Economic Impact of business On County and State
I am very new to Implan and input-output models in general. I am trying to find the economic impact of a business (an automobile racing school) at the county level and then at the state level. I have purchased the State data package and am hoping to learn how to run this scenario for the two different boundaries. The school has 99% patrons/customers from out of state. I would also like to see the tourist impact on the areas looking at different percentages of tourist staying in the county vs going somewhere outside the county for their lodging etc ( I have found the state tourism data to work with). I know that I will have to run two separate models for the state vs county. Currently the data I have is the revenue of the school for the interest year (2015) and the number of patrons. I know that racing schools have a specific NAICS code to be used. How do I go about finding the impact at these two different regional levels? Do I also need to purchase the county specific data or will the state package work just fine? What other data do I need? Apologies for my limited applicable vocabulary and jumbled questions. Any help is greatly appreciated!!
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