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IMPLAN |
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Some studies include the use of computerized input-output models such as IMPLAN (Minnesota Implan Group, Stillwater, MN) to create detailed descriptions of how money entering a region travels through the economy and creates additional income and employment. Using the IMPLAN multiplier effect, this $1 billion in patron spending creates an annual economic impact of $1. Census Bureau and computed by using the Minnesota IMPLAN model, considered the industry standard for determining the total economic outputs of an industry or specific project. |
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