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Southwest Virginia Health Care Sector Economic Impact Analysis

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Abstract

This study describes the contribution of the health care sector to the regional and local economies in Southwest Virginia (SWVA). The study uses an input-output model to identify the backward linkages from the health care sector to the overall economy. It provides information on how the health care sector affects employment and labor income in the region as a whole and in each of the seven localities in SWVA, including the counties of Buchanan, Dickenson, Lee, Russell, Scott, Tazewell, and Wise and the City of Norton. It also provides estimates of the impact of each component of the health care sector on regional and local economies. The results of the analysis provide a snapshot of the economic impact of the health care sector and serve as a baseline for future work on the economic impact of potential changes in the region.

Suggested Citation

  • Tanya Wanchek, 2009. "Southwest Virginia Health Care Sector Economic Impact Analysis," Reports 2009-01, Center for Economic and Policy Studies.
    • Handle: RePEc:vac:report:rpt09-01
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    File URL: http://econ.ccps.virginia.edu/RePEc_docs/ceps_docs/SWVAImpactStudy6_17_09.doc
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    More about this item

    Keywords

    Impact study; health sector;

    JEL classification:

    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • R34 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Input Demand Analysis

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