News and Events
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.
- 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
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:
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.
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:
From economic development to government and private industry collaboration, the 2015 Association for University Business and Economic Research (AUBER) National conference showcased how the “Magic” of applied research can impact regional and state economies.
University researchers from across the United States convened to talk about regional economic development and public/private partnerships. The conference examined the current applied research approaches in regional economic development. This year’s conference highlighted innovative collaborations between government and private industry professionals and identified the role they play in developing social infrastructure, healthcare, transportation, higher education, environment, and real estate.
The Alward Institute for Collaborative Science presented Research Partnership Opportunities Using Social Accounting Matrices. On October 12, 2015 Dr. Greg Alward and David Kay in their presentation highlighted some of the Alward Institute’s recent research projects, discussed the current research agenda, and engaged the AUBER community in a discussion of potential collaborative opportunities using a time series of regional social accounting matrices for all US Counties. Additionally, on Saturday, October 10, 2015 the Alward Institute for Collaborative Science, with sponsorship by IMPLAN Group, LLC conducted a three hour IMPLAN training and workshop.
David Kay and Greg Alward
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.
The objective of the International Input-Output Association (IIOA) is the advancement of knowledge in the field of input-output analysis, including improvements in basic data, theoretical insights and modeling, and applications, both traditional and novel, of input-output techniques. This includes the use of input-output techniques in such areas as energy, environment, international trade, financial flows, as well as price and general equilibrium analysis. The IIOA fosters the exchange of ideas and communication among regional and specialized input-output associations, cooperating with scholars in other fields and establishing contacts with enterprises, governments and international organizations interested in the use of multi-sectoral, multi-regional and multi-national modeling.
The School of Economics of the National Autonomous University of Mexico (UNAM) and the International Input-Output Association (IIOA) held the 23rd International Input-Output Conference in June 23-26, 2015 at the UNAM in Mexico City. The Alward Institute for Collaborative Science was selected to present two papers at this prestigious conference.
Greg Alward and David Kay presented an "Advanced IMPLAN Specialized Training" with newly developed area specific technology & methodology to Mississippi State University (MSU) staff on June 3-4, 2015 in Starkville, Mississippi.
On Wednesday, May 27, 2015, Dr. Greg Alward represented both the Alward Institute and the IMPLAN group at the MCRSA Executive Committee meeting. David Kay also attended the Executive Committee meeting as a representative of the Alward Institute.
The following items were presented by Alward Institute staff at the MCRSA, May 2015:
PLENARY SESSION; May 28, 2015:
Opportunities for Research Partnerships
Gregory S. Alward, David Kay, Stephen Cooke, Linda Schick; Alward Institute for Collaborative Science.
This session discussed the creation and mission of the Alward Institute for Collaborative Science, presented the current research agenda and review progress to date, and invited the MCRSA community to collaborate with the Alward Institute on joint research projects.
In December 2014 the core Resarch & Development team within the IMPLAN Group, LLC left the company to create an independent organization, known as the Alward Institute for Collaborative Science (http://www.AlwardInstitute.org ). This 501(c)(3) non‐profit corporation builds collaborative partnerships to discover innovative uses for a time series (1990 – present) of regional Social Accounting Matrices (SAMs) for all US counties. Our current research agenda includes:
- Assembling the Tapestry Social Accounting Matrix (SAM) Database and interregional SAMs for all US counties for 1990 – present;
- Assembling the Tapestry Modeling and Applications Database interregional Leontief‐type I/O multiplier models, marginal Leontief‐type I/O multiplier models, and canonical CGE models for all US counties for 1990 – 2013;
- Developing a virtual online Research Analytics and Visualization Laboratory for research partners to interact with the Tapestry databases;
- Extending Tapestry’s SAM framework to include wealth, capital and workforce Knowledge/Skills/Abilities satellite accounts;
- Developing Structural Path Analysis applications for identifying new markets for agricultural and forestry products;
- Adding SAMs and Applications for non‐US countries and regions (particularly in Europe and Canada) to Tapestry;
- Hosting workshops and training in using Tapestry to investigate economic development topics such as identifying regional competitive advantages for export expansion and import substitution strategies, integrating transportation infrastructure planning with endogenous economic growth analysis, monitoring the economic consequences of natural hazard events, and evaluating economic contribution and diversity.
The Alward Institute’s research and education missions are supported entirely by charitable donations, collaborative research grants and contract research studies. We are actively seeking University, government and non‐profit research partners and collaborators to expand our current research and education agendas.
ECONOMETRIC TECHNIQUES, Session 6:
- Techniques for Identifying Important I‐O Coefficients and Sectors ‐ Michigan Forest
- Products Sectors: Comparative Gross and Base Value Added and Structural Path Analys
Alward Institute for Collaborative Science:
ECONOMIC DEVELOPMENT: FOOD, WINE, AND GREEN FIELDS, Session 15:
Estimating the Value of Local Food Markets in the State of Wisconsin
Alward Institute for Collaborative Science:
University of Idaho:
- Philip Watson (non‐attending)
University of Wisconsin-Madison
- Alfonso Morales (non‐attending)