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Innovative Applications of Input Output Modeling in Economic Analysis
Regional Economic Development When a city considers attracting a new manufacturing facility, I-O modeling can project the full economic impact—not just the direct jobs at the plant, but the induced effects on suppliers, service providers, and consumer spending throughout the region. This helps policymakers evaluate whether tax incentives and infrastructure investments will generate sufficient returns. Supply Chain Risk Assessment Recent global disruptions have highlighted how
margobergman4
3 days ago2 min read


Input-Output Modeling: Understanding Economic Interdependencies in a Complex World
In today's interconnected economy, a disruption in one sector can ripple through entire supply chains and regional economies. When a semiconductor shortage hits, it doesn't just affect chip manufacturers—it impacts automakers, consumer electronics companies, and countless other industries. Understanding these complex interdependencies is where Input-Output (I-O) modeling becomes invaluable. What is Input-Output Modeling? At its core, I-O modeling answers a deceptively simple
margobergman4
Nov 112 min read


Navigating the Maze: What Are the Different Types of Research Methods?
There are a number of different types of research designs and which one you pick depends on both what you're trying to do with your data...
margobergman4
Oct 10, 20241 min read


Avoid These Common Pitfalls When Presenting Data in Graphical Format
Mark Twain said, “there are lies, damn lies, and statistics”. When reporting statistics, there are a number of things that people can do...
margobergman4
Aug 31, 20241 min read


Exploring the Impact of Outliers in Statistical Analysis
Preparing your data for statistical analysis, in short, means eliminating factors, in a methodical and theoretically defensible way, that...
margobergman4
Aug 23, 20242 min read


How Can Effective Data Collection Drive Business Success in the Modern Age?
When you think about data collection you want to think about it in two parts. There's the data “collection” which is actually collecting...
margobergman4
Aug 20, 20241 min read
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