This paper reports the results of an analysis of the potential economic and fiscal impacts of a hypothetical biodiesel production facility on a county’s economy in the State of Kansas, USA. County-level impacts were estimated using two models in a three-stage process. To estimate economic impacts, a social accounting matrix (SAM) of the county’s economy was constructed and shocked using the projected direct sales impact. The resulting total employment and labor income impacts (direct, indirect and induced) were then entered into an econometric model to estimate associated fiscal and labor market impacts in the final stage.
ABSTRACT
I. Introduction
II. Economic Impacts by the Social Accounting Matrix (SAM)
III. Labor Market and Fiscal Impacts from the Kansas Integrated Impact Model
IV. Conclusions
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