This paper is for CGE modelers and others interested in modern trade theory. The Armington specification of trade, assuming country-level product differentiation, has been central to CGE modelling for 40 years. Starting in the 1980s with Krugman and more recently Melitz, trade theorists have...

One objective of Computable general equilibrium (CGE) models is the analysis of economywide effects of policy measures. The focus of the Factor Markets project is to analyse the functioning of factor markets for agriculture in the EU-27, including the Candidate Countries. While agricultural and...

Traditionally, CGE models do not include equations modelling the financial sector of a country. Interest rates are therefore set exogenously and often the nominal exchange rate is set as the numeraire. Normally, these models would show that tighter monetary policy (i.e. increase in interest...

type="main" xml:lang="es" <title type="main">Resumen</title> <p>Se investigan los efectos económicos de la relajación del sistema de registro de hogares de China durante el período 2008 a 2020 mediante el empleo de un modelo de equilibrio general computable dinámico de la economía china. Los resultados del modelo...</p>

Dixon P. B., Madden J. R. and Rimmer M. T. Linking national and multi-regional computable general equilibrium (CGE) models: the effects of an increase in award wage rates in Australia, Regional Studies. Wages for 20% of Australian workers are set by awards, reviewed annually in a centralized...

This paper assesses the complex interplay between global Renewable Energy Directives (RED) and the United Nations programme to Reduce Emissions from Deforestation and forest Degradation (REDD). We examine the interaction of the two policies using a scenario approach with a recursive-dynamic...

One objective of Computable general equilibrium (CGE) models is the analysis of economy-wide effects of policy measures. The focus of the Factor Markets project is to analyse the functioning of factor markets for agriculture in the EU-27, including the Candidate Countries. While agricultural and...

This paper assesses the complex interplay between global Renewable Energy Directives (RED) and the United Nations programme to Reduce Emissions from Deforestation and forest Degradation (REDD). We examine the interaction of the two policies using a scenario approach with a recursive-dynamic...