Contribution of the Automotive Industry to the Economies of All Fifty States and the United States

This report by the Center for Automotive Research outlined many known elements about the U.S. automotive industry and highlighted tremendously important associations beyond the market space of manufacturing. It analyzed specific elements as they relate to the automotive industry, including national and regional employment, research, development, innovation, state and local government revenues, foreign direct investment, education, health care, United States trade, and quality of life. The REMI model was supplied for this study in order to estimate the employment and income impacts. The report relayed that over $1.7 million people are employed by the auto industry and the industry consumed enough of other sectors’ goods and services, which contributed to a net employment impact in the U.S. economy of nearly 8 million jobs.

Center for Automotive Research – Contribution of the Automotive Industry to the Economies of All Fifty States and the United States [full PDF]

Economic Impacts of Comprehensive Climate and Energy Policy: National Climate Change Stakeholder Recommendations and U.S. Senate Proposals Would Advance Economy and Employment

This macroeconomic study by the Center for Climate Strategies used the REMI PI+ model to document the reductions in household energy prices and greenhouses gases, as well as the expansion of jobs, gross domestic product, and income expected from local, state, and federal implementation of 23 important energy, transportation, and natural resource policies. The analysis underscored the strategic benefits of comprehensive approaches to managing greenhouse gas emissions, the need for a national framework to support a balanced portfolio of actions, and the importance of stakeholder involvement in policy development and management of the economy. Locally and regionally derived policies can be translated to action in all 50 states, but require a national framework for full implementation and the full national implementation of climate and energy policies becomes hindered by adequate investment and authority at the program level.

Center for Climate Strategies – Economic Impacts of Comprehensive Climate and Energy Policy [full PDF]

Macroeconomic Impacts of Shutting Down the U.S. Borders in Response to a Security or Health Threat

There are four major economic impact factors that are immediately affected by a complete shutdown of America’s borders. The significant amount of goods imported, the important stimulus provided by our exports, the consumption by international visitors, and the number of migrant workers must all be considered to be expendable due to the security threat’s severity in order to shut down our borders entirely. With the help of the REMI Economic Simulation model, the Center for Risk and Economic Analysis of Terrorism Events found the extent of the obvious negative impacts included in a sudden year-long border closure, such as a reduction of GDP by $2.2 trillion, a decrease of about 39.4 million jobs, and a total personal income loss of $427.3 billion.

USC – Macroeconomic Impacts of Shutting Down the U.S. Borders [full PDF]

Modeling the Oil Transition: A Summary of the Proceedings of the DOE/EPA Workshop on the Economic and Environmental Implications of Global Energy Transitions

Oak Ridge National Labs put the REMI model to use in the hopes of being able to chart out the proper path to address the 5 main/great energy challenges of the 21st Century. Those challenges are: providing access to modern forms of energy for developing economies, satisfying a growing demand for energy services, making massive investments in energy R&D and deployment, ensuring the security and reliability of energy supply, and making deep reductions in carbon dioxide and all greenhouse gases. Most of the world’s energy needs are currently supplied by fossil fuels, which will need to be remedied as soon as possible.

Oak Ridge National Labs – Modeling the Oil Transition [full PDF]

Understanding the Impact: Closing Naval Air Station Brunswick

The REMI Policy Insight model helped the Maine State Planning Office assess the ripple effects of a naval air base shut down on the region around Naval Air Station Brunswick. Modest, but steady economic and population growth happens if the state leaves the air station open for business, while a base closure will result in the relocation of around 2,700 active-duty military positions and roughly 700 civilian jobs. State output stands to drop by $370 million to $390 million if the base closes, which actually corresponds to less than 1% of forecasted Maine Gross State Product.

Maine State Planning Office – Closing Base at Fort Brunswick [full PDF]