Occupational employment sensitivity to shifting patterns of federal expenditures |
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Authors: | Roger H Bezdek |
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Institution: | Bureau of Economic Analysis, U.S. Department of Commerce, Washington D.C. 20230 USA |
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Abstract: | This paper presents the results obtained from computer simulations conducted to determine the sensitivity of occupational employment demands to shifting patterns of Federal expenditures. The general model utilized is described and the effects of four hypothesized shifts in national priorities upon U.S. manpower requirements in the early 1960's are estimated. Selected occupations are classified and ranked according to their sensitivity to changing patterns of resource allocation between military and civilian activities. From these findings implications for economic and manpower forecasting are derived and discussed. |
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