Cairns
Economic Impact Model
Economic impact modelling enables Cairns to explore how changes in employment or output (sales) due to a new project, business or policy will impact on all other sectors of the economy. It does this by using an input-output model derived from the local economy microsimulation model by National Economics (NIEIR) to model the flow-on effects across different industries.
This provides Cairns with powerful evidence to advocate against industrial closures or strategically target new industry sectors which are likely to have the greatest positive economic impact.
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Disclaimer
This report has been generated for the Cairns Regional Council. It is provided for information purposes only. There can be no assurance that actual results will be consistent with any forecasts or estimates provided within the report. The information in this report and the report itself is subject to change without notice. The modelling used to generate estimates of economic impacts within the report is provided by National Institute of Economic & Industry Research (NIEIR). Neither the Council nor .id gives any warranty nor bears any liability whatsoever with respect to the correctness, accuracy, currency, completeness, or otherwise of the NIEIR model, or other content generated from it within this report.