Spending Pattern Events are most appropriate to use when an analyst has the data required to build a customized spending pattern which reflects specific purchases by an industry or when the ratios in an industry’s output equation must be modified to a degree beyond that which is achievable by simply customizing an Industry Event. Spending Patterns include all Intermediate Expenditures for a given Industry.
IMPLAN expands upon the traditional I-O approach to also include transactions between industries and institutions and between institutions themselves, thereby capturing all monetary market transactions in a given time. IMPLAN can thus more accurately be described as a Social Account Matrix (SAM) model, though the terms I-O and SAM are often used interchangeably.
Taxes that are generally levied by state and local governments as a percentage of the commodity’s price. General sales taxes are typically shown separately on sales receipts and are typically levied as a standard percentage of the commodity’s price. They include sales taxes collected by retail establishments, by wholesalers, and by service establishments. Selective sales taxes are levied on a specific commodity at a percentage that differs from that of the general sales tax. They include taxes on motor fuels, tobacco products, alcoholic beverages, public utilities, meals, hotel occupancy, and amusements. (BEA)
Economic input output
modeling application, data,
and solutions.
