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Multipliers Technically, a Multiplier is unit-less because it is calculated as follows: Output Multiplier = Total Output / Direct Output GDP Multiplier = Total GDP / Direct GDP Employment Multiplier = Total Employment / Direct Employment This is why the IMPLAN Multiplier reports differentiate between Effects, which are on a per-million-dollar basis (e.g., a Direct Employment effect […]
Generated by the model building process, the Social Account Reports Table and the Balance Sheets Table both contain a wealth of information about the specified study region. Provided below are definitions and descriptions of many of the terms and categories found within the two tables. Social Account Reports Table Commodity Summary Industry Commodity Production = […]
The full-detail Social Accounting Matrix (SAM) gives a complete picture of the flow of funds, both market and non-market, throughout the economy in a given year. Market flows occur between the producers of goods and services (both industrial and institutional) and the purchasers of those goods and services, both industrial and institutional (i.e., households, government, investment, and […]
We only create data for those zip codes for which we have one of the following: land area from the latest Decennial Census, population or household count from the latest American Community Survey (ACS), railroad employment from the latest Railroad Retirement Board report, or Census ZBP employment. Having at least one of those allows us […]
When working with Zip Code level data, there are several factors to consider. This article, while not exhaustive, lists the main items to keep in mind when using Zip Code data for your geographical study region. MRIO, Aggregation and Leakages Multi-Regional analysis is not yet possible with zip code files. While you have received trade […]
Data sets for Island Areas are not nearly as comprehensive nor timely compared to the US. Nor are Island Areas included in the US NIPA accounts, so there are no overall controls as there are for the US states and counties. The Five US Island Areas are: American Samoa: AS Commonwealth of Northern Marianas Islands: […]
INTRODUCTION: Multipliers are the basis of how an I-O Analysis System such as IMPLAN makes estimations of the potential impacts of economic changes. Expressed as a rate of change, a Multiplier describes how for a given change in a particular Industry a resultant change will occur in the overall economy (e.g. for every dollar spent […]
Industry Column Payments to the commodity row represent the use of locally-produced commodities (both goods and services) by local industries, without any information as to which industries or institutions were involved in the production of said commodities. These commodity purchases come from all industries and institutions that produce that commodity, according to the market share […]
INTRODUCTION Input-Output (I-O) analysis is a means of examining inter-industry relationships within an economy. It captures all monetary market transactions between industries in a given time period. The resulting mathematical formulae allow for examinations of the effects of a change in one or several economic activities on an entire economy (economic impact analysis). IMPLAN expands upon […]
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