Abstract:
A hybrid approach for estimating economic impacts uses survey information on the direct output effects in conjunction with Regional Input-Output Modeling System (RIMS II) multipliers. The approach is demonstrated using hypothetical direct coefficients and multipliers. The increased accuracy of the approach is then assessed by comparing survey and nonsurvey impacts estimated for two states. As an example, the hybrid RIMS II approach is applied to the impacts of a General Electric plant in the Charlottesville, Virginia, Metropolitan Statistical Area.
Supplemental Notes:
This paper appears in Transportation Research Record No. 1274, Transportation and Economic Development 1990: Proceedings of a Conference, Williamsburg, Virginia, November 5-8, 1989. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
