Sam multiplier application
I have used the Sam multiplier to get the shock value and I used it for the scenario in the new activity. However my employment data has not changed at all. Any explanation for this?
Hi Vani, When you say you used the SAM Multiplier concept does that mean that you used the Set-up Activities screen where you create your Activity then Event; when you enter a value in the Event field (Industry Sales, Employee Compensation, Proprietor income or Employment) and then Software then calculates the remaining fields based on the underlying study area data, or are you saying that you calculated the impact results manually using the Multipliers? We apologize, but we aren't clear what you are looking for the definition of, your results, the Multipliers themselves? Type SAM Multipliers describe the impact of an initial change in the economy on the backward linkages associated to business to business purchases and Household purchases. However if that is not the definition you're looking for or if we can provide any additional assistance, please let us know.
I used the Set up Activities Screen and created Activity ,then event. .Then I entered a value in the event fields( industry Sales) using the Sam Multiplier approach of getting this value. The software then gave me the values for the other fields. In other words I used the iMplan study area data for 2011 and tried to obtain results for 2012,201 and 2014. However the employment figures did not change for the 3 years in the results and so I am confused about this. I am not sure how to interpret these.
Hi Vani, The Dollar Year for View field, which it sound like you are using, doesn't recalculate the impacts or change the underlying Multiplier relationships in IMPLAN which are fixed relationships for the year of the data. The Dollar Year for View simply shows the impacts in an inflated dollar value. Since inflation only impacts dollars and not Employment, we would not expect Employment to change. Perhaps if you provided us some additional information about what you are trying to show across these three years, we could provide additional assistance to help you with achieving what you are trying to model. Thanks.
Appreciate your reply. I am trying to use the iMplan model to find out the impact of increasing sales by a certain amount. I am using the baseline model and calculated and these are the results I have. I am trying to interpret these. Herein I am enclosing my results. Also I would like to use implan for forecasting the future values. Can this be done? thanks Merry Christmas and Happy New to you and to Staff at implan. vani
Hello Vani, Thank you for the attachment. We are a little confused as to what you are trying to demonstrate, because the value you have listed as you change in production ($2,724,152,402) doesn't seem to appear anywhere in your results set. We aren't sure from this how you went about setting up your Model, but from earlier notes it sounds like you ran a single analysis and then shift the Dollar Year for View field to get each year's results. Which unfortunately will not work, as this will only show you the same result sets but deflated to the year selected in the Dollar Year for View field. A couple of considerations: > You used the word sales in your presentation. If this is sales as in a dollar value of increased production of the sales floor then you don't have to worry about Margins, however, if by sales you are meaning retail sales, you would need apply Margins to your values. >To Model the impacts of increased production over various years, you would need to know the value of each year's anticipated increase of production and create separate Activities and Events for the value of each year's change. You could then certainly reflect that as a total production value, by also running a separate Scenario that included the current production in the appropriate dollar year along with the change, but you would want to represent that value as the total production of the year and what it supports in the economy, not the effects of a change in production. >If your are using Industry wide value and you are looking at increasing the size of the Sector rather than a firm you would need to look at any values of the Sectors contribution prior to the change by means of a contribution analysis. >IMPLAN will tell you the impacts of increased production on local demand assuming that the it is feasible to increase the values and local demand by the amount you are entering into the Model. Depending on how much you are looking at increasing the size of the Industry you may also want to consider cost-benefit type analysis that is outside the scope of IMPLAN. Thanks!
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