Angela Slovachek
Articles
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Fundamental Principles of I-O
INPUT-OUTPUT PRINCIPLES There are three fundamental principles underlying the I-O accounts (Clouse, et al, 2023; Horowitz & Planting, 2009). CONSISTENCY PRINCIPLE Under this principle, the data com...
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Input-Output & Social Accounting Matrix Structure
INTRODUCTION Input-Output (I-O) modeling is based on the work of Nobel Prize winner Wassily Leontief. The foundational concept is that everything in an economy is interconnected through buy-sell re...
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Net Analysis: Switching to Solar Energy
INTRODUCTION A Net Analysis reports a holistic look at the effects resulting from a change in production or spending in the economy, both the positive and negative. Net Analyses that involve two d...
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Economic Effect Indicators
INTRODUCTION IMPLAN data sets provide a wealth of data about the regional economy, including Industry data (e.g., Industry output, labor income, input purchases, taxes paid), commodity data (e.g., ...
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Please, Stop Using “Mock MRIO”
INTRODUCTION Multi-Regional Input-Output (MRIO) analysis is widely used to track additional economic effects stemming from an impact in your Study Area on another Region or Regions. It is frequentl...
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Capital Expenditures
IMPLAN follows the same definition provided by the Bureau of Economic Analysis (BEA). https://www.bea.gov/help/glossary/capital-expenditures The BEA defines Capital Expenditures as "Expenditures m...