Term:
Primary inputs
Definition:
Primary inputs are those factors of production that are treated as exogenous in the framework of production analysis. In a static framework such as the one underlying this manual, primary inputs comprise capital and labour
Domain:
Economics & National Accounts
Source:
OECD Productivity Manual: A Guide to the Measurement of Industry- Level and Aggregate Productivity Growth, OECD, Paris, March 2001, Annex 1 – Glossary
