Introduction to Computable General Equilibrium Models

Introduction to Computable General Equilibrium Models
Author: Mary E. Burfisher
Publisher: Cambridge University Press
Total Pages: 443
Release: 2016
Genre: Business & Economics
ISBN: 1107132207

The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.

Handbook of Computable General Equilibrium Modeling

Handbook of Computable General Equilibrium Modeling
Author: Peter B. Dixon
Publisher: Newnes
Total Pages: 1143
Release: 2013-11-14
Genre: Business & Economics
ISBN: 0444536353

In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. - Presents coherent summaries of CGE theories that inform major model types - Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results - Shows how CGE modeling has made a contribution to economic policy

Applied Methods for Trade Policy Analysis

Applied Methods for Trade Policy Analysis
Author: Joseph F. Francois
Publisher: Cambridge University Press
Total Pages: 576
Release: 1997
Genre: Business & Economics
ISBN: 9780521589970

This book provides a comprehensive introduction to the applied economic modeling of trade policies.

Socially Relevant Policy Analysis

Socially Relevant Policy Analysis
Author: Lance Taylor
Publisher: MIT Press
Total Pages: 400
Release: 1990
Genre: Business & Economics
ISBN: 9780262200752

This collection of work reviews the results of using CGE models since the early 1970s, with an emphasis on models that encompass broad structural factors such as distribution of income and wealth, land tenancy relationships, foreign trade, production, markets, and control of the means of production that are fundamental to the behavior of developing economies. Economist Lance Taylor is an advocate of aggressive government management of developing economies. The models described in this book are are easy to set up and manipulate on microcomputers and should dominate the development debate. Taylor's detailed discussion of structuralist COE models is followed by contributions that take up their application in specific countries.This collection of work reviews the results of using CGE models since the early 1970s, with an emphasis on models that encompass broad structural factors such as distribution of income and wealth, land tenancy relationships, foreign trade, production, markets, and control of the means of production that are fundamental to the behavior of developing economies.Chapters explain the macro constraints on India's economic growth and describe Plan Austral and other heterodox shocks, describe the application of a structuralist model to Nicaragua, to Mexican food consumption policies, and to the food market in Colombia. They discuss a model with portfolio choice for Thailand, resource mobilization through administered prices, and conflicting claims and dynamic inflationary mechanisms in India, short-run energyeconomy interactions in Egypt, policy options for growth and the alleviation of poverty in Sri Lanka, currency devaluation in Mexico, and medium-term growth projections for Kuwait. The book concludes with a manual for a structuralist macro model program.

A Standard Computable General Equilibrium (CGE) Model in GAMS

A Standard Computable General Equilibrium (CGE) Model in GAMS
Author: Hans Lofgren
Publisher: Intl Food Policy Res Inst
Total Pages: 79
Release: 2002-01-01
Genre: Business & Economics
ISBN: 0896297209

The purpose of this manual is to contribute to and facilitate the use of computable general equilibrium (CGE) models in the analysis of issues related to food policy in developing countries. The volume includes a detailed presentation of a static “standard” CGE model and its required database and incorporates features of particular importance in developing countries. The manual discusses the implementation of the model in GAMS and is accompanied by a CD-ROM that includes the GAMS software (free demo system), the GAMS input files for the model, sample databases, simulations, solution reports, and a social accounting matrix (SAM) aggregation program. Although the volume provides a standardized framework for analysis, the analyst is not forced to make “one-size-fits-all” assumptions. The GAMS code is written to give the analyst considerable flexibility in model specification.

A General Equilibrium Model for Tax Policy Evaluation

A General Equilibrium Model for Tax Policy Evaluation
Author: Charles L. Ballard
Publisher: University of Chicago Press
Total Pages: 275
Release: 2009-05-15
Genre: Business & Economics
ISBN: 0226036332

This book reports the authors' research on one of the most sophisticated general equilibrium models designed for tax policy analysis. Significantly disaggregated and incorporating the complete array of federal, state, and local taxes, the model represents the U.S. economy and tax system in a large computer package. The authors consider modifications of the tax system, including those being raised in current policy debates, such as consumption-based taxes and integration of the corporate and personal income tax systems. A counterfactual economy associated with each of these alternatives is generated, and the possible outcomes are compared.

Applied General Equilibrium

Applied General Equilibrium
Author: Manuel Alejandro Cardenete
Publisher: Springer Science & Business Media
Total Pages: 126
Release: 2012-01-05
Genre: Business & Economics
ISBN: 3642247458

This advanced textbook aims at providing a simple but fully operational introduction to applied general equilibrium. General equilibrium is the backbone of modern economic analysis and as such generation after generation of economics students are introduced to it. As an analytical tool in economics, general equilibrium provides one of the most complete views of an economy since it incorporates all economic agents (households, firms, government, foreign sector) in an integrated way that is compatible with microtheory and microdata. The integration of theory and data handling is required for successful modeling but it requires a double ability that is not found in standard books. With this book we aim at filling the gap and provide advanced students with the required tools, from the building of consistent and applicable general equilibrium models to the interpretation of the results that ensue from the adoption of policies. The topics include: model design, model development, computer code examples, calibration and data adjustments, practical policy examples.