Studies the "circular flow" of labor, goods, and supplies. Requires HIGH level of data input and expertise. 1. Primary Suppliers 2. Intermediate Purchasers 3. Intermediate Suppliers 4. Final Purchasers Outputs 3 table 1. Transactions Table 2. Direct Requirements Table 3. Total Requirements Table

Economic Analysis Flashcards by Logan Kipp

Location Quotient

Basic:Export

Non-Basic:Domestic

If LQ > 1, exporting

How well did you know this?

Not at all

Perfectly

Shift Share

Analyizes sources of regional change in regional economy

3 components:

National Share

Industry Mix

Local Share

How well did you know this?

Not at all

Perfectly

Input-Output

Studies the “circular flow” of labor, goods, and supplies. Requires HIGH level of data input and expertise.

Primary Suppliers
Intermediate Purchasers
Intermediate Suppliers
Final Purchasers

Outputs 3 table

Transactions Table
Direct Requirements Table
Total Requirements Table

How well did you know this?

Not at all

Perfectly

Brainscape's Knowledge GenomeTM

Economic Analysis Flashcards

Brainscape's Knowledge Genome^TM