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Description

This analysis present "rules of thumb" for estimating the economic impacts of $1 of spending on different types of capital projects in Alaska. It demonstrates that the economic impact varies by project type. The magnitude of economic impact is determined primarily by two factors which determine how much of each dollar spent leaks out of the economy. The first is the proportion of value added (mostly wages and salaries and profits) earned by nonresidents. The second is the proportion of sales to the construction industry which could be made by Alaskan firms but which is, in fact, made by firms outside the state.

Publication Date

4-17-1983

Keywords

Expenditures, Capital, Economy

Handle

http://hdl.handle.net/11122/14089

The Economic Impacts of Capital Construction Expenditures in Alaska

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