I have some questions regarding modeling household income change, mostly on LPC. Say, I am running impact analysis for three counties in California, San Francisco, Alameda, and Santa Clara. I am trying a single IO for each county and MRIO for all three of them (3 MRIOs) It looks like that when I model household income change, I cannot click LPC and set to SAM value - my IMPLAN will crash if I do. But I think I would be able to find the percentage from SAM and change the user LPC. (or maybe I should not do it?) If I should use LPC for household income change, suppose LPC for Santa Clara is 0.6, and the total household income change is 100,000, when I run an activity like this, IMPLAN will show me the impact from 60,000 household spending, adjusted for tax and saving, right? But how should I model the rest 40,000 of household income change, if the only information I have is that the households spend the 40,000 outside of Santa Clara? And if I run MRIO, will the household income change and LPC automatically adjust themselves? For example, I put 100,000 and 100% in Santa Clara model linked with San Francisco and Alameda, and say that the residents in Santa Clara typically spend 60% locally, and 20% in San Francisco, 10% in Alameda, and 10% rest of the world, will IMPLAN automatically adjust the regional spending patterns? So, in the results panel, the impact, if we click Santa Clara model, will be the total impacts from the 60% locally, and indirect and induced from 20% in San Francisco and 10% in Alameda. I made up the percentages, they are not the SAM value. I might have asked lots of questions. Thank you very much for your help!
Please sign in to leave a comment.