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Introducing Melitz-Style Firm Heterogeneity in CGE Models : Technical Aspects and Implications

Roson, Roberto; Oyamada, Kazuhiko - 2014

This paper discusses which changes in the architecture of a standard CGE model are needed in order to introduce effects of trade and firm heterogeneity à la Melitz. Starting from a simple specification with partial equilibrium, one primary production factor and one industry, the frame-work is...

Persistent link: https://www.econbiz.de/10014147815

Introducing Melitz-Style Firm Heterogeneity in CGE Models : Technical Aspects and Implications

Roson, Roberto; Oyamada, Kazuhiko - 2014

Persistent link: https://www.econbiz.de/10014147819

Combining Top-Down and Bottom-Up in Energy Policy Analysis : A Decomposition Approach

Böhringer, Christoph; Rutherford, Thomas F. - 2013

The formulation of market equilibrium problems as mixed complementarity problems (MCP)permits integration of bottom-up programming models of the energy system into top-down general equilibrium models of the overall economy. Despite the coherence and logical appeal of the integrated MCP approach,...

Persistent link: https://www.econbiz.de/10014059841

Integrating Bottom-Up into Top-Down : A Mixed Complementarity Approach

Böhringer, Christoph; Rutherford, Thomas F. - 2008

We motivate the formulation of market equilibria as a mixed complementarity problem (MCP) in order to bridge the gap between bottom-up energy system models and top-down general equilibrium models for energy policy analysis. Our objective is primarily pedagogic. We first lay out that the MCP...

Persistent link: https://www.econbiz.de/10014063311

Measuring Sustainable Development : The Use of Computable General Equilibrium Models

Böhringer, Christoph; Löschel, Andreas - 2008

Sustainability Impact Assessment (SIA) of economic, environmental, and societal effects triggered by governmental policies has become a central requirement for policy design. The three dimensions of SIA are inherently intertwined and subject to trade-offs. Quantification of trade-offs for policy...

Persistent link: https://www.econbiz.de/10014070101

Chapter 24 CGE Modeling of Environmental Policy and Resource Management

Bergman, Lars - In: Handbook of environmental economics : volume 3, …, (pp. 1273-1306). 2005

Computable general equilibrium (CGE) modeling is an attempt to use general equilibrium theory as a tool for analysis of … widespread use of CGE modeling probably is that a CGE model is an ideal bridge between economic theory and applied policy … research. The “bridge” perspective, however, suggests that CGE modeling is a way of using rather than testing economic theory …

Persistent link: https://www.econbiz.de/10014023908

Chapter 21. Income Distribution in Computable General Equilibrium Modeling

Bourguignon, Franois; Bussolo, Maurizio - In: Handbook of computable general equilibrium modeling : …, (pp. 1383-1437). 2013

economic theory and presents some applications. The chapter is structured according to the nature of the computable general …

Persistent link: https://www.econbiz.de/10014025270

Chapter 7. Regional Computable General Equilibrium Modeling

Giesecke, James A.; Madden, John R. - In: Handbook of computable general equilibrium modeling : …, (pp. 379-475). 2013

of countries. Researchers have ensured that innovations in theory, data construction and model application have matched …

Persistent link: https://www.econbiz.de/10014025284

Chapter 2. The MONASH Style of Computable General Equilibrium Modeling: A Framework for Practical Policy Analysis

Dixon, Peter B.; Koopman, Robert B.; Rimmer, Maureen T. - In: Handbook of computable general equilibrium modeling : …, (pp. 23-103). 2013

MONASH models are descended from Johansen's 1960 model of Norway. The first MONASH model was ORANI, used in Australia's tariff debate of the 1970s. Johansen's influence combined with institutional arrangements in their development gave MONASH models distinctive characteristics, facilitating a...

Persistent link: https://www.econbiz.de/10014025289

How will global trade patterns evolve in the long run?

Bekkers, Eddy; Corong, Erwin L.; Métivier, Jeanne; … - 2023 - Manuscript date: 31 January 2023

In this paper the evolution of global trade patterns until 2050 is projected with a recursive dynamic computable general equilibrium (CGE) model. Feeding the model with exogenous projections on macroeconomic, demographic, sectoral and trade cost variables, the evolution of trade patterns emerges...

Persistent link: https://www.econbiz.de/10013535798