Helping clients understand the value you create now, and the value a new investment would add.
Economic contribution and impact assessment is an analytical approach used to measure the direct and flow-on economic activity generated by a business, industry, event or project within a local, regional or national economy. Contribution assessment measures the ongoing ‘economic footprint’ of an existing activity, while impact assessment measures the additional economic activity generated by a proposed activity.
By quantifying direct and flow-on effects, these assessments help decision-makers understand the economic significance of an activity and can inform decisions relating to funding, investment and project approval.
We help clients understand the economic value supported by an organisation, industry, project or investment, and how that value is distributed throughout the economy.
Using NineSquared’s Regional Input Output (IO) Model, our in-house regional input-output model, we quantify economic activity across four key measures:
For each measure, we quantify both the direct activity generated and the flow-on effects supported across supply chains and household spending. Industry-level results show where economic impacts occur across the economy and which sectors are most affected.
A clear, defensible estimate of economic value strengthens the case for funding, investment and approval. Built on the latest ABS data and a regionalised modelling framework, our assessments capture the full economic footprint of an activity, helping decision-makers understand its significance across the economy.
NS-RIOM The NineSquared Regional IO Model (NS-RIOM) is NineSquared’s in-house regional input-output model. It is based on...
More insights