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September 2022 - International conflicts create complex economic shockwaves that extend far beyond the front lines. This webinar demonstrates how to conduct a net analysis of a major geopolitical event, modeling the initial economic ripple effects of the Russian invasion of Ukraine on the U.S. economy. Join IMPLAN's Dr. Candi Clouse for a detailed case study on analyzing the economic impacts of international unrest. Learn how to use a Multi-Regional Input-Output (MRIO) model to trace the effects across all 50 states and D.C. The analysis models two sides of the issue: the negative impact of U.S. export bans on Russia and the positive impact of increased military aid to Ukraine. Discover why a nearly dollar-for-dollar trade-off at the direct level can still result in a net negative impact overall and identify which states emerged as economic winners and losers. TIMESTAMPS / CHAPTERS: 0:00 - Introduction 5:30 - A Brief History of Input-Output Analysis and War 7:45 - Methodology: Net Analysis & Multi-Regional Input-Output (MRIO) 10:45 - Side 1: The Losses - U.S. Export Bans to Russia 15:00 - Side 2: The Gains - Increased Military Exports to Ukraine 17:45 - Setting Up the 51-Region MRIO Model in IMPLAN 20:00 - Analyzing the Net Economic Impact Results 22:30 - Identifying the Regional Winners and Losers by State 25:45 - Understanding the Multipliers 27:15 - Live Demonstration of the Project and Results 31:00 - Policy Implications 34:00 - Live Q&A Session WHAT YOU'LL LEARN: A methodology for conducting a net analysis to model both the positive and negative sides of a complex economic event. How to use a Multi-Regional Input-Output (MRIO) model to analyze supply chain effects across an entire country. How to use public data sources (e.g., U.S. Census export data) to inform the inputs for your impact analysis. How a shift in production and trade, even with similar top-line dollar values, can create distinct regional winners and losers. A real-world example of how input-output analysis can be applied to major geopolitical events. ABOUT IMPLAN: IMPLAN provides the most trusted economic impact analysis software and insights in the U.S. Our platform allows economists, planners, and analysts to quantify the entire economic impact of any project or policy in minutes. Learn more about IMPLAN: https://implan.com/ Request a Demo: https://implan.com/demo-request/ Subscribe for more expert insights: / @implancloud #IMPLAN #EconomicImpact #NetAnalysis #Geopolitics #SupplyChain