Analyzing the Economic Impacts of the Coronavirus - IMPLAN Webinars скачать в хорошем качестве

Analyzing the Economic Impacts of the Coronavirus - IMPLAN Webinars

March 26, 2020 - Recorded in the immediate onset of the COVID-19 pandemic, this webinar provides a foundational framework for analyzing the economic impacts of widespread business shutdowns, shifts in consumer behavior, and government stimulus. Join IMPLAN's Chief Economist, Jenny Thorvaldson, and Technical Product Manager, Jimmy Squibb, as they demonstrate how to use input-output modeling to quantify the ripple effects of the pandemic. The session features a detailed case study of modeling restaurant shutdowns in North Carolina, using a multi-regional (MRIO) analysis to trace the spillover impacts into neighboring South Carolina. Learn the critical differences between modeling a negative impact and a contribution analysis, and see how to model the effects of stimulus checks using household income events. TIMESTAMPS / CHAPTERS: 0:00 - Introduction 1:34 - Overview of Economic Impact Modeling for COVID-19 5:30 - How to Start an Analysis (Direct Impacts) 10:15 - Case Study: Modeling Restaurant Shutdowns in North Carolina 10:58 - Setting up the Multi-Regional (MRIO) Analysis 12:43 - Analyzing the Results (Direct, Indirect, Induced) 13:42 - Important: Time-Scaling Annual Data (e.g., 3-month shutdown) 15:30 - Modeling Positive Shocks & Shifts in Household Spending (e.g., Soap) 18:45 - Q&A: Handling Retail Sector Margins 20:21 - Modeling Layoffs (Industry Employment Event) 23:59 - How to Model an Economic Stimulus (Household Income Events) 29:26 - Modeling Foreign Trade Impacts 30:32 - Discussing Linked Environmental Data 33:48 - Live Q&A Session 35:45 - Q&A: Contribution Analysis vs. Negative Impact WHAT YOU'LL LEARN: A methodology for modeling the economic impact of industry shutdowns (like restaurants) using IMPLAN. How to use Multi-Regional Input-Output (MRIO) to see spillover effects in neighboring regions. The critical difference between an economic impact analysis and a contribution analysis for shutdown scenarios. How to model a government stimulus using household income events. How to correctly time-scale annual data for a short-term event (e.g., a 3-month lockdown). 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 #COVID19 #EconomicModeling #IOmodel