About the conference


Quote from the Inforum’s site:

Inforum, or Interindustry Forecasting at the University of Maryland, was founded nearly 50 years ago by Dr. Clopper Almon, now Professor Emeritus of the University. It is dedicated to improving business planning, government policy analysis, and the general understanding of the economic environment. Inforum accomplishes this mission through:

• Building and using structural economic models of U.S. and other economies. Inforum pioneered the construction of dynamic interindustry-macroeconomic models that portray the economy in a unique “bottom-up” fashion.

• Working with government and private sector research sponsors to investigate a variety of issues. Economic projections and analysis using Inforum econometric models are distinguished by detail at the industrial and product level.

• Serving as a training crucible for University of Maryland graduate and undergraduate students who receive valuable training in empirical economics. Indeed, Inforum graduate research assistants have completed over 40 Ph.D. dissertations, most of which have contributed directly to the infrastructure of Inforum.

• Maintaining active and productive ties with a world-wide network of research associates, each of which uses Inforum modeling methods and software. The Inforum partners have held annual conferences since 1993 to foster cooperation and development of economic knowledge and techniques.

Since its founding in 1967 by Dr. Clopper Almon, Inforum has served government agencies and private sector entities interested in economic analysis facilitated by Inforum’s approach. In particular, Interindustry-Macroeconomic (IM) models combine input-output structure with econometric equations in a dynamic and detailed framework. Because of their ability to portray the detailed structure of economies over actual time periods, these models fill an important gap in the inventory of existing models of the U.S. and foreign economies. In addition to forecasting, the models often are used to answer “what if” questions about the impact across industries of fluctuation in the macroeconomic environment, such as changes in exchange rate or tax policy.

About the 27th Inforum World Conference


The conference was held in Sochi, Russia, 2-6 September, 2019.

Local organizer: Institute of Economic Forecasting of the Russian Academy of Sciences


2 September 2019

Maurizio Grassini – A New Star is Born

Nikita Suslov – Model of Diversity: Systematic Analysis and Application to Russian Economy

Maximilian Banning – Modeling of Energy Efficiency and the Rebound Effect in PANTA RHEI

Andrey KolpakovUnderstanding the criteria for Russian climate policy: Energy and Economy modeling

Patricio ArocaImpact Analysis of Copper Price Super Cycle on Chilean Growth

Vasiliy UstinovInterindustry Relations of Metallurgy and Metal Consumption in the Russian Economy

3 September 2019

Shantong Li, Jue GuoThe economic structure change and industrial upgrading in China – Based on IO analysis

Raphael UzyakovThe impact of the structural factor on economic growth

Henryk Gurgul, Łukasz Lach Multidimensional approach to measuring eco-efficiency in generalized IO models

Douglas MeadeThe Supply Side of Health Care in a Dynamic Context

Ines ThobeImpacts of a more Sustainable Consumption

Tatyana NovikovaApplication of input-output models for investment project evaluation: the economic efficiency approach

David Mullins, Zanele KayumbaDetailed Projection of South African Economy – Two Stage Approach Based on the South African Inforum Model (SAFRIM)

Asiya BrusentsevaCurrent Version of the Russian Interindustry Model (RIM)

Aleksander Baranov, Victor PavlovEvaluation of the impact of increasing the oil production of a major oil producing company on the development of Russian economy using the dynamic input-output model

Jurand SkrzypekTransition to a low-emission economy in Poland in view of the results of multisectoral energy model

5 September 2019

Toshiaki Hasegawa Regional Market Integration and Trade in Value-Added

Rossella Bardazzi, Leonardo GhezziBilateral trade elasticities for Russia. An Inforum-type analysis

Anton Moiseev Financial framework for IO-models convergence

Alexander ShirovInterregional balance on the basis of rail transport data

Ksenya Savchishina Multiregional I-O Model: Baseline Scenario and Checking of Results Accuracy

Chen PanThe construction of Chinese provincial multi-regional input-output tables

Maxim Romanov The impact of large-scale events on the development of territories (on the example of post-Olympic Sochi)

Yuliya Pankova Assessment of Prospects for Formation of the Arctic Transport Corridor (Using Multi- regional Input-Output Model)

Marc Ingo WolterDetailed labour market modelling with INFORGE

Ekaterina Edinak, Vadim PotapenkoForecast of Russian Interregional Migration Flows

Dmitriy PolzikovAssessing contribution of a sector to GDP: Input-Output approach

Sergey MilyakinModeling of IO coefficients for the Russian economy