General Business Impacts

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Brian Eakin

• October 25, 2019 17:28

I'm modeling the impacts of a program that provides rebates to a wide array of businesses within a state. Is there a way to model an increase in business income (including corporations - not just sole proprietors) for a general mix of commercial businesses?

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  Meg Philipp

  • October 28, 2019 16:16

  Hello Brian,

  Thank you for your question. Modeling an increase in business income for corporations from rebates can be done as separate Industry Output events. 

  We would not recommend running this as a labor income event as you don’t know where the companies would be spending this money, and labor is only a piece of Output. Another aspect to note is that Labor Income Events affect Households and as such aren’t captured in your Direct effects.

  For more information please refer to the following articles:

  The Output Equation

  Types of Events

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