Navigating REMI: Review of User Interface Pam Perlich URBPL 5/6020

Examine the Baseline Close the “REMI Start-up Options” Dialogue Box Click on “Standard Regional Control” Select “Results” tab of the “Standard Regional Control”

Close this dialogue box

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Commuting Information

Extreme hint for Project 5

Dev Sight Displays Data

New Regional Simulation On the file menu, select “New Regional Simulations” Go through each of the 4 tabs and make selections  Forecast selection  Policy variable selection  Policy variable values  Run Options

Creating Inputs Each input is specific to a variable and year If the “shock” is permanent, it must be entered in each year for the variable Otherwise, you have a one year shock that is gone in subsequent years.

Firm vs. Industry (Sales or Employment) Firm allows displacement due to competition in the local and nearby markets and the US market. In other words, "crowding out" effects may arise. Industry does not account for any "crowding out" effects. Industry is equivalent to increasing exports to rest of world, and therefore does not compete with the nation or with the particular region. Both firm and industry apply to sales or employment shocks. Source: REMI FAQ:

Firm vs. Industry Shocks Instead of comparing the effects of the two, determine which is the more relevant policy variable for your situation. Use firm employment if the job loss/gain will be at least partially offset by rivals or new market entrants (e.g., service sectors). Use industry employment if the job loss/gain probably will not be offset  This will be the case if the demand is more national or international than local (e.g., manufacturing). Source: REMI FAQ:

Firm vs. Industry Shocks If a portion of the increase will  be subject to competition  but a portion will be impervious to crowding-out effects Create a "hybrid" simulation in which a portion of the employment is entered as firm and a portion as industry.

Sales vs. Demand Variables As a general rule, choose sales vs. demand based on whether the incremental output is to be produced  exclusively by local industry  or by some combination of firms internal and external to the region.

Sales vs. Demand Variables, cont. If all new output will be generated by that region's industry, increase Industry Sales or Firm Sales. But if the output will be provided by a combination of internal and external producers, based on the Trade Shares accessible through the Options menu, increase Exogenous Final Demand. Using demand variables is preferable when you don't know the source of the increased output.

Interpretation of Output All outputs are impacts When you create a regional simulation, you are creating an alternative projection The model outputs are the differences between your alternative scenario projection and the baseline projection into the future