Type I & Type II Input-Output models are now available in the Impact Scenario. In the video below, an Emsi specialist describes the dos and don’ts of the Input-Output model. These models provide insight into the ripple effects caused by sales revenue gained or lost across various industries.
During a period of economic uncertainty, this insight can be used to project various scenarios before they’ve happened. However, there are a few precautions to keep in mind; for example, this model is structured to show a fixed economy, meaning that it does not take into account factors such as timeframe, politics, or a global pandemic.