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

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

Page 1: Navigating REMI: Review of User Interface Pam Perlich URBPL 5/6020.

Navigating REMI:Review of User Interface

Pam Perlich

URBPL 5/6020

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Examine the Baseline

Close the “REMI Start-up Options” Dialogue Box

Click on “Standard Regional Control” Select “Results” tab of the “Standard

Regional Control”

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Close this dialogue box

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Click on this

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Click on this

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Click on this

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Commuting Information

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Extreme hint for Project 5

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Dev Sight

Displays Data

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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

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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.

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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: http://www.remi.com/support/faq3.html#1

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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: http://www.remi.com/support/faq3.html#1

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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.

http://www.remi.com/support/faq3.html#1

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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.

http://www.remi.com/support/faq3.html#2

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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.

http://www.remi.com/support/faq3.html#2

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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