bank deposits
I have a client that wants to know the effect on regional bank deposits resulting from an economic development effort. I've done the impact analysis, which was pretty straightforward. But I'm stumped as to how to estimate bank deposits resulting from the impact. Is there any way to infer this from ratios in the social accounts, trade flows, detailed scenario results, etc. combined with BEA or BLS data? I'm assuming they want both household & business deposits. I know that whatever info is in IMPLAN is net borrowing/lending and BEA data is net interest & fees. Are there any ratios one could use to back out the deposits? Thanks.
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Official comment
Hi,
IMPLAN measures impact in terms of a change in the value of production. As such, there would not be an effective way to measure bank deposits as the model doesn't really show the effect of that kind of activity. It can show you the amounts that go into "capital" in the social accounts tab (IxC Matrix), but that is a composition of various other numbers as well, not just bank deposits.
Please let me know if you have any follow-up questions.
Thank you
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That's what I thought. I don't think it adds anything meaningful to the analysis, but these are PR/Fundraising folks. I'm just going to see if I can work something up using Fed data on deposits and seeing if it correlates at all to BEA and IMPLAN data on labor income and regional value added. Thanks anyway.
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