Editing Foreign Exports?
Is there any way to edit foreign exports for a national model? I'm modeling the impact of a tariff that would result in increased final demand in a sector in the US using an industry change event. Now we are assuming that the country being targeted would retaliate with a counter-tariff, limiting domestic exports from that same US industry. How would you suggest that I model this latter assumption? It doesn't seem like I can modify exports in IMPLAN. Thanks!
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Hi Michelle, A change in the foreign export rate does not change the multipliers - it is a forward link, not a backward link - so there is no need to adjust anything in the model. Rather, it is a final demand change, which is a classic impact analysis set-up. You would simply run two Industry Change Events - one for the increase in final demand and another for the decrease in final demand. Equivalently, you could run one Industry Change Event for the net change in final demand. You may find this forum thread helpful: http://implan.com/v4/index.php?option=com_kunena&func=view&catid=80&id=11193&limit=6&limitstart=6&Itemid=35#112110
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