Iowa IMPLAN #s for sector 156 are not right
The Iowa model that I purchased (order # 20141876), including its 99 counties, has a huge error in sector 156 (Petroleum refineries -- see the picture below). It has an industry with 65 employees generating $46.29 billion in other property income. Stated differently, that little industry is accounting for 39 percent of ALL other property income in my entire state. Quite a feat from just 65 workers. It is not just at the state level. The anomaly is also within the counties. We built four regional models (roughly 25 counties each) today, and one contains a disproportionate fraction of the mistake (54 jobs producing $38.8 billion in other property income). The state total for that sector are affixed below.
The Iowa data base needs to be repaired and forwarded to me pronto. This may not be a problem with a casual user who could just ignore that sector, but we use the entire IMPLAN data set for a variety of impact analyses and other more intricate analyses, to include reprocessing the entire I X I to produce final demand impact summaries for the whole economy for jobs, labor income, and (alas!) value added. This huge anomaly has resulted in us having to call back numbers that we produce annually for state legislators and university administrators, which in turn undermines our credibility as analysts.
Please get back to me via email (dswenson@iastate.edu) or phone (515.294.7458) and let me know when I should expect to received the fixed data set.
Industry Code Description Employment Output Employee Compensation Proprietor Income Other Property Type Income Tax on Production and Imports
156 Petroleum refineries 64.6 $46,946,537,472 $4,779,058 $96,427,584 $46,290,427,904 $4,674,001
Was this post helpful?
-
IMPLAN SupportThank you for your question and for pointing out this issue to us. We did discover a problem in the estimation of OPI numbers (and consequently Value Added and Output, which include OPI) for certain sectors in certain areas, 156 in Iowa among them. The problem involved units conversion. An interim fix for the study area data would be to customize study area data in those sectors using national average OPI per worker ratios (Value-Added and Output would need to be reduced accordingly), but keep the local ratios for intermediate expenditures, PI, and EC per worker the same. Substantially affected sectors in Iowa include: 156, 157, 159, 160, 433, and 434. We will send you updated Iowa data within two weeks. We apologize for the inconvenience.0
Please sign in to leave a comment.
Comments
1 comment