Dear IMPLAN users/experts, I have a question about the best way to model the impact of raising wages in a given industry (i.e. fast food workers) in a given regional economy. I was thinking of 1) modeling the positive impact as a change in household income for a calculated number of workers (e.g. 10,000 workers each earning $1,000 more per year). What I'm having trouble figuring out is if I want to model a potential negative impact in terms of 1) lower profits in national fast food chains (I could treat this a pure leakage, no?) or 2) higher prices paid for fast food purchases by everyone else throughout the regional economy. (would I model this as lost HH income for everyone else, or simply by changing the commodity price somehow). Any guidance is appreciated. Thanks. Bill
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