Multiplier Accounting of Indian Mining Industry––The Concept

Abstract

Input–output multipliers are indicators used for predicting the total impact on an economy due to the changes in its industrial demand and output. Also, input–output tables provide detailed dissection of the intermediate transactions in an economy. The aim of the paper is to put forward a basic framework of input–output economics as well as the multiplier concept. The outline of the methodology for calculating the multiplier associated with Indian mining industry is also presented. © 2014, The Institution of Engineers (India).