The input-output (IO) analysis explores changes in final demand through the regional economy using multipliers. However, it isn’t flexible to investigate the regional impact from the capacity limitations which are directly imposed on production, not final demand. This is because the...

Regional economic impact models are important tools used to analyze the impacts of policy changes to a regional, state, county, or local economies. The National Environmental Policy Act requires economic analysis in preparing environmental impact statements to show the effects of policy...