Results when only time period of dollar values

sniven

March 13, 2014 07:22

I recently ran a model on the impact of a solar power plant in which the income, value added and output impacts were measured in 2013 dollars. When I re-ran the model with the exact same inputs for employment and income but asked for the results to be in 2014 dollars, it showed that income and value added increased but output decreased. The initial impact is projected to occur in 2018. It seems to me that the output should also show an increase from 2013 to 2014 dollars. This also occurs in a different but similar impact model where the employment increases by only 5 jobs, yet the results show a decrease in output in 2014 dollars compared to 2013 dollars. How can this be the case? Thanks, Steve

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IMPLAN Support
March 13, 2014 16:42

Hello Steve. We apologize for the problem you are encountering. We will work to resolve the issue. By the way, did you change the event year to 2014 before entering your Income or Employment values? It is important that you do this before making changes to the model. The reason that you change the event year first is to make sure that the model captures the correct deflators prior to entering your changes. When you run the model and get the results, then change the "Dollar Year for View" to 2014 and view your results. If the event year is change after you have entered your event values, then you may get some results similar to what you described. If this does not solve the problem, feel free to send your model to us and we will see what is causing this to happen. Should you decide to send the model, please compress the model by opening it and navigating to Setup Activities> Options> Compact Model File. When finished save and send to implangroup@implan.com. We hope this helps.

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