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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Fakultas Tarbiyah Universitas Ibrahimy
2024-12-01
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Series: | Alifmatika |
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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. |
format | Article |
id | doaj-art-8ffedf9042784963b15607c814f08c24 |
institution | Kabale University |
issn | 2715-6095 2715-6109 |
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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