
The Value of REMI. The REMI* Model is the leading dynamic, structural economic simulation model available in the US, and staff of EDR Group are the nation's most experienced consultants in its use. The REMI Model can be customized for any county, region or state, and used to forecast long-term changes over a 30-year period as a consequence of changes in product and service technologies, transportation, tax, energy, environmental and workforce policies, programs, regulations and investment initiatives.
Need for REMI Consulting. The REMI model software is very user friendly and flexible, providing users with a wide array of possible choices. Of course, users must select and define appropriate inputs with a sufficient understanding of both the policy-project topic, the region of impact to be modeled and interpretation of applicable REMI model variables and results. This is where EDR Group has assisted many consultants and client organizations.
The staff of EDR Group possess a depth of expertise, unparalleled in the US consulting market in regional economic simulation applications using the REMI model. Lisa Petraglia has ten years experience with the model, formerly serving for 8 years as head of client consulting at Regional Economic Models, Inc. (REMI). Glen Weisbrod has worked continually with the REMI model for fifteen years and has been a frequent speaker at REMI seminars. Teresa Lynch has also worked with the REMI model for ten years. Together they provide unexcelled experience in creating & interpreting dynamic regional forecasts for evaluating economic and demographic impacts of new policies and projects.
What We Can Accomplish: We provide four services for consultants, public agencies and private clients:
(1) Advice on framing analysis questions, defining model specifications, and interpreting the results
(2) Ongoing support and training in use and interpretation of REMI models
(3) Full analysis studies using the REMI model, including reports on findings
(4) Integration of REMI model inputs and outputs with other models (transportation and energy fields)
From our experience, we first frame the analysis with the correct base conditions and then translate project or policy specific information into a meaningful set of model drivers. Our knowledge of the structural basis of the REMI model, together with our hands-on consulting experience in real-world applications issues and topics, ensures a robust and appropriate analysis that stands up to scrutiny.
Our Experience Using the REMI Model:
California -- impacts of high speed rail, utility merger, regional transit plan
Connecticut -- impacts of proposed new casino
Florida -- impacts of building moratorium
Illinois -- impacts of urban renewal, railroad/industry location and traffic scenarios
Indiana -- impacts of highway, tourism and business attraction
Iowa -- wind and biomass power, energy conservation and pricing
Kentucky -- impacts of highway, tourism and business attraction
Louisiana -- impacts of bridge, highway, tourism and business attraction
Maine -- impacts of proposed civic / convention center
Massachusetts -- impacts of highway, Clean Air Act, and Boston harbor cleanup project
New York State -- impacts of army base, economic diversification, health regulations
Pennsylvania -- impacts of transit system and highway improvements
Vermont -- impact of state aviation scenarios
Wisconsin -- impacts of energy policies and highways
* REMI is a trademark of Regional Economic Models, Inc.