News and Events
The 63rd Annual North American Meetings of the Regional Science Association International (NARSC) was held in Minneapolis, Minnesota on November 9-12, 2016.
Greg Alward, Erik Kvale, and David Kay (via phone) participated in the pre-conference workshop "Development of Standard Procedures for Contribution Analysis of Agriculture and Forestry."
Alward Institute Conference Presentations included:
Improving Methods for Building and Using Regional Social Accounts and Models, Thursday November 10
Organizer: Greg Alward, Alward Institute for Collaborative Science
- Developing Standard Protocols for Impact and Contribution Analyses of Agriculture, Greg Alward, Alward Institute for Collaborative Science
- Developing a Standard Protocols for Impact and Contribution Analysis of Forestry, Greg Alward, Alward Institute for Collaborative Science, David D. Kay, Alward Institute for Collaborative Science
- Practical Methods to Improve Regional SAMs, Greg Alward, Alward Institute for Collaborative Science, David D. Kay, Alward Institute for Collaborative Science
- From Ag Budgets to Input-output Accounts: Measuring the Economic Contribution of Regional Production Agriculture, David D. Kay, Alward Institute for Collaborative Science, Stephen Cooke, Alward Institute for Collaborative Science, Greg Alward, Alward Institute for Collaborative Science
Greg Alward, Alward Institute for Collaborative Science
Larry Leefers, Michigan State University
Philip Watson, University of Idaho
To learn more about NARSC, please follow the "read more" link below.
The MCRSA Annual Conference was held in Charlotte, North Carolina from June 9-11, 2016 at the Sheraton Charlotte Hotel. Dr. Greg Alward, David Kay and Dr. Stephen Cooke of the Alward Institute for Collaborative Science were presenters at this event.
Dr. Greg Alward presented the 2016 MCRSA Plenary Session "Best Available Science: Quality Assusrance Standards and Applied Regional Economics in an Era of Big Data and Big Science."
David Kay presented "From Ag Budgets to Input-Output Accounts: Measuring the Economic Contribution of Regional Production Agriculture."
Dr. Stephen Cooke presented "Induced-Effects Multiplier and Contribution Analysis: Does IMPLAN Version 3, Get it Right?"
Below are links to the formal presentations given by Dr. Greg Alward and David Kay of the Alward Institute for Collaborative Science at the MCRSA 2016 Annual Conference.
The Western Forest Economists (WFE) held their annual conference May 3-4, 2016 at the University of Washington, in Seattle, Washington.
The Western Forest Economists is a non-profit group that welcomes membership from any interested party. For the last 50 years, we have met each Spring for a two to three-day conference that focuses on forest economics. The conference is a great opportunity to discuss current research, issues, and trends. The WFE’s informal meeting format encourages discussion and interchange. WFE meetings attract economists from industry, government agencies, and universities. WFE is especially interested in encouraging students to participate.
Dr. Stephen Cooke of the Alward Institute of Science presented "The Michigan Forest Products" study and paper.
- Changing Markets for U.S. Forest Products: Identifying Competitive Advantage, Bottlenecks and Policy Prescriptions for Michigan’s Forest Products Sectors.
- Alward Institute Community Intelligence Research Laboratory
- Identifying Opportunities for Growth in Michigan’s Forest-Product Sectors
- A Method for Evaluating the Economic Contribution of a Local Food System
The Alward Institute was honored to collaborate in partnership with the University of Idaho, North Carolina State University, and the State University of New York on a recent submission regarding Critical Resiliency.
The American Journal of Agricultural Economics has accepted the Alward Institute’s latest research paper for review.
An Innovative Method for Valuing a Region's Local Food System
The Alward Institute for Collaborative Science is very excited to announce that the American Journal of Agricultural Economics has accepted our latest research paper for review: A Method for Evaluating the Economic Contribution of a Local Food System. The paper presents an innovative method for evaluating the contribution of a region’s local food system and was authored by regional economists Phil Watson, David Kay, Gregory Alward, Stephen Cooke, and Alfonso Morales.
In recent years there has been increased interest on the part of policy makers and researchers in quantifying the extent to which a region’s local food system interacts with and contributes to the regional economy. However, given the endogenous nature of local food demands, modeling the contribution that local food systems have on a regional economy has been problematic.
In this paper, we present a combined hypothetical extraction and import substitution social accounting matrix model which provides a theoretically consistent and computationally feasible method for evaluating the regional economic contribution of a local food system. Furthermore, the method we present is insensitive to definitional arguments regarding what specific transactions should be included in a local food system. Finally, using a broad definition of what constitutes a local food system, we apply this model to the state of Wisconsin and compare the economic contribution of the local food system with the economic contribution of the export food system.
Identifying Opportunities for Growth in Michigan’s Forest-Product Sectors
A Michigan Forest Products Industry Market Analysis
The 2015 Michigan Governor’s Forest Products Industry Summit was held October 28, 2015 at the Kellogg Center on the campus of Michigan State University in East Lansing. Greg Alward was honored with the request to present the Executive Summary:
Online Map to Visualize Economic Impact of Federal EB-5 Immigration Program
The Alward Institute for Collaborative Science is proud to announce the release of it’s first online GIS map. Using results from our 2012 economic impact study of the EB-5 Immigration Program, we’ve been able to visualize the impact of the federal program on all 50 states and 435 congressional districts.
According to our results, the Alward Institute of Collaborative Science estimates that spending associated with EB-5 regional center investors contributed $3.39 billion to U.S. GDP and supported over 42,000 U.S. jobs in FY2012. Likewise, spending by EB-5 investors also contributed $447 million to federal government tax revenues and $265 million to state and local government tax revenues in FY2012. These estimates include direct, indirect, and induced impacts associated with investment spending, household spending, and other immigration expenses.
To see how these impacts are distributed across states and congressional districts, please follow the link below and then click on the icon to view our 2012 EB-5 Investment Impact map:
Newly published Alward Institute & University of Idaho article: The new issue of The Journal of Regional Analysis & Policy has been posted. It is freely available at: http://www.jrap-journal.org/
Volume 45, Number 1 (2015) Regular Peer-reviewed Article: A Method for Improving Economic Contribution Studies for Regional Analysis. Philip Watson, Stephen Cooke, David Kay, and Greg Alward.