Total Revenue

/0 Comments/in , , /by

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 hitting the IMPLAN multipliers.

Marginal Revenue

/0 Comments/in , , /by

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 the selected Specification.

Byproduct Coefficient

/0 Comments/in , , /by

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.

Economic Impact Modeling

/0 Comments/in , , /by
Economic Impact Modeling is a software, data or even a technique that allows an analyst to trace spending through an economy and measure the cumulative effects of that spending. The need for an EIA is normally triggered by an economic event, catastrophe, change in government policy, justification for funding, or as needed for planning (schools, streets, sewers, public utilities).

Economic flows

/0 Comments/in , , /by
Economic flows reflect the creation, transformation, exchange, transfer or extinction of economic value; they involve changes in the volume, composition, or value of an institutional unit’s assets and liabilities. (SNA)
 
 

Economic Census

/0 Comments/in , , /by
Provides a detailed portrait of the nation\’s economy once every 5 years, from the national to the local level. The basic statistics collected cover nearly all of the U.S. economy except agriculture and government, which are covered by concurrent economic censuses. Several related programs collect additional statistics, including those on minority- and women-owned businesses. The Economic Census is conducted largely by the Census Bureau; the Census of Agriculture is conducted by the U.S. Department of Agriculture. The Economic Census for 1997 compiled and published data primarily on a NAICS basis for the first time. (BEA)
 
 

Earnings multipliers

/0 Comments/in , , /by
I-O ratios that measure earnings paid to households by employment throughout the economy, directly and indirectly, in connection with delivery of $1 million of final demand for a specific commodity. (BEA)
 
 

Current accounts

/0 Comments/in , , /by
Current accounts record the production of goods and services, the generation of incomes by production, the subsequent distribution and redistribution of incomes among institutional units, and the use of incomes for purposes of consumption or saving. (SNA)

Corporation

/0 Comments/in , , /by
A corporation is a legal entity, created for the purpose of producing goods or services for the market, that may be a source of profit or other financial gain to its owner(s); it is collectively owned by shareholders who have the authority to appoint directors responsible for its general management. (SNA)
 
 

Core Region

/0 Comments/in , , /by
In Multi Regional Input Output (MRIO) analysis, the Core Region is the *selected geography* in which the Direct Impact takes place. All other regions in an MRIO analysis are connected to the Core Region in order to capture the Indirect and Induced Impacts created by the economic change in the Core Region, *as that activity spills into the connected regional geographies stimulating their economies*.
 
 

IMPLAN's Core Data Release is now live! Current subscribers can automatically access the new data in-app. If you aren’t a subscriber, you can schedule a demo today to learn more about becoming one.

X