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Annual reports 2008Vienna, October 2009 Presidential Address Dear Friends and Colleagues, The Association is doing well. In the past two years we moved from a little more than three hundred to over five hundred members. This is partly due to the reduction of the membership fee for inhabitants of non-OECD countries and for students, and this is partly to the success of our conferences in Istanbul and Seville. Both attracted many non-members that used the surcharge on their registration fee to get a two-year free membership, or even a four-year free membership in case of non-OECD countries and students. Hence, I believe we need to decide to reduce the fees and surcharges for our members from OECD-countries equivalently, in order to grow on to some eight hundred members in another two years. Last year the council decided to move to a yearly conference, marking our maturity as an international scientific association. Our 17th International Input-Output Conference in Sao Paulo is all set to become a very successful conference with presently (May 2009) already almost 200 registered participants, and in June next year we will continue our southern voyage with our 18th International IO Conference in Sydney. I hope to welcome you on both occasions, while the council is happy to receive conference proposals for 2011 and later. This year is also special in the sense that we are saying goodbye to two officers who served the IIOA for a long time, and to whom we are indebted for the large amounts of time they invested in the Association. First, on behalf of all of you I like to thank our secretary, Norbert Rainer, who answered hundreds of questions from individual members, who kept the council informed and supported its decision making with proposals, information and advice. He was the institutional memory of the association, and helped a series of presidents well over a period of fifteen years. Second, I like to thank Erik Dietzenbacher who not only served the association’s Journal as its (co-)editor for fifteen years extremely well, but who also was the scientific chair of our conferences in New York 1998, Montréal 2002 and Sendai 2006. So, the Association is doing well, as are its Journal and its Conferences, but how about IO analysis? The easy answer is: it is doing well too, precisely because the Association is doing well. The more serious answer is that IO analysis is doing well because of the continuous extension of its fields of application. Also it is doing well as judged by the intensive use of IO data, social accounting data and all kind of linked satellite accounts. However, it might do better if we could include the interaction of prices and quantities - between sectors, between institutions, between regions and between countries - in all of our applications, and thus at our Conferences and in our Journal.Jan Oosterhaven Membership As of April 30, 2009 the IIOA counted 513 members including those nominated by institutional members. Membership increased strongly since 2007. Each year ca. 90 members (20% in 2008) joined the IIOA. In 2007, 60% of these new members were attendees of the Istanbul conference who took advantage of the 2-year free membership for non-IIOA member participants. In 2008, only 18% of the new members joined through this mechanism. Membership (as of April 30, 2009)
Work of the Management The work of the Management – Secretary and Treasurer - embraced the following usual activities: (a) Membership administration, (b) Recording of payments of Membership Fees, including dispatching reminders, (c) Responding to letters from members and others, (d) Communicating with the Council, (e) Communicating with our Publishing Company (subscription of members, address changes), (f) Communicating with the Editor of the journal Economic Systems Research, (g) Updating and enlarging the website together with the webmaster, (h) Organising the Council meetings and the General Assembly, (i) Acting on order of the Council, (j) Supporting the preparation our the Conferences. The new Web-based members Administration System was rolled out in June 2008.
Results of the Council ActivitiesDuring the Seville Conference the Council held a face-to-face meeting on 10 July 2008. During the rest of the year the Council members are in e-mail contact and decisions are taken by e-mail. The main issues of Council activities refer to all activities of the IIOA as are reported here in the Annual Report and need not to be repeated under this topic. However, the following issues should be mentioned:
Norbert Rainer, Secretary, IIOA (until 2008)
Report on the International Input-Output Meeting on Managing the Environment, July, 9 -11, 2008, Seville, SpainThe 2008 International Input-Output Conference was held July 9-11 at the Universidad Pablo de Olavide de Sevilla. Emilio Fontela was supposed to chair the program committee, but regretfully passed away in 2007. I was asked to step in and Erik Dietzenbacher, Klaus Hubacek, José Rueda-Cantuche and Bent Thage kindly joined me. We have organized two special sessions to commemorate Emilio Fontela and Chris DeBresson, who also passed away in 2007. The theme of the conference was Input-Output & Environment. It elicited some 200 submissions, including the ones on general input-output. After selection we had 131 paper presentations, 18 poster presentations, 2 courses and 3 keynotes. The latter were on Economy-wide models in integrated assessment of climate policy by Joyashree Roy, A CGE analysis of the relative price sensitivity required to induce rebound effects in response to an improvement in energy efficiency in the UK economy by Karen Turner, and Foreign immigration and internal migration patterns: a decomposition analysis of inter-regional migration flows between the Spanish regions by Esteban Fernández. We welcomed 217 participants from 34 countries of all continents, except Africa.I thank all who generously lent their time and energy in making the 2008 Seville conference a success, especially the staff members and students of Universidad Pablo de Olavide de Sevilla, skillfully led by Alejandro Cardenete and José Rueda-Cantuche. Papers are downloadable from Thijs ten Raa, Chair, Scientific Programme Committee
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Number of papers | |||||
Year | 2004 | 2005 | 2006 | 2007 | 2008 |
Rejected directly by the editors | 10 | 14 | 9 | 3 | 3 |
Rejected because of referee reports | 12 | 6 | 9 | 4 | 5 |
Withdrawn by the author(s) | - | - | - | - | - |
Currently with the referees | 14 | 8 | 9 | 27 | 27 |
Currently with the author(s) for revision | 6 | 8 | 6 | 4 | 4 |
Accepted for publication | 6 | 6 | 7 | 4 | 2 |
Special issues | 7 | 6 | 7 | 13 | 7 |
Total | 55 | 48 | 47 | 54 | 48 |
Rejection rate (%)a | 46 | 48 | 45 | 17 | 20 |
Acceptance rate (%)a | 13 | 14 | 18 | 10 | 5 |
Remainder (%)a | 42 | 38 | 37 | 73 | 76 |
a Percentages are based only on ordinary submissions, i.e. excluding the contributions to special issues. The remainder consists of submissions with the referees or with the author(s) for revision.
A detailed account of the submissions and their status on 1 January 2009 is given above. This table also allows for comparisons with the four years before. The main conclusion might be that the number of submissions has been fairly stable in recent times, in particular when the submission of the majority of articles for the 2009 special issue soon after January 1, 2009, is taken into account. The high fraction of articles with referees in 2008 is partly due to the fact that most submissions were received in the second half of the year, after the Seville conference.
The 2008 volume was the last volume of Economic Systems Research for which one of us (Erik Dietzenbacher) acted as editor. He hopes (as do the newly appointed editors Manfred Lenzen and Bart Los) that the number of high-quality submissions to the journal will rise in the years to come. All IIOA-members and other scholars active in related fields are kindly invited to have their studies considered for publication!
Erik Dietzenbacher, Editor, Economic Systems Research
Bart Los, Co-Editor, Economic Systems Research
Fiscal year 2008 was characterized by the successful go-live of the IIOA web-based administration system (WEBADMIN). The system features a Paypal online payment facility which enables IIOA members to make their membership contributions online. This service has been very actively used by IIOA members since the go-live. Within the last 12 months, over US$ 5,000, i.e. 60% of all private membership contributions have been made via PayPal. WEBADMIN also features decentralized address data updating, access to updated IIOA member contacts for networking, and access to free downloads of Economic System Research.
Due to the strategy followed by IIOA treasury, the financial crisis had no impact on the assets of IIOA. The treasury strategy aims at keeping assets liquid, achieving moderate interest, and minimizing risk of asset loss. IIOA does not undertake any form of speculative investments aimed at capital gains, not even if rating agencies issue excellent ratings for investment titles. Thus, the assets of the organization rose from around US$ 162,000 to slightly below US$ 173,000. These assets serve to finance travel grants for students’ participation at the IIOA conferences, awards for scientific work, and also as a safety cushion to cover financial obligations arising from risks associated with the organization of IIOA conferences world wide.
Auditing of the IIOA accounts continues to be conducted by Otto Kremser, the chartered accountant appointed in 2006, and Joachim Lamel who has served IIOA as auditor for many years. The financial report compiled by the treasurer is stated in US dollars while the majority of the IIOA expenditures accrue in Euros.
The financial report for 2008 indicates that projections for the fiscal year had been somewhat overly optimistic on the revenues side and too pessimistic on the expenditures side. Thus, operations in 2008 lead to a surplus of US$ 13,193.
On the revenues side, membership contributions decreased from their 2007 level due to the reduction in membership fees for non-OECD and student members to US$ 15 per person and year. The level of membership contributions for non-student OECD members continued to amount to US$ 60 for one year. Interest revenue dropped due to the global economic downturn. Royalty revenues jumped to US$ 38,560 due to the re-negotiated contract with the publishing house of Economic Systems Research, Routledge. Refunds for the Seville conference were deferred to January 2009 and are therefore not displayed in 2008.
On the expenditure side, the cost of publishing the ESR journal stated for 2008 actually refers to 2007, due to delayed invoicing by Routledge. The expenses for Editorial assistance of US$ 5,000 for editing the ESR journal in 2009 were issued in December for the subsequent year and thus are displayed in the 2008 accounts. Mailing and postage costs virtually disappeared as IIOA moved towards web-based membership administration and no elections were held. The item Banking charges and tax on interest accrued decreased notably since IIOA had fewer interest revenues in 2008. Administration costs decreased again in 2008 and are now down to less than US$ 1,000. It shall be noted that this is less than 5 percent of what other scientific organizations with a comparable membership base spend. ICT expenses increased to US$ 11,327 in 2008 since the new Members-Area and Webadmin system had been completed and invoiced. It shall be noted that the costs for the new IT development was US$ 3,500 lower than projected, due to very precise specification of the software by the management, close monitoring of the software programming process, and a smooth go-live. Conference expenses were lower than expected, due to the Management and Council’s proactive approach to contain travel costs.
For 2009, IIOA treasury expects a deficit. The revenues side is expected to remain strong. The delayed Seville conference refund will strengthen the revenues side. Royalties will remain at their current level. Membership contributions are expected remain stable. ICT expenditure will return to its level of 2007. Conference costs, however, will rise substantially, as the number of travel grants for student members from non-OECD countries more than doubled and the venue of the conference is rather remote for a large number of grant holders and Council members. A conservative estimate of the expenses for the Sao Paulo conference amounts to US$ 47,500. Of these, US$27,500 will be travel grants for young scientists. US$ 5,000 will continue to be spent annually on assistance to the chief editor of the ESR journal. Prizes and awards will account for US$ 2,000 (Leontief Prize and Sir Richard Stone Prize).
Christof Paparella, Treasurer, IIOA
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