This paper describes the REMI Policy Insight model, the leading regional economic forecasting and policy analysis model. Over one hundred institutes, universities, government agencies and other organisations use custom-built REMI model specified to states, counties, cities, and other regions. These model users are located primarily in the US, but also include organisations using or planning to use models for regions in Belgium, France, Germany, Italy, the Netherlands, Spain, and the United Kingdom.
The paper is part of a book which contains contributions from friends of Ben Stevens, remembering and celebrating his life and his work. Following his untimely death, a set of special sessions were organized for the program of the November 1998 meetings of the Regional Science Association International, held in Santa Fe, New Mexico.
This paper is part of a collection of articles by thirty-five prominent economists, regional scientists, and geographers from nine countries includes contributions from Lawrence R. Klein, Clopper Almon, Faye Duchin, Yasuhiko Torii, Peter Nijkamp, Jeffery Round, Edward Wolff, Geoffrey J.D. Hewings, and Benjamin Stevens. The book makes available for the first time recent research using Nobel Laureate Wassily Leontief's theory of input-output analysis. Topics discussed include input-output and econometric models; alternative accounting frameworks; extended models and multiplier decompositions; regional, interregional, and international issues; measurement error and data scarcity; and measurement and implications of technological change.
This paper is part of a book where distinguished contributors discuss issues including the impact and implications of European expansion as well as developments in the Asia-Pacific region. They also examine the driving forces, backgrounds, obstacles and opportunities for regions to become powerful global players.
Regional economic models are the key to predicting the effects of transportation, economic development, energy, fiscal and environmental policies. Despite this, the principal regional economic policy analysis model used throughout the United States by government agencies, universities, and the private sector has not been presented in a book until now.