In-Commuting Rate by Industry

Hi,

I understand how to calculate the regional in-commuting rate, but was wondering if there is a way to find the in-commuting rate by industry? Presumably construction has a different in-commuting rate than legal, for instance. Is it such that IMPLAN applies the same in-commuting rate to all industries when calculating the share of employee compensation that remains within the region?

 

Thanks

Was this post helpful?
0 out of 0 found this helpful

Comments

3 comments

  • Official comment

    Luke, 

    In IMPLAN, in-commuting rates are region but not industry specific. If your analysis of an industry requires that you adjust the in-commuting rate, please see our article on adjusting compensation to account for a known in-commuting rate. This article will show you how to see what IMPLAN estimates as the in-commuting rate and how to adjust it if you have more specific information for your project. Hope this helps!

     

  • Thanks Michael,

    The calculations in the article divide the payments from OPI to foreign and domestic trade by total EC.  Why is it not the payments from EC to foreign and domestic trade, divided by total EC? I don't follow that calculation.

    Best,

    Luke

    0
  • Luke, 

    You are 100% correct about the calculation of in-commuting rates. Unfortunately, there was an error on our end that led to this mishap. The article has since been updated thanks to your question. Apologies for the confusion, and thank you for bringing this to our attention! 

    Best wishes. 

     

    0

Please sign in to leave a comment.