Mathematical input-output analysis for economic impact assessment: A case study on local government's bridge construction project

This paper explores the application of Input-Output Analysis (IOA) in evaluating the economic impacts of infrastructure projects, emphasizing its mathematical foundations. Using a hypothetical case study, the paper demonstrates how IOA, as a mathematics-based analytical tool, can help local governme...

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Main Authors: Suresh Kumar Sahani, Binod Kumar Sah, Kameshwar Sahani, Rahul Das, Ashok Kumar Mahato
Format: Article
Language:English
Published: Fakultas Tarbiyah Universitas Ibrahimy 2024-12-01
Series:Alifmatika
Subjects:
Online Access:https://journal.ibrahimy.ac.id/index.php/Alifmatika/article/view/6096
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author Suresh Kumar Sahani
Binod Kumar Sah
Kameshwar Sahani
Rahul Das
Ashok Kumar Mahato
author_facet Suresh Kumar Sahani
Binod Kumar Sah
Kameshwar Sahani
Rahul Das
Ashok Kumar Mahato
author_sort Suresh Kumar Sahani
collection DOAJ
description This paper explores the application of Input-Output Analysis (IOA) in evaluating the economic impacts of infrastructure projects, emphasizing its mathematical foundations. Using a hypothetical case study, the paper demonstrates how IOA, as a mathematics-based analytical tool, can help local governments assess the broader economic implications of building a new bridge. By incorporating direct effects, such as construction costs and job creation, and induced effects, such as local worker spending, the analysis reveals the total economic impact of the project. The method of research uses secondary data, such as government reports, regional economic indicators, and previous infrastructure evaluations, to estimate changes in employment, income, and value-added output. The findings highlight how IOA can provide valuable insights for policymakers to make informed decisions about public investments that stimulate local economies.
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institution Kabale University
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language English
publishDate 2024-12-01
publisher Fakultas Tarbiyah Universitas Ibrahimy
record_format Article
series Alifmatika
spelling doaj-art-8ffedf9042784963b15607c814f08c242025-02-11T15:20:50ZengFakultas Tarbiyah Universitas IbrahimyAlifmatika2715-60952715-61092024-12-016227929210.35316/alifmatika.2024.v6i2.279-2926096Mathematical input-output analysis for economic impact assessment: A case study on local government's bridge construction projectSuresh Kumar Sahani0Binod Kumar Sah1Kameshwar Sahani2Rahul Das3Ashok Kumar Mahato4Department of Science and Technology, Rajarshi Janak University, Janakpurdham 45600, NepalDepartment of Statistics R.R.M.C., Tribhuvan University, Janakpurdham 45600, NepalDepartment of Civil Engineering, Kathmandu University, Dhulikhel 45200, NepalFaculty of Science, Technology, and Engineering, Rajarshi Janak University, Janakpurdham 45600, NepalFaculty of Science, Technology, and Engineering, Rajarshi Janak University, Janakpurdham 45600, NepalThis paper explores the application of Input-Output Analysis (IOA) in evaluating the economic impacts of infrastructure projects, emphasizing its mathematical foundations. Using a hypothetical case study, the paper demonstrates how IOA, as a mathematics-based analytical tool, can help local governments assess the broader economic implications of building a new bridge. By incorporating direct effects, such as construction costs and job creation, and induced effects, such as local worker spending, the analysis reveals the total economic impact of the project. The method of research uses secondary data, such as government reports, regional economic indicators, and previous infrastructure evaluations, to estimate changes in employment, income, and value-added output. The findings highlight how IOA can provide valuable insights for policymakers to make informed decisions about public investments that stimulate local economies.https://journal.ibrahimy.ac.id/index.php/Alifmatika/article/view/6096economic impactbridge constructionmathematical input-outputresource allocationsector analysis
spellingShingle Suresh Kumar Sahani
Binod Kumar Sah
Kameshwar Sahani
Rahul Das
Ashok Kumar Mahato
Mathematical input-output analysis for economic impact assessment: A case study on local government's bridge construction project
Alifmatika
economic impact
bridge construction
mathematical input-output
resource allocation
sector analysis
title Mathematical input-output analysis for economic impact assessment: A case study on local government's bridge construction project
title_full Mathematical input-output analysis for economic impact assessment: A case study on local government's bridge construction project
title_fullStr Mathematical input-output analysis for economic impact assessment: A case study on local government's bridge construction project
title_full_unstemmed Mathematical input-output analysis for economic impact assessment: A case study on local government's bridge construction project
title_short Mathematical input-output analysis for economic impact assessment: A case study on local government's bridge construction project
title_sort mathematical input output analysis for economic impact assessment a case study on local government s bridge construction project
topic economic impact
bridge construction
mathematical input-output
resource allocation
sector analysis
url https://journal.ibrahimy.ac.id/index.php/Alifmatika/article/view/6096
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AT kameshwarsahani mathematicalinputoutputanalysisforeconomicimpactassessmentacasestudyonlocalgovernmentsbridgeconstructionproject
AT rahuldas mathematicalinputoutputanalysisforeconomicimpactassessmentacasestudyonlocalgovernmentsbridgeconstructionproject
AT ashokkumarmahato mathematicalinputoutputanalysisforeconomicimpactassessmentacasestudyonlocalgovernmentsbridgeconstructionproject