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AICP Essentials > Economic Analysis > Flashcards

Flashcards in Economic Analysis Deck (3)
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1
Q

Location Quotient

A

Basic:Export

Non-Basic:Domestic

If LQ > 1, exporting

2
Q

Shift Share

A

Analyizes sources of regional change in regional economy

3 components:

National Share

Industry Mix

Local Share

3
Q

Input-Output

A

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