maria_lucas
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Hi Matt,You are absolutely correct in your breakdown of the modeling approach. And great catch! Yes, you should apply any adjustment made to Employee Compensation (made before running the model fro...
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Hi Matt, You are totally on track with your understanding. As for how to apply this adjustment to the model - it would be appropriate to reduce your direct labor income before your run the model wi...
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Hi Matt, What information do you have available about the spending necessary for these new oil and gas wells? If the Sector exists in the Region where you are modeling the new wells, then you have...
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Hello again, Specifically all new construction sectors, sectors 52-61, are defined as investments, so you won't see any purchases to these sectors in any of the sectors' production functions. You ...
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Hello, Thank you for your question! By definition, drilling new wells is an investment; as such purchases to Sector 37 is not part of any industry production function (like new construction). Ther...
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Official comment Hello, Great question. Direct Value Added is calculated most easily as Direct Output minus Direct Expenditure amount (or Intermediate Expenditures), as the Output equation is Output = Intermediate...
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Official comment Hello and thank you for your question, I'd love to better understand what you are hoping to estimate the impact or contribution of so I can best advise how you should model this. From what I unders...
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Thank you for this additional information, Brian. Can you tell me what you'd expect the change in production or spending to be as a result of these costs? Would you expect the $100,000 in costs in ...
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Hi Robin, To provide some further guidance - one option could be to evaluate the effect of the gained income and subsequent household spending in your region due to individuals being healthy enough...
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Hello, Of course - happy to help! Another great question. This one was a little harder, so I looped in the data team to produce the following answer: The answer appears to be yes, they are included...