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IMPLAN

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Latest activity by IMPLAN
  • IMPLAN created an article,

    Measures of GDP: Value Added and Final Demand

    INTRODUCTION Gross Domestic Product, GDP, is defined as the total market value of all final goods and services produced within a region in a given period of time (usually a quarter or year). GDP is...

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  • IMPLAN created an article,

    Employment Details

    1. How is Employment defined in IMPLAN? Employment data in IMPLAN follows the same definition as Bureau of Economic Analysis Regional Economic Accounts (BEA REA) and Bureau of Labor Statistics Cens...

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  • IMPLAN created an article,

    Additional Final Demand Basics: Capital, Inventory, and Private Enterprise

    INTRODUCTION In addition to demand by Households and Governments, Capital (investment expenditures), Inventory (additions/deletions), and Private Enterprise are included as Institutions and Final D...

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  • IMPLAN created an article,

    Rest of World Adjustment

    The rest-of-the-world adjustment to final uses consists of values for exports and imports that have offsetting adjustments to personal consumption expenditures and government. This adjustment is re...

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  • IMPLAN created an article,

    Economic Impact Analysis

    Economic Impact Analysis is a technique that allows an analyst to trace spending through an economy and measure the cumulative effects of that spending. Also referred to as Input-Output Analysis.

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  • IMPLAN created an article,

    Deflator

    Deflators are used by the software whenever the Dollar Year is set to a year that differs from the Data Year to account for inflation and deflation over time. The Output Deflator converts the  Outp...

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  • IMPLAN created an article,

    Institutional Demand

    Institution demand, also known as Final Demand, is demand for goods and services for final use. Final use means that the good or service will be consumed and not incorporated into another product. ...

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  • IMPLAN created an article,

    Capital

    Expenditures made by Industries and Institutions for construction and to obtain capital equipment. In IMPLAN, Capital simply refers to durable assets (including savings) and devices that can be tho...

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  • IMPLAN created an article,

    Jobs

    An Industry-specific mix of full-time, part-time, and seasonal employment.  An annual average that accounts for seasonality and follows the same definition used by the BLS and BEA. In IMPLAN, Emplo...

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  • IMPLAN created an article,

    Aggregation Bias

    Aggregation bias stems from the loss of detail that occurs when one Combines Regions or aggregates Industries. When multiple regions or industries are combined prior to calculating multipliers, the...

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