News and Events
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 (https://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)
Alward Institute's Regional Economist David Kay, was invited by Invest In the USA (IIUSA®) to give a presentation, along with IIUSA Executive Director Peter Joseph, at the IIUSA's 8th Annual EB-5 Advocacy Conference. The conference was held in Washington, DC on April 12-14, 2015 and was dedicated to "Bring Industry Together for a Week of Advocacy, Education & Networking."
If you would like more information regarding David Kay's presentation, please click on the following link.
To view the interactive EB5 map created by David Kay and the Alward Institute, please click on the following link:
The NABE Economic Policy Conference, organized by the National Association for Business Economics (NABE) was held March 8-10, 2015 at the Capital Hilton in Washington, DC. The Alward Institute was honored to serve as a conference sponsor of the event.
One particular area of discussion covered at the conference is the challenges currently facing global policy makers and business leaders, as the focus continues to shift from responding to immediate crises to tackling longer-term, structural issues.
Dr. Greg Alward was invited to serve on a panel and gave a presentation on "Cheap Oil". Dr. Alward and Linda Schick, of the Alward Institute attended the conference.
As the primary economic development organization for the greater Fort Lauderdale/Broward County area, the Greater Fort Lauderdale Alliance focuses on creating, attracting, expanding and retaining high-wage jobs and capital investment in high value targeted industries, developing more vibrant communities, and improving the quality of life for our area’s citizens. They provide leadership and excellence in delivering economic development services for their clients, prospective clients, investors and partners. The Four Foundations of their economic development services are:
• Marketing and Promoting Broward County
• Managing Expansion, Relocation and Retention Projects
• Conducting and Providing Market Research & Business Intelligence
• Securing and Enhancing Private/Public Leadership & Investment.
In an effort to stay cutting edge on their economic research and development, Greater Fort Lauderdale Alliance contacted the Alward Institute for a comprehensive overview of IMPLAN and a consultation to learn new and innovative economic analysis techniques to provide the best possible service to the Alliance’s members, and to contribute to the economic success of business as a whole in Broward County.
The Alward Institute worked on a specific consultation project requirement with the Alliance and followed it up with Dr. Greg Alward and David Kay visiting the beautiful downtown Fort Lauderdale office on March 17-18, 2015. While on location, they conducted a special class on the latest technologies and training available and designed exclusively for the Great Fort Lauderdale Alliance’s requirements.
Economic Impacts of the U.S. EB-5 Immigration Program (2010-2012)
Presented by: David Kay, Regional Economist, Alward Institute for Collaboration
February 18, 2015; Charlotte Economics Club, Charlotte, NC
The EB-5 immigration program is a federal immigration path that allows foreign investors to make targeted investments in the U.S. economy in exchange for an opportunity to apply for permanent residency. In recent years participation rates have increased dramatically, and in 2014 the program hit its annual visa allocation limit for the first time. Because of this growth there has been renewed interest in understanding the economic impacts associated with this program. Using the IMPLAN input-output modeling system, we estimate economic impacts associated with the EB-5 immigration program across all 50 states and 435 congressional districts. From 2010-2012 we estimate that spending associated with the program supported over 76,000 U.S. jobs and contributed over $6 billion to the U.S. economy.
Follow this link for David Kay's presentation: Slide Presentation: Economic Impacts of U.S. EB-5 Immigration Program
Dr. Carole Engle and colleagues at the University of Arkansas, Pine Bluff, invited the Alward Institute to provide a training workshop and overview of Technical Techniques of Economic Research and Analysis.
The workshop was held on April 2-3, 2015 in Pine Bluff, Arkansas and taught by Dr. Greg Alward and David Kay of the Alward Institute. This workshop was specifically designed by the Alward Institute to demonstrate how to enhance the economic impact studies and research regarding aquaculture and fisheries studies at the University of Arkansas, Pine Bluff.
The Alward Institute accepted an invitation by Iowa State University, Extension and Outreach, to develop a training program specifically designed for their needs. The onsite specialized training which took place at Iowa State University in Ames, Iowa on March 26-27, 2015 showcased methods on how to use IMPLAN data for analytical and economic impacts.
This training was specifically developed for and presented to Dr. Abigail Gaffey and her colleagues at Iowa State University, Extension and Outreach.
Dr. Greg Alward and David Kay of the Alward Institute designed the training to meet the needs for research and development areas that Dr. Gaffey and her colleagues utilize.
University of Verona in Verona, Italy; January 17-24, 2015
The Alward Institute staffers Greg Alward, Stephen Cooke, and David Kay were invited to the University of Verona in Verona, Italy for collaboration to showcase building technical capacity and conducting regional economic analysis for various Italian provinces.
Photos are of Greg Alward and David Kay demonstrating various methods and techniques to Dr. Federico Perali’s students and our Italian colleagues.
The 22nd International Input-Output Conference (IIOA Conference) was held in Lisbon, Portugal from July 14-18, 2014.
Dr. Stephen Cooke from the Alward Institute presented two papers at the event; one titled "Input-Output Analysis for Policy Making Topic Selection" and the second was "Using Gross and Base Measures of Output to Explore the Relationship between Export Expansion and Import."
To view a complete list of the 397 abstracts and 171 full papers of this conference, please click on the following link: