I ran a model with several industry output events that were extremely large relative to activity in the industry in the county (e.g., Industry 444 has $151M output in the county and I ran a $133M output event). The RPC for this industry in this county is only about 9%. I noticed that regardless of whether I ran an Industry Output or Commodity Output event (using an MRIO model with the rest of the state as the other region), all the direct effects still occurred in the county even though the existing industry in the county couldn't realistically handle that amount of activity.
Is there an alternate way to specify the model that would yield direct impacts outside of the county due to the limited capacity of the industry where the spending is occurring?
If a modeled event would just totally swamp an existing industry, how does IMPLAN handle that?
Thank you!
Comments
1 comment