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<br />I <br /> <br />I <br /> <br />I <br /> <br />ANALYSIS OF IMPACTS <br /> <br />I <br /> <br />Water-using activities have direct and demonstrable impacts on <br />several basic social values. In particular, the water study will <br />examine the impact of water allocation alternatives on: <br /> <br />I <br /> <br />1. economic well-being; <br /> <br />I <br /> <br />2. employment opportunities; <br /> <br />3. the aesthetic quality of urban surroundings; <br /> <br />I <br /> <br />4. opportunities for a rural agricultural lifestyle; and <br /> <br />I <br /> <br />5. water-based recreational opportunities. <br /> <br />I <br /> <br />For each of these values, impacts will be expressed in terms of an <br />indicator, or "yards tick, II which empirically measures the effect of <br />an alternative on that value. For example, personal income will be <br />used as the measure of economic well-being. Such indicators are neces- <br />sary in order to give concrete meaning to abstractly stated values, <br />although they can sometimes substantially restrict the range of meaning <br />associated with a value. <br /> <br />I <br /> <br />I <br /> <br />The rationale for choosing each of the above values is discussed <br />below, and the "yardstick" associated with each is also illustrated. <br /> <br />I <br /> <br />ECONOMIC WELL-BEING <br /> <br />I <br /> <br />Needless to say, everyone is concerned about his or her economic <br />welfare. The water study will measure economic impacts by estimating <br />changes in the total personal income of C0loradans which would result <br />if various water-using activities were either to increase or decrease. <br />These estimates will be derived from an input-output model of the <br />Colorado economy which has been developed at Colorado State University. <br />They will include the "ripple" effects which occur throughout the <br />state's economy when an activity takes place. <br /> <br />I <br />I <br /> <br />I <br /> <br />EMPLOYMENT OPPORTUNITIES <br /> <br />I <br /> <br />The opportunity to be employed necessarily goes hand in hand with <br />the concern for one's economic well-being. In order to measure the <br /> <br />I <br /> <br />I <br /> <br />12 <br />