Using employment as inputs to model


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    IMPLAN Support
    Hi David, Thanks for your Forum post. Overall, across the whole state economy (in this case), Value Added=Final Demand, where Final Demand and GSP are synonymous. At the industry level, final demand may not be equal to value added. Employment can be used to determine Output; however, we suggest using Employment only if you do not have Industry Sales, Employee Compensation, or Proprietor Income. Also, consider conducting a contribution analysis as opposed to impact analysis in this case. Contribution analysis primarily focuses on how the existing industry contributes to the local economy (in this case state economy). Please see the following links that talk about contribution analysis in depth. Estimate the Contribution of a Single Industry Multi-Industry Contribution Analysis Please let us know if you further have any questions. Regards, IMPLAN Staff
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