case study 10 - impacts of private colleges


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    The multipliers have the leakages built into them. When you construct a model, the gross transactions between businesses and businesses and households have the regional purchase coefficient applied to them to make them local transactions. The direct effect you apply to the impact is the total direct expenditure taking place in your region. That value is applied to the multipliers which have the leakeage built in. You don't need to make any further adjustments.
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