Tag Archives: Input-Output

Input-Output Predictive Scenario Report

AnalystUsing Analyst’s Input-Output Scenario report you can predict the expected impact of a business loss or gain in your community in terms of  jobs, sales, or wages, and how that event would impact other industries regionally. It gives you the ability to “shock” an economy and measure the impacts.

It also gives you the predictive ability to see:

  • The effect of a new company locating in the local regional economy,
  • The effect of adding jobs to an existing industry sector (such as a major company expansion)
  • The effect of losing a company/losing jobs from the local regional economy

For example, if we wanted to understand the impact of an animal feed mill’s in rural Ontario. We would go through the following steps to get the information that will help us understand the impacts.

First Step: choose a region Continue reading Input-Output Predictive Scenario Report

New Economic Modelling Tool

Analyst Input-Output Tool

The Ontario Ministry of Agriculture, Food, and Rural Affairs – in partnership with Economic Modeling Specialists International (EMSI) – is excited to announce the addition of a Canadian version of their Input-Output Modelling tool in Analyst.

Input-Output models map out linkages within an economy by tracing the connections between industries, households and government. This is done by tracking the flow of money between those entities within a geographic area (for more background on input-output modelling). Continue reading New Economic Modelling Tool