1909.17,20 Contents Page 1 of 2 FSH 1909.17 - ECONOMIC AND SOCIAL ANALYSIS HANDBOOK CHAPTER 20 - ECONOMIC IMPACT ANALYSIS Contents 21 ELEMENTS OF ECONOMIC IMPACT ANALYSIS 21.1 Scope of Program or Project 21.2 Purposes of Economic Impact Analyses 21.3 Means to Estimate Economic Multiplier Effects 22 METHODS OF ESTIMATING ECONOMIC IMPACTS 22.1 Input-Output Analysis 22.2 Input-Output Tables 22.3 Methods of Assembling Data 22.4 IMPLAN, the Forest Service System 23 MEASURES OF ECONOMIC IMPACTS 23.1 Types of Impacts and Multipliers 23.11 Direct Outputs 23.12 Indirect Outputs 23.13 Induced Outputs 23.2 Impacts and Multipliers for Small Areas 23.3 Components of Impacts and Multipliers 24 DEFINING THE RELEVANT IMPACT AREA 24.1 Criteria for Defining Impact Analysis Areas 24.11 Economic Centers 24.12 Trade Patterns Based on Raw-Material Outputs 24.13 Trade Patterns Based on On-Site Use of Outputs 24.14 Counties with Program Lands 24.15 Residences of Labor Force 24.2 Additional Impact Areas 25 GENERATING AND MODIFYING BASIC DATA FOR IMPACT AREA 25.1 Generating and Reviewing County Data 25.2 Modifying Data at the County Level 26 DEVELOPING A REGIONAL ECONOMIC MODEL 26.1 Steps in Model Development 26.2 Aggregating Sectors of the Regional Model 26.3 Review of Model Results and Multipliers 27 SPECIFYING ECONOMIC CHANGES FROM ACTION PROGRAMS 27.1 Specifying Changes from Alternative Levels of Program Activities 27.11 Identify Outputs and Processes 27.12 Specify Changes in Physical Units 27.13 Estimate Per Unit Values 27.14 Allocating Values to Appropriate Sectors 27.15 Adjusting Values to Constant Dollars 27.2 Direct and Indirect Changes in Government Expenditures 27.21 Forest Service Expenditures 27.22 Purchaser-Credit Roads 27.23 Shared Receipts 28 ESTIMATING ECONOMIC IMPACTS 28.1 Economic Impact Calculations 28.2 Extensions of Economic Impact Analysis 28.21 Supply-Constrained Industries 28.22 Structural Change 28.23 Labor Force Utilization 29 REFERENCES