Accounting for Imports in Acquisitions of Goods in US model


1 comment

  • Official comment
    Brian Barlow

    Hey Michael,


    Great intuition here! You have two options: 

    1. You're welcome to reduce the total input to whatever gets you to the amount purchased locally ("locally" meaning within the US), just as you suggested in your post. 
    2. Alternatively, you can use the full amount in your input and then change the LPP (local purchasing percentage) to 20% if you only want 20% of that number applied. This simply does the same as Option 1...  it reduces the total before that number runs through the multipliers. 
      • To change the LPP in IMPLAN Pro, create an event and then select EVENT OPTIONS > EDIT EVENT PROPERTIES > LOCAL PURCHASE PERCENTAGE > USER LPC.


    Thank you!


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