Journal ArticleDOI
From Stylized to Applied Models: Building Multisector CGE Models for Policy Analysis
TLDR
In this article, the authors describe how to build multisector computable general equilibrium models for policy analysis and present the social accounting matrix that provides the conceptual framework linking together different components of the model and furnishes much of the data as well.About:
This article is published in The North American Journal of Economics and Finance.The article was published on 1999-01-01. It has received 124 citations till now. The article focuses on the topics: Computable general equilibrium & Social accounting matrix.read more
Citations
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A standard computable general equilibrium (CGE) model in GAMS
TL;DR: In this paper, the authors present a CGE model for developing countries, including household consumption of non-marketed (or "home") commodities, explicit treatment of transaction costs for commodities that enter the market sphere, and a separation between producing activities and commodities that permits any activity to produce multiple commodities and any commodity to be produced by multiple activities.
Book
Introduction to Computable General Equilibrium Models
TL;DR: The CGE model database as discussed by the authors contains a social accounting matrix for the United States, 2004 $US billions and a CGE Modeling Exercise Answer Key (ECE) model.
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The impact of public education expenditure on human capital, growth, and poverty in Tanzania and Zambia: a general equilibrium approach
Hong-Sang Jung,Erik Thorbecke +1 more
TL;DR: In this paper, the impact of public education expenditure on human capital, the supply of different labor skills, and its macroeconomic and distributional consequences is appraised within a multisector CGE model.
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Economics of tourism taxation - evidence from Mauritius
TL;DR: The authors discusses the types, objectives, principles, and effects of tourism taxation and finds that tourism taxes can increase domestic welfare since international tourists bear most of the welfare loss associated with higher revenue, and that a narrow policy, taxing the highly tourism-intensive sectors, extracts significantly more revenue from tourists than a broader policy where all tourism-related sectors are taxed.
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Toward a scenario analysis framework for energy footprints
TL;DR: A calculation framework to include the concerned linkages in order to estimate energy footprints according to the primary energies embodied in the goods and services consumed by a defined human population is proposed and applied to Taiwan to illustrate how it works and what needs to be improved in future studies.
References
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Product differentiation and the treatment of foreign trade in computable general equilibrium models of small economies
Jaime de Melo,Sherman Robinson +1 more
TL;DR: In this paper, the treatment of exports and imports, and external closure rules, adopted in recent single-country computable general equilibrium models of small economies, are examined and a simple, one-sector analytic model which captures the major features of the multi-sector counterpart used in applied models is presented.
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The ‘Dutch’ disease in a developing country: Oil reserves in Cameroon☆
TL;DR: This paper studied the impact of an oil boom on a developing country and found that the agricultural sector is most likely to be hurt, whereas some of the manufacturing sectors will benefit, suggesting possible areas for government intervention, should it be warranted.
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Different macroclosures of the original Johansen model and their impact on policy evaluation
TL;DR: In this article, the results of general equilibrium models depend on the choice of closure rule, and the effects of the alternative closure rule are quantified by numerical experiments within a very general setup.
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Macroeconomic adjustment and income distribution: Alternative models applied to two economies
Irma Adelman,Sherman Robinson +1 more
TL;DR: In this article, the impact of macroeconomic adjustment mechanisms on the distribution of income in developing countries was analyzed using a CGE model that is general enough to incorporate neoclassical, neo-Keynesian, and a variety of structuralist macro closure rules.