Theory And Programming Of Computable General Equilibrium (Cge) Models: A Textbook For Beginners

Theory And Programming Of Computable General Equilibrium (Cge) Models: A Textbook For Beginners PDF

Author: Gene H Chang

Publisher: World Scientific

Published: 2022-02-18

Total Pages: 443

ISBN-13: 9811238995

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This book adopts a typical textbook approach and format for CGE beginners to learn and master the subject. It explains the economics theory behind the CGE models. The learning proceeds step by step from basic economic theories to advanced topics, from simple to more comprehensive CGE structures along with the corresponding computer programs. Each chapter reviews relevant economic theories; illustrates new material with examples, diagrams and exercises; and provides the mathematical models along with the GAMS computer programing codes. At the end of a chapter, exercises are assigned for practice and enhancing understanding.

Handbook of Computable General Equilibrium Modeling

Handbook of Computable General Equilibrium Modeling PDF

Author: Peter B. Dixon

Publisher: Newnes

Published: 2013-01-08

Total Pages: 1886

ISBN-13: 044462631X

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Top scholars synthesize and analyze scholarship on this widely used tool of policy analysis in 27 articles, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top U.S. 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

The New Generation of Computable General Equilibrium Models

The New Generation of Computable General Equilibrium Models PDF

Author: Federico Perali

Publisher: Springer

Published: 2018-05-02

Total Pages: 342

ISBN-13: 3319585339

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This book covers some important topics in the construction of computable general equilibrium (CGE) models and examines use of these models for the analysis of economic policies, their properties, and their implications. Readers will find explanation and discussion of the theoretical structure and practical application of several model typologies, including dynamic, stochastic, micro-macro, and simulation models, as well as different closure rules and policy experiments. The presentation of applications to various country and problem-specific case studies serves to provide an informed and clearly articulated summary of the state of the art and the most important methodological advancements in the field of policy modeling within the framework of general equilibrium analysis. The book is an outcome of a recent workshop of the Italian Development Economists Association attended by a group of leading practitioners involved in the generation of CGE models and research on modeling the economy and policy making. It will be of interest to researchers, professional economists, graduate students, and knowledgeable policy makers.

Applied General Equilibrium

Applied General Equilibrium PDF

Author: Manuel Alejandro Cardenete

Publisher: Springer Science & Business Media

Published: 2012-01-05

Total Pages: 126

ISBN-13: 3642247458

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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.

A Standard Computable General Equilibrium (CGE) Model in GAMS

A Standard Computable General Equilibrium (CGE) Model in GAMS PDF

Author: Hans Lofgren

Publisher: Intl Food Policy Res Inst

Published: 2002-01-01

Total Pages: 79

ISBN-13: 0896297209

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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.

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