IMPLAN
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| Corporation | |
| Industry | 511210 Software Publishers |
| Founded | 1993 |
| Headquarters | Hudson, Wisconsin |
| Products | Software and Data for economic impact analysis |
| Website | www |
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| Original author(s) | MIG, Inc. |
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| Initial release | November 3, 2009 |
| Operating system | Windows XP or newer. Not supported for Mac. |
| Type | Economic Information Technology |
| Website | www |
MIG, Inc. (Formerly "Minnesota IMPLAN Group, Inc.") is the corporation that is responsible for the production of IMPLAN (IMpact analysis for PLANning) data and software.
Using classic input-output analysis in combination with regional specific Social Accounting Matrices and Multiplier Models, IMPLAN provides a highly accurate and adaptable model for its users. The IMPLAN database contains county, state, zip code, and federal economic statistics which are specialized by region, not estimated from national averages and can be used to measure the effect on a regional or local economy of a given change or event in the economy's activity. That is useful in examination of questions like these:
While the U.S government had developed effective methods of gathering and reporting national economic statistics, there were no methods for turning that information into functional data for local economies to use. Therefore a system was needed to accurately report local economic information in an easily accessible and timely fashion.
The 1976 National Forest Management Act required the USDA Forest Service to create 5-year management plans. These plans required alternative land management options to be presented, each of which have potential resource outputs (timber, range, mining, recreation) as well as socio-economic effects on local communities. The Forest Service, in cooperation with the Federal Emergency Management Agency (FEMA)], contributed considerable resources to the creation of FORPLAN (a linear programming model used to estimate the land management resource outputs) and IMPLAN to estimate the economic effects of these outputs on local communities.
In 1988, the Agricultural Economics Department of the University of Minnesota decided to offer IMPLAN software, data, and technical support to non-Forest Service users. Soon it became clear there was a need for database development to work in conjunction with the Forest Service software, so in 1993 Minnesota IMPLAN Group was formed with a focus on database development and data compilations that were compatible with the Forest Service’s version of the software. Then in 1995, MIG decided to update and improve the IMPLAN software to make it more functional and accessible to a wider range of users. This new version used a novel modeling system based on the creation of a Social Accounting Matrix (SAM) – an extension of the input-output accounts, and resulting SAM Multipliers. IMPLAN Pro 2.0 became available in May 1999, and IMPLAN Version 3.0 was released on November 3, 2009. IMPLAN V3 makes it possible to include Trade Flows in an economic impact analysis as well as taking advantage of current programming to become more user friendly.
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