Laserfiche WebLink
<br /> <br />0 <br />(,.') <br />N 2 <br />C~) <br />N 3 <br />Q <br /> 4 <br /> 5 <br /> 6 <br /> 7 <br /> 8 <br /> 9 <br /> 10 <br /> II <br /> 12 <br /> 13 <br /> 14 <br /> 15 <br /> 16 <br /> 17 <br /> 18 <br /> 19 <br /> 20 <br /> 21 <br /> 22 <br /> 23 <br /> 24 <br />25 <br /> <br />"',\l <br /> <br />The economic welfare of the enHre community will benefit from imple~ <br /> <br />mentation of system improvements In the Grand Valley. The construction <br /> <br />business which will install land leveling, concrete ditch lining and <br /> <br />other construction work will result in added employment and added <br /> <br />spending in the area. <br /> <br />Overall, implementation of better management practices and on-farm <br /> <br />improvements will have a beneficial impact on the economy of the entire <br /> <br />area. <br /> <br />In an effort to analyze the impacts on the regional economy, an input- <br /> <br />output analysis was used to show what effects each level of management <br /> <br />would have on the Upper Colorado Region. The original Input-Output (1- <br />0) Model was developed by the Economics Work Group for use in the Upper <br />Colorado Region Comprehensive Framework Study. This original model was <br /> <br />updated to a 1975 price base and 1980 technology. <br /> <br />The basic relationship shown in the following tabulation includes value <br /> <br />added, increased income, requirements for water and labor, and total <br /> <br />gross output, related to final demand. Final demand represents sales to <br /> <br />the final consumer and is defined as the sum of five major components: <br /> <br />0) sales to households (personal consumption expenditures), (2) sales <br /> <br /> <br />to federal, state and local governments (government purchases of goods <br /> <br />~nd services1. (31 gross private capital investment, (4) exports of <br /> <br />. goods and services from the region, and (5) inventory accumulation. <br /> <br />Total gross output is defined as total sales to final demand, plus total <br /> <br />sales to Intermediate demand (interindustry transactions) by each <br /> <br />industry. Consumptive water use shown in the tabulation are computations <br /> <br />31 <br /> <br />