Info
National, state, and local stakeholders are increasingly concerned with environmental disruption, aging infrastructure, and economic uncertainty. Mindful of these threats, resiliency analysis has become critical to the missions of federal, state, and regional agencies.
REMI Managing Economic Associate Chris Judson, Economist Keith Waters, Ph.D., and Economic Associate Jacob Linger will be hosting a seminar entitled “Planning for Disaster: Economic Resiliency Analysis” on Tuesday, September 10th from 9:00 a.m. to 12:30 p.m. in Augusta, Maine that describes how to evaluate and quantify economic resilience in the energy, transportation, and public finance sectors.
This seminar will also feature Ryan Wallace, Ph.D., Regional Economist and Director of the Maine Center for Business and Economic Research at the University of Southern Maine and the Maine EDA University Center. Dr. Wallace will be using a recent application of the REMI model in Maine as a case study for his presentation on the macroeconomic impacts of energy infrastructure projects.
Economic resilience is a vital component of resiliency analysis as it refers to an economy’s ability to withstand and appropriately respond to a disruption. A disaster tends to bring about physical damages, but citizens are typically unaware of the toll it takes on the local economy, as well as the organizations tasked with recovery efforts.
Metropolitan planning organizations and regional planning commissions prepare for disruptions caused by natural events such as hurricanes, flooding, and earthquakes. Transportation departments evaluate risks posed to critical infrastructure, such as bridges and tunnels. Budget and revenue departments forecast the eventuality of a recession and budget shortfalls.
The elevation in the awareness and frequency of disasters provides more opportunities to prepare for devastation. Whether it is lobbying for grant funding, quantifying an organization’s resilience output, or calculating the impacts of a disaster to diverse stakeholders, economic modeling can enhance regional planning strategies as we advance toward the full incorporation of resilience.
This seminar includes presentations on the impact of resilience planning, descriptions of analyses completed using REMI’s economic modeling software, and the methodological approaches implemented.
If you would like to attend this event, please email Kendell Sweeney-Thomas at Kendell.Sweeney-Thomas@wp.remi.com, contact us by phone at (413) 549-1169, or click below to register.
REGISTER FOR THIS SEMINAR
AGENDA
Tuesday, September 10th, 2019
9:00 am - 9:30 am
Coffee/Pastries/Networking
9:30 am - 10:00 am
Resiliency & Demonstrating the Value of Infrastructure Investments
Chris Judson, Managing Economic Associate, REMI
10:00 am - 10:45 am
Fiscal Resiliency Using Tax-PI
Keith Waters, Ph.D., Economist, REMI
10:45 am - 11:00 am
Networking Break
11:00 am - 11:30 am
Evaluating the Macroeconomic Impacts of Energy Infrastructure Investments in New England
Ryan Wallace, Ph.D., Regional Economist/Director, University of Southern Maine
11:30 am - 12:00 pm
REMI E3+: Resiliency Analysis of Energy/Environment/Economy
Jacob Linger, Economic Associate, REMI
12:00 pm - 12:30 pm
Lunch
For your convenience, lunch is provided free of charge
12:30 pm
Adjourn
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SPEAKERS
Ryan Wallace, Ph.D.
University of Southern Maine
Ryan Wallace is a Regional Economist and Director of the Maine Center for Business and Economic Research (CBER) at the University of Southern Maine (USM) and the Maine EDA University Center. He has led numerous studies using the REMI model, ranging from energy infrastructure projects to simulating various economic migration policies, and is an expert on regional economic development and planning. His work has been supported by the National Science Foundation (NSF), US Economic Development Administration, US Department of Agriculture, and the Maine Economic Improvement Fund, as well as numerous state, local, and private sector organizations. Dr. Wallace earned a Ph.D. from the University of Massachusetts, where he was an NSF Offshore Wind Energy IGERT Fellow and has a B.S. in finance from Bentley College.
Chris Judson
REMI
Chris Judson is a Managing Economic Associate at REMI. Mr. Judson, who joined REMI in 2011, specializes in transportation, energy, and the environment. Since arriving at REMI, Mr. Judson has consulted for a number of clients on topics including medical research, labor force economics, and natural disasters. He provides client support in selecting inputs, conducting simulations, and analyzing results, and he creates and hosts public online seminars and training presentations on a variety of modeling topics. Mr. Judson co-authored an academic journal article titled, “Decision framework for evaluating the macroeconomic risks and policy impacts of cyber attacks”. He holds a B.A. in economics from Western New England University, with a concentration in business.
Keith Waters, Ph.D.
REMI
Keith Waters, Ph.D. is an Economist at REMI. Dr. Waters has experience researching regional economic development, analyzing the geographic allocation of economic activity, and incorporating geography into an agent-based model to study firm formation’s linkages with inter-regional migration and the spatial distribution of labor within a country. Prior to joining REMI, Dr. Waters worked with organizations such as the W.E. Upjohn Institute for Employment Research, the Northwest Michigan Council of Governments, the U.S. Economics and Statistics Administration, and the U.S. Economic Development Administration compiling research and data for reports on geography, economic and community development, and economic impact studies. Since completing his education, Dr. Waters has been a teaching assistant and lecturer, speaking on subjects related to public policy, GIS and spatial analysis, regional economic development, and statistics. Dr. Waters earned his Ph.D. in Public Policy at George Mason University after receiving his master’s degree from the University of North Carolina at Charlotte in Geography and bachelor’s degrees in Economics, Geography, and Mathematics from Western Michigan University.
Jacob Linger
REMI
Jacob Linger is an Economic Associate at REMI, helping to support clients and identify uses for dynamic economic modeling. Mr. Linger has assisted with model presentations, client demonstrations, and software quality assurance. Prior to starting at REMI, Mr. Linger was a Research Assistant for the Economics department at The Ohio State University, working alongside an international team of economists tasked with updating the Census of Business Records. He also served as a Research Assistant for the University’s College of Business, an Undergraduate Economics Society member, and writer for the Undergraduate Economics Journal. Mr. Linger earned a Bachelor of Science degree in Business Administration from The Ohio State University, specializing in Economics with a minor in Mathematics.
VENUE
Senator Inn & Spa
Senator Inn & Spa
Boardroom
284 Western Avenue
Augusta, ME 04330
Parking is free.