"The BC Input-Output Model: Its Uses and Misuses"
The BC Input-Output (BCIOM) model is a key tool for assessing the economic impacts of policy decisions and allowing alternative projects to be compared against one another to inform decision making.
Lillian Hallin has worked at BC Stats since 1985 where she has been overseeing and improving the BCIOM for many years. She will be providing her insights on:
- BCIOM modeling techniques
- Multipliers: how to use them (and how not to use them)
- Issues to consider about economic impact studies
- Practical examples of input-output analyses
- Key differences between the BCIOM and the Statistics Canada I/O model
- New developments and updates
Don’t miss this opportunity to listen firsthand and learn from an expert economist and statistician about how one of BC’s most important economic models works and is used.
Manager, Economic Accounts and Analysis, BC Stats
Lillian is the manager of Economic Accounts and Analysis at BC Stats where she has worked since 1985. She holds a Bachelor’s degree in Economics from the University of Toronto (1982) and a Masters degree in Economics from the University of Victoria (1989).
She is responsible for developing and enhancing the provincial system of national accounts data, maintaining and using the BC Input-Output model for economic impact analysis, researching and developing specialized economic indicators for the province, and providing high level analytical advice to support researchers in both the public and private sectors.
Her work is used to supplement Statistics Canada data when estimating provincial Gross Domestic Product (GDP) by industry, as well as some key components that are used to measure GDP using the income and expenditure approaches. She is also responsible for reviewing in-progress estimates of the input-output model and economic accounts data for British Columbia. Since she assumed responsibility for the BC input-output model she has introduced several enhancements that improve the accuracy and applicability of the model’s estimates.
Lillian uses her expertise and the tools that she oversees and develops to conduct a diverse range of economic impact analyses, typically 15-20 per year. Her work is used in a wide range of industries to support decision making for government ministries, private companies, and consultants on projects such as the Site C Clean Energy Project and the BC Jobs Plan.
Date and Time:
Wedesday, September 20, 2017
12:00 PM – 1:30 PM
Suite 2200, MNP Tower
1021 West Hastings Street, Vancouver, BC
$13.00 for Members
$27.00 for Non-Members
Monday, September 18 (5:00PM)
Space is Limited!
Register today at CABE store.