Intermediate Demand
The value of production sold to other industries within the study area.
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Entries by Joe Demski
Institutional Demand
/0 Comments/in Glossary, Knowledge Base, Support Site/by Joe DemskiIn general, institution demand is estimated nationally and then allocated to states and counties. Institution demand data is not available for some of the variables at the state or county level. This chapter will discuss the data sources and the distribution procedures. Institution demand, or final demand as it is sometimes called, is demand for […]
Input coefficient
/0 Comments/in Glossary, Knowledge Base, Support Site/by Joe DemskiThe dollar value of a commodity required directly by an industry to produce a dollar of output. It is also referred to as the direct requirement coefficient. (BEA)
Input category
/0 Comments/in Glossary, Knowledge Base, Support Site/by Joe DemskiA broad expense category for an industry or final-use category. Examples include office supplies and purchased fuels. (BEA)
Industry technology assumption
/0 Comments/in Glossary, Knowledge Base, Support Site/by Joe DemskiBy this assumption, each industry’s production requires a unique set of inputs, no matter which product it is producing. This assumption provides the basis for the mechanical calculation of the total requirements tables in the I-O accounts. See also Handbook of Input-Output Table Compilation and Analysis, Studies in Methods, Handbook of National Accounting, Series F, […]
Industry Event
/0 Comments/in Glossary, Knowledge Base, Support Site/by Joe DemskiAn Industry Event is appropriate when your goal is estimating the effect of a production change and the industry experiencing the change is known. There are four types of Industry Events: Industry Output Industry Employment Industry Employee Compensation Industry Proprietor Income These four Events Types behave in very similar ways. You should pick from one […]
Industry Contribution Analysis (ICA)
/0 Comments/in Glossary, Knowledge Base, Support Site/by Joe DemskiIndustry Contribution Analysis is a method used to estimate the value of a Sector or group of Sectors in a region, at their current levels of production. For more information, visit the article Introduction to Industry Contribution Analysis.
Industry
/0 Comments/in Glossary, Knowledge Base, Support Site/by Joe DemskiA group of establishments engaged in the same or similar types of economic activity. (BEA)
Induced Effects
/0 Comments/in Glossary, Knowledge Base, Support Site/by Joe DemskiInduced effects stem from household spending of labor income, after removal of taxes, savings, and commuters. It represents the response by an economy to an initial change (direct effect) that occurs through re-spending of income received by a component of value added. IMPLAN’s default multiplier recognizes that labor income (employee compensation and proprietor income components […]
Indirect requirements coefficients
/0 Comments/in Glossary, Knowledge Base, Support Site/by Joe DemskiRatios that show the production required of an industry and of all other industries to meet that industry’s initial demand for production. The coefficient can be calculated as the total requirements matrix less the identity matrix less the direct requirements matrix. (BEA)
IMPLAN
Economic input output
modeling application, data,
and solutions.
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