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Advanced Users

Jobs and Economic Development Impact (JEDI) is an input-output model designed to provide reasonable estimates, not exact numbers. JEDI also provides estimates on land lease and property tax revenues, when appropriate. Various ownership and financing structures can be incorporated by the user as well. JEDI presents gross project-specific results. It does not consider potential electricity price impact or alternative investment options.

Users with more experience with power generation projects and/or economic impact analysis can incorporate specific project data into the JEDI model. This may include costs and expenditures, financing, taxes, and local share of spending. Once modified inputs are added, results may be viewed on the Summary Impacts tab. The default expenditure values are entered in purchaser prices. The model then automatically allocates the expenditures to the respective producing industries.

Economic multipliers contained within the model are derived from Minnesota IMPLAN Group's IMPLAN Professional. Contact them directly to obtain specific multipliers not included in the JEDI model.

Note: If you modify the model's default values, you must enter an "N" in the designated cell on the Project Data page to have the new data incorporated in the analysis.

User add-ins

The default model estimates impacts on a statewide basis. However, the User Add-in Location feature allows users to complete analysis for a specific region of interest other than the state level. Necessary inputs include multipliers for the output categories: employment, earnings, and output (per million dollars change in final demand) as well as personal consumption expenditures (e.g., average consumer expenditures on goods and services — calculated as a percentage for each industry — totaling 100 percent combined), for fourteen aggregated industries.

Aggregated industries include:

  • Agriculture
  • Construction
  • Electrical Equipment
  • Fabricated Metals
  • Finance, Insurance and Real Estate
  • Government
  • Machinery
  • Mining
  • Other Manufacturing
  • Other Services
  • Professional Services
  • Retail Trade
  • Transportation, Communication and Public Utilities
  • Wholesale Trade

IMPLAN users can customize the model by following these steps:

  1. Purchase the desired county or state level data files.
  2. Using IMPLAN Pro Social Accounting & Impact Analysis Software, create a new model with the desired region (one county, group of counties or group of states).
  3. Construct the model.
  4. Aggregate the model. (This requires the user to create a new fourteen industry aggregation scheme and aggregate the new model. Once the model is aggregated, reconstruct the social accounts and multipliers.)
  5. Open Reports, Study Area, and save Household Commodity Demand (personal consumption expenditures) to a spreadsheet file. Go to Multipliers, and save Employment, Employee Compensation and Output, each to a spreadsheet file.
  6. The data contained in each of these files can then be formatted to easily input (i.e., cut and paste) into the respective location (MyCounty for a single county or MyRegion for a group of counties or states) in the User Add-in Location worksheet in JEDI.
  7. Identify the location of the plant (in the project description section of the ProjectData worksheet) as MyCounty or MyRegion, depending on the area of analysis, and proceed with running the model.