I have a question about running just a basic economic impact of an investment in an industry using IMPLAN online. For example, I want to calculate the impact of a $1 million investment in the forest industry (made up of several subsectors). I created a new scheme to aggregate the subsectors to one big forestry sector. When I run the analysis, what event should I use to reflect the $ 1 million investment? I am confused whether I should use industry output or the other events.
Economic Impact of Investment on an Industry
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Hi there! You can absolutely use the Industry Output Event Type for this kind of analysis; especially if you only know the one dollar value.
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Thank you for your help! Just wanted to make sure this is the most appropriate even to use in this scenario. Investment and spending is interpreted the same here, right?
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