Thursday, 5 April 2012

Impact Modelling with REMPLAN

One of the most frequent ways that REMPLAN is applied is to model the direct and flow-on impacts on a change in a local economy.  Examples include: 'the construction of a new building', 'the expansion of a local business' and 'implications for local businesses of a change to government policy.   Within the REMPLAN “impacts’ module the flow-on industrial and consumption effects are automatically calculated from a direct change to the local economy.  
Behind the scenes REMPLAN modelling automatically calculates the multiple rounds of flow-on effects in terms of output, employment, wages & salaries, value-added and Gross regional Product (GRP).  Based on some recent feedback from a Brisbane based client we thought it would be informative to graphically illustrate how these multiple flow on effects actually work.

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At REMPLAN we are a team of economists, demographers and software developers. We develop online analytical tools and information resources for economic development and planning practitioners in local, state and federal government agencies, consulting firms, university researchers and students.

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