IMPLAN v RIMS multipliers
Hello,
I am putting together a white paper of sorts on various input-output models and their use in EB-5 applications. I have noticed a number of statements (in academic papers or other materials) that indicate that RIMS construction multipliers are higher than IMPLAN construction multipliers. I have also found some materials stating that IMPLAN multipliers for non-construction sectors are generally higher than RIMS multipliers. Can you speak in general terms to either of these statements?
Thank you!
Britt
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IMPLAN SupportHello Britt, It is difficult to compare RIMS multipliers as their model construction technique is quite different from ours. Typically we have found that RIMS multipliers are larger than IMPLANs as a result of their using a location quotient to estimate the regional purchase coefficient (RPC) as opposed to our trade model RPC. As far as construction goes, we typically have pretty large RPC since we assume most construction is local by definition. Please let us know if you have any further questions or if we can elaborate on anything.0
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