Phil Watson, Chair of the Alward Institute Scientific Advisory Council, presented and discussed new ideas on Urban and Rural Economic Impacts of COVID-19.

Greg Alward CEO and Chair of the Board of Directors of the Alward Institute presented and discussed new ideas, new methodology, multiple resources being developed, and tools that have been successfully developed and tested at the University of Idaho and the Alward Institute. It stimulated great interest and discussion.

AuberPictured are Greg Alward CEO and Chair of the Board of Directors of the Alward Institute and Juliette Tennert Director of Economic and Public Policy Research at The Kem C. Gardner Policy Institute specializing in Utah’s economy, economic forecasting and modeling, fiscal policy analysis, and economic impact studies. Ms. Tennert oversees a staff of economists and analysts who study the Utah economy and public policy issues that impact the state.

 

 

Greg Alward, Alward Institute for Collaborative Science & Garth Taylor, University of Idaho presented:MCRSA
Current Research Agenda for Tapestry, an Open‐Access Multi‐Regional Social Accounting System
Philip Watson, University of Idaho (not present)

Greg Alward, Alward Institute for Collaborative Science & Garth Taylor, University of Idaho presented:
A Protocol for Evaluating Multi‐Sector Economic Contributions Using Input‐Output Models
Philip Watson, University of Idaho (not present)
Raju Pokharel, University of Idaho (not present

Greg Alward, Alward Institute and John Leatherman, Kansas State University at 2019 MCRSA Conference

David Kay and John Leatherman John Leatherman presenting David Kay, representing Alward Institute & Wells Fargo Bank,  with the   MCRSA Leadership Award.  David served as the President this past year. 

WFE Greg Alward University of Idaho & Alward Institute, John Loomis Colorado State University, and Garth   Taylor University of Idaho.

Phil Watson SRSA

Philip Watson, represented the University of Idaho and the Alward Institute for Collaborative Science, at the 58th annual Southern Regional Science Association (SRSA) meeting in Arlington, VA.  Phil presented a paper on a new way of investigating why regional wage discrepancies arise. While there are countless reasons for why average wages vary by region, a fundamental deductive distinction can be made between regions that are concentrated in higher than average paying sectors (i.e. an above average paying industry mix) and regions that pay above the national average wages for their respective industry mix. Therefore, two disparate regions may have the same average wage for two very different reasons; region 1 may have a relatively low paying industry mix, but they pay above average wages for those relatively low paying sectors and region 2 may have an industry mix that is concentrated in relatively high paying sectors, however those sectors in the region pay below the national average for the respective sector. Even though the two hypothetical regions may have the same overall average wage, the underlying structure of the region’s economies are likely very different. Similarly, a region’s low average wage could arise from these two very disparate structural problems to varying degrees. Furthermore, the policy prescriptions for the economic development of a given region are likely very different for regions which possess a relatively low paying industry mix than for region’s with a relatively high paying mix of industries, but for which the wages paid in the region are below national average wages for that region.

Auber Photo  Auber- Advances in Economic Impact Analysis session was chaired by Greg Alward representing the
  Alward Institute and University of Idaho – Greg presented Estimating Sales Tax Impacts with Input-     
  Output Models
 and Building Open Source Regional Social Accounting.  Stanislaw Rzeznik represented
  the United States Bureau of Economic Analysis (BEA) and presented BEA’s RIMSII Regionalization   
  Methods.   

  Greg is pictured here at the 2018 AUBER conference with Dr.Brian Lewandowski who represented the     
  University of Colorado. 
Brian serves on the Alward Institute Scientific Advisory Council and the AUBER         
  Board of Directors.