Augusta, Maine – November 10, 2011

Augusta, Maine

November 10, 2011
“Fostering Job Creation: Economic Development and Fiscal Analysis in a Lagging Economy”
Presented by Christopher Brown, Senior Economic Associate, REMI

The Senator Inn
284 Western Avenue
Augusta, ME 04330
(207) 622-5804

The seminar topics will include:

    • Strategies for Investigation of Economic Development Initiatives in Post-Industrial Labor Markets using REMI PI+
          This is a comprehensive introduction to the REMI family of models. Our standard model, PI


          , in particular, evaluates economic development programs and job creation. What does industrial development do to the labor market? Alternatively, how does a new research cluster influence job creation and economic performance? PI


         provides the answers to these types of questions for the regional, state, and national perspectives.

    • REMI TranSight: Infrastructure Spending, Transportation, and the Economy
        It’s easy to estimate job creation from a construction project—however, what will happen after the orange cones disappear? Is your region or the nation more competitive for jobs in a tight labor market? This presentation describes how TranSight and its complete integration with travel demand evaluate the impacts of transportation on the economy, including from grants, highway reauthorization, and jobs legislation.

    • REMI Metro-PI: MPO-, County-, and TAZ-level Economic and Demographic Analysis and Forecasting
        Here we proudly introduce REMI Metro-PI: what planning is all about. Using this model, planners envision the future and make it happen (down to the TAZ-level). Bringing together land-use, GIS, household demography, price forecasting, and local development, Metro-PI offers insight into population growth and the regional economy.

    • REMI Tax-PI: Government Revenue/Expenditure Forecasting, Tax Policy Analysis, and Fiscal Impact Modeling
        All levels of government face a dual crisis—fiscal and economic. See how Tax-PI informs policymakers by demonstration the economic consequences of taxes and spending on growth and employment. Additionally, Tax-PI predicts how decisions (such as adding hospitals or schools to a region) change revenue and expenditure needs.

    • Multiregional Macroeconomic Framework for Analyzing Energy Policy
        This presentation outlines the results of a REMI white paper on the regional, state, and national implications of a state’s renewable portfolio standard (RPS). This case study focuses on Missouri, but it draws general conclusions on energy policy’s impacts on jobs, development, production, income, costs of living, and the environment.

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

At REMI, our goal is to improve public policy. The information presented at this seminar will enable you to make more detailed and efficient forecasts about the economic effects of policy changes. There is no charge to attend this event; however, space is limited and advanced registration is required.