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maria_lucas

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Latest activity by maria_lucas
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    maria_lucas created an article,

    The Basics of Framing Your Analysis

    INTRODUCTION: When starting an IMPLAN analysis, you should first frame an analysis by identifying the who, what, where, when and why of the analysis. Each of these criteria are heavily influenced b...

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    maria_lucas created an article,

    Total Revenue versus Marginal Revenue

    INTRODUCTION: When a good is purchased via a retailer or wholesaler, the price that is paid (Purchaser Price) for the good differs from the actual Producer Price of the good.  This is because it i...

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    maria_lucas created an article,

    Total Revenue

    Total Revenue represents the increased income resulting from the total sale of goods and services. IMPLAN defines Total Revenue as Total Purchaser Price of Commodities Sold. Selecting Total Revenue...

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    maria_lucas created an article,

    Marginal Revenue

    Marginal Revenue represents the increased income resulting from the sale of one or more unit of goods and services. IMPLAN defines Marginal Revenue as Total Producer Price of Commodities Sold, wher...

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    maria_lucas created an article,

    Value Chain

    The process or activities by which commodities in the economy increase in value but do not change from the factory door to the final sale. It includes the Producer Value, Transportation Margin, Who...

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    maria_lucas created an article,

    Leakages

    Estimated spending associated with the modeled Event(s) that does not affect the Region you’ve defined (according to the model). This typically refers to economic effects outside of the Region trig...

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    maria_lucas created an article,

    Net Analysis: Considering Both Sides of an Impact

    INTRODUCTION: A Net Analysis reports a holistic look at the effects resulting from a change in production or spending in the economy, both the positive and negative.  Net Analyses that involve two...

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    maria_lucas created an article,

    Sector Production Functions in IMPLAN

    INTRODUCTION: Backward linkages are the interconnection of an industry to other industries from which it purchases inputs to produce its output. Each industry purchases Commodities from Industries ...

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    maria_lucas created an article,

    Economic Effects Measured by Input-Output Analysis

    Input-Output (I-O) Analysis is designed to predict the ripple effect of an economic activity by using data about previous spending. Production in a given Sector in an economy supports demand for pr...

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    maria_lucas created an article,

    The Output Equation

    INTRODUCTION: IMPLAN defines the total annual production value of each Sector or Commodity as Output. Output is in producer prices and includes net of inventory changes. To understand how the defin...