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2 edition of Integrating macroeconomic and multi-sector computable general equilibrium models found in the catalog.

Integrating macroeconomic and multi-sector computable general equilibrium models

Warwick J. McKibbin

Integrating macroeconomic and multi-sector computable general equilibrium models

by Warwick J. McKibbin

  • 393 Want to read
  • 30 Currently reading

Published by Brookings Institution in Washington, D.C .
Written in English

    Subjects:
  • Equilibrium (Economics),
  • Macroeconomics.

  • Edition Notes

    Includes bibliographical references.

    StatementWarwick J. McKibbin.
    SeriesBrookings discussion papers in international economics -- no. 100
    ContributionsBrookings Institution.
    Classifications
    LC ClassificationsHB145 .M395 1993
    The Physical Object
    Pagination70 p. ;
    Number of Pages70
    ID Numbers
    Open LibraryOL15469967M

    We adopt a multi-region, multi-sector, recursive and dynamic computable general equilibrium model-the China-in-Global Energy Model (C-GEM) with China details,,.The C-GEM is a new model for assessing the domestic and global impacts of energy and climate policy in China that describes 19 regions and 20 sectors listed in Table C-GEM represents the details of the energy intensive Cited by: families of models: macroeconomic GEMs, computable general equilibrium (CGE) models, and overlapping generations (OLG) models. Also here we note that the boundaries between families of models—and our decision about including or excluding particular models—can be arbitrary. 1 Macroeconomic GEMs Analyzing aggregate economic phenomena from.

    Computable General Equilibrium Models for Pol-icy Evaluation and Economic Consequence Anal-ysis ABSTRACT This chapter reviews recent applications of computable general equilibrium (CGE) modeling in the analysis and evaluation of policies which a ect interactions among multiple markets. Lecture Notes for Economics Getting Started with CGE Modeling Thomas F. Rutherford University of Colorado. 1 A Quick Introduction to CGE Modeling. When a students begins to learn general equilibrium modeling with GAMS/MPSGE, it is easy to lose sight of underlying methodology because a number of steps are automated by the software.

      This paper studies the potential long-term effects of three illustrative scenarios using a multi-sector computable general equilibrium (CGE) trade model calibrated to countries. The first scenario estimates effects from potential U.S. auto tariffs. The second analyzes a ‘transactional deal’ between the U.S. and China to close their bilateral deficit. The third, in the absence of such a Cited by: 1. Downloadable! This thesis examines the potential impacts of the Economic Partnership Agreements (EPAs) between the EU and the Southern African Development Community (SADC). It provides a quantitative assessment of the prospective implications for welfare, output and trade structures, resource allocation, prices and fiscal revenue. The thesis undertakes country- and sector-specific analyses Author: Rehab Osman Mohamed Osman.


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Integrating macroeconomic and multi-sector computable general equilibrium models by Warwick J. McKibbin Download PDF EPUB FB2

This book provides an accessible, undergraduate-level introduction to computable general equilibrium (CGE) models, a class of model that has come to play an important role in government policy : Mary E.

Burfisher. Book description. Computable general equilibrium (CGE) models are widely used by governmental organizations and academic institutions to analyze the economy-wide effects of events such as climate change, tax policies and immigration.

This book provides a practical, how-to guide to CGE models suitable for use at the undergraduate college : Mary E. Burfisher. The book provides a comprehensive A-to-Z guide for computable general equilibrium (CGE) models, which can analyze various economic issues empirically.

CGE Models been widely used for investigating the impacts of economic integration, eco-taxes on environmental problems, regulatory reforms, taxation reforms and transportation system planning. Emphasis on integration of economic activity with the environment in an accounting framework Explores an environmentally extended social accounting matrix (ESAM) for the Indian economy Presents a detailed mathematical construction of a computable general equilibrium (CGE) model capable of making assessments of the effectiveness of climate.

General Equilibrium Models: An Overview macroeconomic GEMs, computable general equilibrium models, and overlapping generations models. is a multi-sector model. A general formulation of a computable general equilibrium model can be developed by using a differential mathematical struc ture, as Leif Johansen, and after that se veral other scholars proposed.

An Introduction to Computable General Equilibrium Modeling Selim Raihan Professor Department of Economics, University of Dhaka •economic integration •change in world prices •economic growth, dynamic model Equilibrium in CGE models •An equilibrium: can be.

Among numerical methods, computable general equilibrium (CGE) models are widely employed by various national and international organizations (EU Commission, IMF, World Bank, OECD, etc.) for economic policy analysis at the sector-level as well as the economy-wide level.

1 The main virtue of theCited by: This course is designed to provide students with information and skills to develop and use PC-based computable general equilibrium models (CGEs) for economic policy analysis.

The course begins with an examination of aggregate macroeconomic data and teaches the students how to use such data for simple short- and medium-term forecasting.

a standard computable general equilibrium (cge) model in gams hans lofgren rebecca lee harris sherman robinson with assistance from marcelle thomas and moataz el-said microcomputers in policy.

GTAP Resources: Popular CGE Books and Articles The following books and articles have been recommended as good books in the field of CGE modeling.

If you would like to add a book(s) to this list, please email Jeremy Douglas. Hertel, Thomas W. and Uris Lantz C. Baldos (). E3ME differs from most mainstream models in that it provides a strong empirical basis for analysis.

It can fully assess both short and long-term impacts and is not limited by many of the restrictive assumptions common to Computable General Equilibrium (CGE) models. E3ME does not assume optimising behaviour and full utilisation of resources. Handbook of Computable General Equilibrium Modeling This chapter provides an overview of the first two decades of the Global Trade Analysis Project (GTAP) – an effort to support a standardized data base and CGE modeling platform for international economic analysis.

Purchase Handbook of Computable General Equilibrium Modeling, Volume 1A-1B - 1st Edition. Print Book & E-Book. ISBNBook Edition: 1. Introduction to Computable General Equilibrium Models (2nd ed.) by Mary E.

Burfisher. This book provides an accessible, undergraduate-level introduction to computable general equilibrium (CGE) models, a class of model that has come to play an important role in government policy decisions. 3 In the multisector models, we add expenditure functions with many goods based on utility maximization at two levels.

First, allocate expenditure among goods. Second, decide on sectoral import ratios. In the model, the CES hnction defining Q can be treated as a utility hnction directly. 1 Simple General Equilibrium Modeling !Cited by: Discusses computable general equilibrium models, their use for the analysis of economic policies, and their properties and implications ; Provides a state of the art summary and surveys frontier methodologies and applications; Examines the theoretical structure and practical applications of various model typologies; see more benefits.

General equilibrium models for development policy (English) Abstract. This comprehensive survey of multisector, economy-wide planning models weighs their power to address issues of trade, distribution, growth, and structural change. The authors combine theoretical discussion of the properties of applied equilibrium models Cited by:   Magnani, R., & Mercenier, J.

On linking microsimulation and computable general equilibrium models using exact aggregation of heterogeneous discrete-choice making agents. Economic Modelling, 26, – CrossRef Google ScholarCited by: 1. Book Description. The book provides a hands-on introduction to computable general equilibrium (CGE) models, with a graphical treatment of economic theory and guided CGE modeling exercises.5/5(2).

food webs. The ecosystem model is combined with a general equilibrium model of an economy, providing a tight integration of economic and ecological models. The combined model is applied to Alaska and a commercially important eight species marine ecosystem that contains harvested fish and endangered Steller sea lions.Handbook of Computable General Equilibrium Modeling, Vols.

1A and 1B, North Holland, ISBN ; Ginsburgh, Victor and Michiel Keyzer (). The Structure of Applied General Equilibrium Models, MIT Press.Alternative Computable General Equilibrium (CGE) models. for an aid-dependent less-industrialized country.

Lorenzo Giovanni Bellù. April Abstract. This paper addresses the issue of analyzing hocomplex sociow -economic systems are hit by and adjust to external shocks and polices. In the first section the focus is put on the structureFile Size: KB.