January 17, 1986

Using A Multi-Regional Forecasting and Simulation Model to Estimate the Effects of the Military Buildup From 1981-1985 on State Economies



The essentials of a multi-area forecasting and simulation model are displayed in this paper using the example of U.S. military buildup from the year 1981-1985. The REMI multi-regional model identified that this scale of military buildup had important differential effects on major regions’ and states’ economies during the five-year period of 1981-1985. Those differential effects are pivotal for being able to appropriately measure what economic and employment conditions to expect for the civilian and military populations of a given region.

REMI – Using a Multi-Regional Forecasting and Simulation Model to Estimate the Effects of Military Build-up from 1981-1985 on State Economies [full PDF]