Difference between revisions of "Economic Impact Analysis"
(An economic impact analysis (EIA) examines the effect of an event on the economy in a specified area, ranging from a single neighborhood to the entire globe. It usually measures changes in business revenue, business profits, personal wages, and/or jobs.) |
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| − | An economic impact analysis (EIA) examines the effect of an event on the economy in a specified area, ranging from a single neighborhood to the entire globe. It usually measures changes in business revenue, business profits, personal wages, and/or jobs. The economic event analyzed can include implementation of a new policy or project, or may simply be the presence of a business or organization. An economic impact analysis is commonly conducted when there is public concern about the potential impacts of a proposed project or policy.<ref>Definition of Economic Impact Analysis [https://en.wikipedia.org/wiki/Economic_impact_analysis/ Wikipedia]</ref> | + | An economic [[impact]] analysis (EIA) examines the effect of an event on the economy in a specified area, ranging from a single neighborhood to the entire globe. It usually measures changes in [[business]] revenue, business profits, personal wages, and/or jobs. The economic event analyzed can include implementation of a new [[policy]] or project, or may simply be the presence of a business or [[organization]]. An economic impact analysis is commonly conducted when there is public concern about the potential impacts of a proposed project or policy.<ref>Definition of Economic [[Impact Analysis]] [https://en.wikipedia.org/wiki/Economic_impact_analysis/ Wikipedia]</ref> |
Revision as of 15:34, 6 February 2021
An economic impact analysis (EIA) examines the effect of an event on the economy in a specified area, ranging from a single neighborhood to the entire globe. It usually measures changes in business revenue, business profits, personal wages, and/or jobs. The economic event analyzed can include implementation of a new policy or project, or may simply be the presence of a business or organization. An economic impact analysis is commonly conducted when there is public concern about the potential impacts of a proposed project or policy.[1]
See Also
Direct Economic Impact
Economic Impact Assessment
Business Impact Analysis
Total Economic Value (TEV)
References
- ↑ Definition of Economic Impact Analysis Wikipedia