Economic Footprint

Eco­no­mic Im­pact Ana­ly­ses

The economic importance of a company or industry can be seen from various key figures. Indicators such as sales, EBITDA, number of employees or stock value are established and important measures, but they do not reflect the contribution of companies and industries to the prosperity of an economy.

In order to determine this contribution of a company or industry, we compile macroeconomic indicators according to official guidelines, which allow for high comparability with other players and political objectives. We quantify, among other things, the concrete contributions of companies to Gross Domestic Product (GDP), expressed in terms of gross value added (GVA), and the economic effects of corporate activity in national, European and global supply chains.

The basis of our analyses are existing business figures. We transform these into macroeconomic indicators according to the concept of national accounts. Using an input-output analysis, we quantify the direct and economic impact of a business as well as the indirect and induced effects (spillover effects) that show the company’s effects along the supply chain.

Since we generate the indicators in line with the calculation methodology of gross domestic product (GDP) and use only official data and statistics, the economic impact analysis has a high degree of comparability and significance. For example, our analyses allow for direct comparison with various United Nations Sustainable Development Goals (SDGs), including SDG 8: Humane Work and Economic Growth.

The advantages at a glance: A particular benefit of our economic impact analysis is the manifold insights into the structures of our own value chain and the economic effects that are triggered by our own economic activity throughout the world. In this way, impact analysis helps to identify opportunities and risks.

 

 

Dr. Richard Scholz

Senior Researcher

Forschungsschwerpunkt Nachhaltigkeit, Sozialpolitik, Wertschöpfung, Innovation&Forschung&Entwicklung

+49 30 232566 6-56
richard.scholz@wifor.com