PA Models

The Regional Input-Output Model (RIOM) is a collaborative effort with the Ministry of Transporation which provides regional-specific impacts for various economic scenarios.  Three types of impacts can be assessed: Industry/Output Impacts; Commodity Impacts; and Final Demand Impacts. 

1) Industry/Output: this component of the Model enables the user to estimate the impacts (direct, indirect and induced) of an increase in production in an industry.  For example, what would be the impacts (GDP, Employment, wages, various taxes) of a Pulp Mill increasing its production. The impacts are calculated for the region (that is, how would the expansion affect the Regional District directly, as well as what indirect and induced spin-offs would the Regional District enjoy) and what impacts would the rest of the province enjoy from that increase in output.

2) Commodity Impacts: this component of the Model enables the user to estimate the impacts (direct, indirect and induced) of an increase in production in an commodity.  This is the component that is used when the

For example, what would be the impacts (GDP, Employment, wages, various taxes) of a Pulp Mill increasing its production. The impacts are calculated for the region (that is, how would the expansion affect the Regional District directly, as well as what indirect and induced spin-offs would the Regional District enjoy) and what impacts would the rest of the province enjoy from that increase in output.

3) Final Demand: this component of the Model enables the user to estimate the impacts (direct, indirect and induced) of a new Investment.  For example, what would be the impacts (GDP, Employment, wages, various taxes) of building a NEW mine or road. The impacts are calculated for the region (that is, how would the investment affect the Regional District directly, as well as what indirect and induced spin-offs would the Regional District enjoy) and what impacts would the rest of the province enjoy from that investment.