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Economic Impact Models for Decision-Making

 

"How many new jobs will this project create in my local economy?" "How much tax revenue will this project generate for the local government?" "What would be the impact on the local wage rate if this manufacturer locates here?" "How would a change in property tax rates affect our economy?" "Will the net revenues generated by the new facility cover the incentives offered by the state?"

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Credits

This article updates an earlier version written by Alfie Meek in November 2000 when he worked at the University of Georgia. The authors of this revision are Sharon Kane, 706.542.6664, skane@sbdc.uga.edu, The University of Georgia; and Robert Lann, 404.894.3475, robert.lann@edi.gatech.edu, Georgia Institute of Technology.


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