Employment Multiplier Film Change
I recently upgraded from the 2009 data set to the 2014 data set. I was hoping someone is able to explain to me the difference between the table on the right (2009 data) and the table on the left (2014 data), in the attached excel file.
Both are based on $1,000,000 in industry sales in the "motion picture and video industries" sector (346 in the 440 scheme and 423 in the 509 scheme). I have already verified that the industry in both cases are the same.
The employment output per $1,000,000 has dropped a good bit, while the total state and local tax revenue has increased a great deal.
I provide these data to a colleague every year, and I am looking for a way to properly explain the differences between the table on the right and the table on the left.
Any help is greatly appreciated. You can email me directly at jamartini@pa.gov.
Thank you,
James
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Hi James Thank you for your forum post! Unfortunately, the attachment did not come through when you posted your question. Would you mind sending the attachment via email to: info@implan.com Thanks!0
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IMPLAN SupportHi James! Thank you for the additional information. I was hoping you could let me know how you derived your Output Multipliers. I ran both Models, 2009 and 2014, and noticed yours were higher than mine. The Output per Worker and Labor Income per Worker have both changed a lot for the Labor Income per Worker component. The majority of the change lies in the change of Proprietor Income per worker, and that could be related to changes in our estimate. You can view the Release Notes here: http://support.implan.com/index.php?option=com_content&view=article&layout=edit&id=399 Overall the Labor Income per Worker has increased over time, as has Output per Worker. This means that while workers are paid more on average, less workers are required per million dollars of production so there is an overall drop in payroll for the same 'level' of Output in each Model. Assuming Event Year and Dollar Year for View are the same for the analysis and when comparing the two Models, the Indirect Effects are relatively similar reflecting changes in the underlying economies between these years. The change in Induced Effects is larger primarily because of the decrease of total Labor Income in the Direct Effect in the 2014 Model. These changes are derived with the BEA Benchmark and are also reflected at the U.S. level. I hope that this helps! IMPLAN Staff0
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