INTRODUCTION There are three possible types of Effects included in the Results of each analysis performed in IMPLAN: Direct, Indirect, and Induced. Direct Effects are the initial Final Demand Effect. Indirect Effects are generated due to demands from the regional supply chain to produce the final goods & services in the analysis, while Induced Effects […]
INTRODUCTION Public transit in the form of buses and rail lines are essential to functioning cities. Governments make huge investments in infrastructure ensuring access for all residents. This article looks at how these investments look in IMPLAN. OPERATIONS Public transit comes in the form of two Industries in IMPLAN: 529 – State government passenger […]
INTRODUCTION Did you ever wonder how much local bread your local supermarkets buy? Or how much local auto manufacturers spend on local tires? The process to find this answer may seem complicated, but it is actually relatively simple. Here’s how. THE PROCESS Let’s examine how much local beer is purchased by local restaurants in […]
INTRODUCTION IMPLAN introduces new data each year. With new data, comes new multipliers. In general, it is not advisable to treat annual IMPLAN datasets as a time series as our data sources and methods often change from year to year. Additionally, some of our raw data sources revise estimates, so that, for example, what a […]
INTRODUCTION Multipliers measure the economic change within a Region that stems from economic activity from a change in Final Demand. They are a measure of an Industry’s connection to the wider local economy by way of input purchases, payments of wages and taxes, and other transactions. They are the total production impact within the Region for […]
INTRODUCTION: The data Behind the “i” is helpful for better understanding the Results produced in your analysis. CALCULATION STEPS: To calculate the leakages due to spending on Intermediate Inputs outside of the Study Region click on the “i” icon next to the Selected Region and navigate to: Social Accounts > Balance Sheets […]
INTRODUCTION Volunteers don’t get paid, not because they’re worthless, but because they are priceless. Sherry Anderson Unfortunately, not all productive activity is actually included in GDP. Volunteer or unpaid work is not included as it is not only difficult to measure, it has no explicit economic activity related to them that can be measured […]
INTRODUCTION As the world continues to see changes stemming from the COVID-19 pandemic, more questions arise on best practices for how to look at the economic impact of the latest developments in IMPLAN. Here are some considerations to think through when analyzing your impacts. ASSUMPTIONS The assumptions inherent in Input-Output analysis remain the same. However, two […]
INTRODUCTION We get this question a lot at IMPLAN. You run an analysis of $5M and your Results only show $4.8M in Direct Output. Where did the other $200,000 go? There are seven reasons that these numbers won’t match. Let’s walk through them. THE SEVEN REASONS WHY MISSING INDUSTRY If you are modeling a […]
Pricing as of January 1, 2020 and is subject to change
Economic input output
modeling application, data,
and solutions.
