the relationship between the production of commodities and their purchase by intermediate and final uses. These prices exclude wholesale and retail trade margins  and transportation costs, but they include sales and excise taxes collected and remitted by producers. Transportation costs and wholesale and retail trade margins are treated separately as commodities that are produced by industries and purchased by intermediate and final users. Related terms: intermediate purchases.
 

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Online Dictionary of the Social Science

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