Terminology#

So far, there is no consistent terminology for MRIO systems and parameters in the scientific community. For BoARIO, the following terminology is used (the alias columns are other names and abbreviations often found in the literature):

BoARIO terminology

Description

Aliases

Region

An economic region represented in the MRIO considered

/

Sector

An economic sector represented in the MRIO considered (which most often both designate the sector itself and what it produces)

Branch, product

Industry

A sector in a region, ie a (region,sector) couple.

Firm

Input

An intermediate input used by an industry to produce (which corresponds to a sector)

/

Inventories / (Inputs) stocks

A ‘buffer’ of intermediate input available to an industry

/

Direct losses

The productive capital destroyed by an event, leading to a reduction of production capacity for the affected industries (Stock)

Asset damages, direct damages

Direct production losses

The amount of production not realised (ie lost) due to the production capacity being reduced by direct losses. (Flow)

/

Indirect (production) losses

The amount of production indirectly lost consequent to the direct production losses.

/

Production

The gross output of industries

/

Overproduction

The capacity of an industry to temporarily increase its production to meet an increased demand.

/

Rebuilding / Reconstruction demand

The possible additional demand resulting from the destruction caused by an event requiring rebuilding.

/

Recovering

The recovery of destroyed capital and hence production capacity (without an associated rebuilding demand)

/

Rebuilding

The rebuilding of destroyed capital and hence production capacity (ie recovery via a rebuilding demand)

/

Event

Any shock happening to the model

Shock, Impact