Impact of Construction on Economy and Impact of Increased Exports of Oil and Minerals Essay

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The criteria or tasks :
Use also the excel file which is attached with the document and Fill out the chart page 9 in word file
Tasks to be completed
The tasks to be completed are listed below. The computations should use the enclosed Input-Output Tables representing the National Accounts of San Miguel.
Task One: Impact of Construction on Economy
Identify the impact of the construction of the project in the development plan on the economy in terms of increase in output, income, jobs created and imports. This should be computed using the Input-Output Tables provided.
This should be carried out for each of the fives years of the construction works. Make appropriate assumptions about the spread of the spending over the five years of the development plan.
Task Two: Impact of Increased Exports of Oil and Minerals
You may assume that the improved infrastructure will cut transportation and costs and stimulate exports of oil and minerals. The increase in oil exports to the Rest of the World (RoW) is expected to be 10% while mineral export to the Rest of the World (RoW) should increase by around 15%.
The implications on output, income and employment should be calculated using the Input-Output Tables. Also compute the impact of the above on balance of trade. The exports will be computed directly while the imports can be obtained using the Input-Output Tables.
Task Three: Impact of Increased Tourism
The implications of an assumed 25% increase in Tourism from the RoW should be computed. This should cover output, income, and jobs created. As in the case above, the implications on Balance of Trade should be estimated. The direct effects on output can be taken as the exports while the imports should be computed using the Input-Output Tables.
4.4: Summary
The results should be summarized over the five years of the development plan (2011–2013) and into the first two years of operation (2017–2018).

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