Value Added and Output timeframe
Hello,
When running an impact of X jobs for X industry, the total Value Added and output resulting from the jobs, is it the impact that the X jobs will have every year?
Thank you.
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Hi Aymie! Thank you for your forum post!! You are absolutely correct in your thinking that the Employment impact can be reported as a year over year impact. Since it is the same value of production just being expressed in different years dollars; you can generalize it to say all of your impacts (Output, Value Added, Labor Income) are year over year as you just need to consider the rate of inflation.
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