Entries by Joe Demski

Known Issues in IMPLAN

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INTRODUCTION: This article is designed to offer IMPLAN users some important descriptions of, temporary solutions for, and status updates regarding known technological issues which have been identified and are actively being addressed within IMPLAN. Should you encounter any issues which are not addressed in this article, please let us know by contacting us at (800) […]

Leakages

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Estimated spending associated with the modeled Event(s) that does not affect the Region you’ve defined (according to the model). This typically refers to economic effects outside of the Region triggered by an Event inside the Region. Often used when talking about in-commuters, taxes, corporate profits, and imports. IMPLAN by default does not internalize institutions, as it […]

Value Chain

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The process or activities by which commodities in the economy increase in value but do not change from the factory door to the final sale. It includes the Producer Value, Transportation Margin, Wholesale Margin, and Retail Margin.

Total Revenue

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Total Revenue represents the increased income resulting from the total sale of goods and services. IMPLAN defines Total Revenue as Total Purchaser Price of Commodities Sold.  Selecting Total Revenue will cause the Event Value to be multiplied by the Margins associated with the selected Specification to convert gross sales to margined sales or Marginal Revenue before […]

Marginal Revenue

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Marginal Revenue represents the increased income resulting from the sale of one or more unit of goods and services. IMPLAN defines Marginal Revenue as Total Producer Price of Commodities Sold, where Event Specification is the producer/product. Selecting Marginal Revenue will not apply Margins, and will cause the full Event Value to hit the multiplier of […]

Byproduct Coefficient

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The percentage of an industry’s total production value that is made up of a given commodity. Sums to 100% in Industry Balance Sheet. Regions Overview > Social Accounts > Balance Sheets > Industry Balance Sheet > Commodity Production, then filter by the Sector of interest.