Edit Trade Flows
Hi,
I have two questions regarding making edits in the Trade Flows window:
1. I supposed that the value entered for "Local Use of Local Supply" should be less than the corresponding value in the "Local Net Commodity Supply" column. However, I found that I can enter a value of "Local Use of Local Supply" bigger than the value of "Local Net Commodity Supply", which results in an RSC higher than 100%. Why can this happen?
2. In the Industry/Institution RPC tab, do I have to change the RPC for each individual industry or institution one at a time? For example, if I want to increase the RPCs of a commodity for the industry intermediate demand of all the industries by 20%, is there a way I can make the change to all the industries all at once?
Thanks,
Dan
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IMPLAN SupportHi Dan, All numbers have to be entered as coefficients, even though they display as percentages. 1. You are correct it should, the fact that the software let's you set the Local Use of Local Supply to something more than the net is bug. We apologize for this, and we have passed this up to our programmers. 2. The Trade Model edits (Customize Trade Flows) affect all industry/institution demands for the edited commodity. However, here you are setting the RSC rather than the RPC. To convert, calculate the "Local Use of Local Supply" needed to generate the desired RPC: RPC = "Local Use of Local Supply"/"Gross Commodity Demand" (from Explore>Social Accounts> View by: Commodity Summary) and rearranging: "Local Use of Local Supply" = RPC * "Gross Commodity Demand". Plug the resulting "Local Use of Local Supply" into the edit window and all industries/institutions will buy that commodity at the desired RPC. note: the trade flow edit window will not immediately reflect the change to the domestic RPC, you have to go through the Options>Construct>Multipliers to complete the process and update the RPC value. Hopefully this helps. --Implan Support Staff0
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