MASTERING ECONOMIC ANALYSIS: UNTANGLING IMPACT, CONTRIBUTION, AND GROSS BASE METHODS

Mastering Economic Analysis: Untangling Impact, Contribution, and Gross Base Methods.

This white paper clarifies key differences among three often-confused terms in input-output (I-O) analysis: economic impact analysis, economic contribution analysis, and gross-base analysis. Originating from Wassily Leontief’s initial focus on industry purchasing and production behaviors, I-O models have evolved into Social Accounting Matrices (SAM), encompassing broader economic activities including government and household behaviors. The paper focuses on industry output metrics while also discussing employment and other output components. It includes a technical section demonstrating IMPLAN’s recommended contribution analysis methods within the scholarly literature.

Download Economic Impact, Economic Contribution, and Export Base White Paper now to master your next economic impact analysis.

Read about:

    • Introduction to Economic Impact Analysis
    • How to use Contribution Analysis – Extraction Method
    • How to use Contribution Analysis – Gross-Base Method

Download the White Paper!