REMI Structure

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The Structure of the REMI - Model: 

The Structure of the REMI - Model

REMI Model Structure: 

REMI Model Structure

Slide3: 

8. Commodity Access Index 10. Change in Local Supply (1) Output Block 1. Real Disposable Income 2. Consumption 3. International Exports 5. State and Local Government Spending 4. Investment 9. Intermediate Input Productivity 6. Output 7. Intermediate Inputs

Slide4: 

8. Commodity Access Index 10. Change in Local Supply (1) Output Block 1. Real Disposable Income 2. Consumption 3. International Exports 5. State and Local Government Spending 4. Investment 9. Intermediate Input Productivity 6. Output 7. Intermediate Inputs

Slide5: 

8. Actual Capital Stock 3. Occupation Employment 1. Labor Productivity 5. Labor Substitution Effect for Capital 9. Gap between Actual and Optimal Stock 11. Government Employment 7. Optimal Non-Residential Capital Stock 4. Labor Access Index by Occupation and Industry 6. Capital Intensity (2) Labor & Capital Demand 10. Optimal Residential Capital Stock 2. Industry Employment

Slide6: 

8. Actual Capital Stock 3. Occupation Employment 1. Labor Productivity 5. Labor Substitution Effect for Capital 9. Gap between Actual and Optimal Stock 11. Government Employment 7. Optimal Non-Residential Capital Stock 4. Labor Access Index by Occupation and Industry 6. Capital Intensity (2) Labor & Capital Demand 10. Optimal Residential Capital Stock 2. Industry Employment

Slide7: 

(3) Population Labor Supply 1. Economic Migration 5. Participation Rate 4. The Employment to Potential Labor Force 3. Potential Labor Force 2. Population 6. Labor Force

Slide8: 

(3) Population Labor Supply 1. Economic Migration 5. Participation Rate 4. The Employment to Potential Labor Force 3. Potential Labor Force 2. Population 6. Labor Force

Slide9: 

1. Employment Opportunity E/LF 8. Housing Price 10. Real Relative Wage Rate for Migrants 9. Consumer Prices Including Housing Price 7. Real Wage Rate 6. Consumer Prices 2. Wage Rate 3. Composite Wage Rate 4. Composite Input Costs 5. Production Costs (4) Wages, Prices & Costs

Slide10: 

1. Employment Opportunity E/LF 8. Housing Price 10. Real Relative Wage Rate for Migrants 9. Consumer Prices Including Housing Price 7. Real Wage Rate 6. Consumer Prices 2. Wage Rate 3. Composite Wage Rate 4. Composite Input Costs 5. Production Costs (4) Wages, Prices & Costs

Slide11: 

(5) Market Shares 1. Share of Domestic Market 2. Share of International Exports and Imports Markets

Slide12: 

(5) Market Shares 1. Share of Domestic Market 2. Share of International Exports and Imports Markets

REMI Model Linkages (Excluding Economic Geography Linkages): 

REMI Model Linkages (Excluding Economic Geography Linkages)

REMI Model Structure: 

REMI Model Structure

ECONOMIC GEOGRAPHY LINKAGES: 

REMI Model Structure (2002 - ) Output Market Shares Labor & Capital Demand Population & Labor Supply Wages, Prices, & Costs ECONOMIC GEOGRAPHY LINKAGES

Economic Geography Linkages: 

Economic Geography Linkages

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