Accession Number : ADA293786
Title : Local Public Finance Impact Model: User's Guide and Technical Documentation.
Descriptive Note : Interim rept. no. 10,
Corporate Author : ARMY ENGINEER INST FOR WATER RESOURCES FORT BELVOIR VA
Personal Author(s) : Robinson, Dennis P. ; Kelejian, Harry H.
PDF Url : ADA293786
Report Date : JUN 1994
Pagination or Media Count : 114
Abstract : This report documents the development and implementation of a model to estimate the effects on local public revenue and expenditures which would be expected to stem from the construction and operation of an infrastructure facility (such as a lock and dam or a highway) . To accomplish this purpose reliably, and to be of the most use to the relevant audience of local decisionmakers, the model was specified to have certain characteristics. This report summarizes the LPFI Model, its general characteristics, and its use. The report includes specific user instructions for the access and use of the FIFS/LPFI model combination. Four hypothetical case studies are provided. The traditional or conventional methods of computing fiscal (i.e. , revenue and expenditure) impacts by planners are reviewed, and several available, competing fiscal impact models are discussed and evaluated. Finally, the report provides technical documentation concerning the LPFI model's logic, econometric structure, statistical estimation methodology, and performance evaluation. (AN)
Descriptors : *FINANCIAL MANAGEMENT, *ECONOMIC IMPACT, DATA BASES, COMPUTER PROGRAM DOCUMENTATION, MATHEMATICAL MODELS, USER MANUALS, MANAGEMENT PLANNING AND CONTROL, COMPARISON, STATISTICAL DATA, DEMOGRAPHY, COST ESTIMATES, INPUT OUTPUT PROCESSING, CASE STUDIES, CONSTRUCTION, MATHEMATICAL PREDICTION, COST MODELS, COMPUTER FILES, ECONOMETRICS, GEOGRAPHIC AREAS, REVENUE SHARING, LOCAL GOVERNMENT.
Subject Categories : Economics and Cost Analysis
Distribution Statement : APPROVED FOR PUBLIC RELEASE