Indianapolis, Indiana

"Competing Vision of Economic Policy: the Analytical Approach"

Presented by Adam Fulton, Associate Economist, REMI

Date/Time
July 30, 2012
9:00 am - 3:30 pm

Location
Hilton Indianapolis Hotel & Suites
120 W. Market St
Indianapolis, IN
United States

The seminar topics will include:

• Right-to-Work: Gateway or Barrier to Economic Growth

REMI will present the economic implications of right-to-work policies. Using Indiana’s recent legislation as a test case, we will discuss a methodology for modeling changes in wage structure, government services, union dues, and household/business relocations using our PI+ model.

• Assessing the Economic Impact of the Keystone XL Pipeline

Using the REMI PI+ model, we will discuss a methodology behind an economic analysis of the Keystone XL pipeline. The proposed pipeline would impact seven states and two Canadian provinces, while indirectly affecting the price of oil in the United States.

• REMI TranSight: Transportation and the Economy

REMI TranSight, our dedicated model for analysis of transportation-related policy, brings together regional modeling with forecasting and travel demand models (TDMs). Here, we outline the methodology of the model, its integration with TDMs, and how it performs benefit-cost analysis (BCA) and economic impact analysis (EIA) on projects and financing scenarios for MPOs and state DOTs across the United States.

• Evaluating State Tax Incentives

Each year, states give out billions in tax incentives, and, according to the Pew Center on the States report, “Evidence Counts: Evaluating State Tax Incentives for Jobs and Growth,” they oftentimes do it without public accountability. Here, we will discuss how two states, Connecticut and Missouri, use REMI models to evaluate their tax incentive programs, including benefit-cost analysis and fiscal impacts in the methodology of the Tax-PI analytical tool.

• REMI Metro-PI: Sub-County Analysis and Forecasting

REMI’s most recent release, Metro-PI, provides users with a comprehensive tool for analyzing regional demography down to the TAZ level to better forecast development, transportation and environmental needs. By providing highly detailed forecasts of population, labor force, and households, Metro-PI allows users to visualize their region’s future and plan accordingly.

• The Role of Policy Analysis in Evaluating Competing Economic Visions

When it comes to job creation, economic growth, personal income, and a host of other issues, economic modeling and public policy are always interrelated. This session will cover an introduction to REMI models, our PI⁺ base model, and their application within the United States and throughout the rest of the globe.

• Hands-on Demonstration of REMI Model (please bring laptop)

If you would like to attend these seminars, you can reply to this e-mail, contact us by phone, or register online below.