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The REMI Economic-Demographic Forecasting and Simulation Model

George I. Treyz, Dan Rickman and Gang Shao
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George I. Treyz: Department of Economics, University of Massachusetts, Amherst, Massachusetts 01003 USA
Gang Shao: Regional Economic Models, Inc. (REMI), 306 Lincoln Avenue, Amherst, Massachusetts 01002 USA

International Regional Science Review, 1991, vol. 14, issue 3, 221-253

Abstract: This article presents the Regional Economic Models, Inc. (REMI) Economic-Demographic Forecasting and Simulation (EDFS) model, which is used for regional forecasting and policy simulation in both the private and public sectors in the United States. The detailed structure of the model is presented. To illustrate the dynamic simulation properties of the model, results of two sample simulations for a REMI multi-area model of a region in Southern California are presented. Post-sample historical forecasts for all U.S. states are provided to evaluate the forecasting capabilities of the model.

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:sae:inrsre:v:14:y:1991:i:3:p:221-253

DOI: 10.1177/016001769201400301

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