For additional guidance on this topic, visit the IMPLAN Support Community at https://support.implan.com or contact IMPLAN support directly.

Data question

kotcherlakota

April 02, 2015 18:53

I have question if anyone can help Suppose the assumption is to increase State population to 3 million by 2020 and add approximately add 8000 jobs per year above the forecasted baseline population growth. I am trying to think how I can address this issue. I would like to start with the population increase and work backward forecasting the per capita GDP and total investment needed to account for the baseline. Also I would like to consider a typical durable goods manufacturing industry along with Food processing. Any ideas if this can be done in Implan? Can we put our own data and see how it works? thanks

Was this post helpful?

0 out of 0 found this helpful

Comments

1 comment

IMPLAN Support
April 06, 2015 13:19

Hello, Thank you for your post! If I understand your post correctly; this project would be difficult to do with IMPLAN. A change of this magnitude and long time-frame is really beyond the scope of IMPLAN since it is a static model that does not take into account price changes, input substitutions, or technology changes. It is especially dubious if you have no prediction as to which industries are expected to experience the growth. It is certainly possible with IMPLAN to see the impact of growth in general manufacturing and/or foods manufacturing (IMPLAN models can be aggregated to 2-digit and 3-digit NAICS, which would give you each of these, respectively); but this would require some information as to the expected growth of these sectors in particular – clearly these would not be the only sectors participating in the growth. Since you seem to already have a predicted GDP for 2020, exactly what are you trying to show with the analysis? Please let us know if you have any additional information you can share with us or any follow-up questions you might have.

0

Please sign in to leave a comment.