OCR Text |
Show represent the sector coefficients ( or sets of coefficients) given in column 2 ( converted to billion gallon units) of Table 4. By reading along one function - - for example the median industrial sector, Sector 15 ( Printing and Publishing) -- we associate an increase of 2,000 in total state- wide employment, with a statewide increase in total water intake of about 2 billion gallons of water. The initial amount of additional water intake allocated to Sector 15 can be found by dividing 2 billion by the water multiplier for Sector 15, given in Table 3. By running across the graph at the 2,000 man- year level, we read the various increases in total state- wide water intake required, depending upon which sector gets the initial allocation ( or begins the propagation). In other words, if Sector 15 initiates the effects, about 2 billion additional gallons of water intake are required. If any one of Sectors 7, 16, or 23 initiates the effects, roughly 6 billion additional gallons of water intake will be required to generate an increase in employment equal to 2,000 man- years. For Sector 28, the added water intake requirement would be roughly 12 billion gallons. We can also read the chart in reverse ( vertically). If the additional statewide water intake available is 2 billion gallons, and we expect Sector 1 to begin the expansionary effects, then, initially, we would allocate to Sector 1 an additional amount of water intake equal to 2 billion divided by Sector l's water intake multiplier. Reading up the chart at the 2 billion line, we see that the total employment value of this decision is quite small relative to that for Sector 16 ( about 625 additional man- years) or to that for Sector 15 ( a little more than 2,000 additional man- years). Again, note that the other economic determinants of growth must also be forthcoming. 33 |