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The report critiques a number of operational multiregional and single region input-output models for application to the impact analysis of the completed McClellan-Kerr Arkansas River Multiple Purpose Project. The use of a modified revision of the Harvard Univ. Multi-region Input-Output Model completed for the Economic Development Administration is recommended.
This report is one of a series examining the impacts of the completed McClellan-Kerr Arkansas River Navigation System. The primary objective of this contract study was to apply the Interregional Input-Output Model of the United States, developed for the Economic Development Adminstration by Harvard University to the assessment of the impacts of constructing the McClellan-Kerr project. The model will also be used to asses the economic and spatial impacts of recreation and navigation among other project outputs. The gross direct and indirect construction impact of the project was estimated by the Interregional Input-Output Model to the $6.4 billion in output and $2.1 billion in household income in 1963 dollars. Of this amount, apparently 35.8 percent of the output and 52 percent of the income are estimated to be shared by the project region. This assessment is based on essentially short-term construction impacts and does not represent net increments of national income. Other more enduring benefits and costs will be obtained through the functional outputs of the McClellan-Kerr Arkansas River Navigation System---transportation, flood control, water supply electric power, sediment control and channel stabilization, recreation and fish and wildlife enhancement. (Author).