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We show how you can carry out systematic sensitivity analysis (SSA) with respect to parameters and/or shocks, which vary according to a specified covariance matrix. You can use the existing SSA tools in RunGTAP or RunGEM to do this if your model is implemented in GEMPACK. Those SSA tools assume...
Persistent link: https://www.econbiz.de/10008876458
We describe the progress of computable general equilibrium (CGE) modeling software since the 1980s and contrast the main systems used today: GAMS, MPSGE, and GEMPACK. The development of these general-purpose modeling systems has underpinned rapid growth in the use of CGE models and allowed...
Persistent link: https://www.econbiz.de/10008913264
In this paper we analyze the Indirect Land Use Change (ILUC) effects of ethanol production expansion in Brazil through the use of an inter-regional, bottom-up, dynamic general equilibrium model calibrated with the 2005 Brazilian I-O table. A new methodology to deal with ILUC effects is...
Persistent link: https://www.econbiz.de/10009144117
In this paper we analyze the Indirect Land Use Change (ILUC) effects of ethanol production expansion in Brazil through the use of an inter-regional, bottom-up, dynamic general equilibrium model calibrated with the 2005 Brazilian I-O table. A new methodology to deal with ILUC effects is...
Persistent link: https://www.econbiz.de/10009216241
ORANI is a detailed general equilibrium model of the Australian economy. It has been applied many times by economists in universities, government departments and business in analyses of the effects on industries, occupational groups and regions of changes in policy variables (e.g., taxes and...
Persistent link: https://www.econbiz.de/10009365015
TERM (The Enormous Regional Model) provides a strategy for creating a "bottom-up" multi-regional CGE model which treats each region of a single country as a separate economy. This makes it a useful tool for examining the regional impacts of shocks that may be region-specific. TERM is designed to...
Persistent link: https://www.econbiz.de/10009318037
Abstract The number of regions and sectors in most regional CGE models is small, due to data and computing limitations. The uses of such models will broaden if they have larger CGE databases. The TERM model combines a massive database with a variable aggregation facility and techniques to...
Persistent link: https://www.econbiz.de/10008691546
For the last 10 years, Indonesian economy suffers from a triple setback. First, it experiences a slowing-down in economic growth. Second, the rate of poverty reduction is also slowed down, and third, there has been no improvement in the inter-regional economic disparity. In 2011, Indonesian...
Persistent link: https://www.econbiz.de/10010737658
We describe the progress of computable general equilibrium (CGE) modeling software since the 1980s and contrast the main systems used today: GAMS, MPSGE and GEMPACK. The development of these general-purpose modeling systems has underpinned rapid growth in the use of CGE models, and allowed...
Persistent link: https://www.econbiz.de/10010719522
In this paper we extend previous results about how trade integration can affect poverty and income distribution in Brazil. To assess the impacts of a Doha Development Agenda (DDA) scenario on poverty and income distribution in Brazil, a 2 computable general equilibrium model (CGE) of Brazil was...
Persistent link: https://www.econbiz.de/10011067673