Introduction to Computable General Equilibrium Models

Author: Mary E. Burfisher
Publisher: Cambridge University Press
ISBN: 9781107132207
Release Date: 2017-01-31
Genre: Business & Economics

This book provides an accessible, undergraduate-level introduction to computable general equilibrium (CGE) models, a class of model that has come to play an important role in government policy decisions. The book uses a graphical approach to explain the economic theory that underlies a CGE model, and provides results from simple, small-scale CGE models to illustrate the links between theory and model outcomes. The book includes eleven guided, hands-on exercises that introduce modeling techniques that are applied to real-world economic problems. Students will learn how to integrate their separate fields of economic study into a comprehensive, general equilibrium perspective as they develop their skills as producers or consumers of CGE-based analysis.

Handbook of Computable General Equilibrium Modeling

Author: Peter B. Dixon
Publisher: Newnes
ISBN: 9780444626318
Release Date: 2013-01-08
Genre: Business & Economics

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

Policy Evaluation with Computable General Equilibrium Models

Author: Amedeo Fossati
Publisher: Routledge
ISBN: 9781134518807
Release Date: 2003-09-02
Genre: Business & Economics

Computable General Equilibrium (CGE) modelling is a relatively new field in economics, however, it is rapidly becoming one of the most useful tools for policy evaluation. This book applies CGE modelling to some of the most urgent international economic policy problems, including the Kyoto Protocol, pension reform, and income taxation, and also analyses the methodological issues that arise.

Assessing the Economic Impact of Tourism

Author: Samuel Meng
Publisher: Springer
ISBN: 9783319403281
Release Date: 2016-12-08
Genre: Business & Economics

This book employs a computable general equilibrium (CGE) model – a widely used economic model which uses actual data to provide economic analysis and policy assessment – and applies it to economic data on Singapore’s tourism industry. The authors set out to demonstrate how a novice modeller can acquire the necessary skills and knowledge to successfully apply general equilibrium models to tourism studies. The chapters explain how to build a computable general equilibrium model for tourism, how to conduct simulation and, most importantly, how to analyse modelling results. This applied study acts as a modelling book at both introductory and intermediate levels, specifically targeting students and researchers who are interested in and wish to learn computable general equilibrium modelling. The authors offer insightful analysis of Singapore’s tourism industry and provide both students and researchers with a guide on how to apply general equilibrium models to actual economic data and draw accurate conclusions.


Author: Bernd Schmidt
Publisher: Springer-Verlag
ISBN: 9783642831874
Release Date: 2013-03-08
Genre: Mathematics

Für den Aufbau komplexer Modelle auf dem Gebiet der Produktionssysteme ist es bedeutsam, daß die Komponenten für Fertigung, Montage und Lagerung durch ein sehr leistungsfähiges und dennoch sehr flexibles Transportsystem verbunden werden können. Ein Transportsystem besteht aus den Transportmitteln, dem Wegenetz und der Steuerung. Für das gesamte Transportsystem, bestehend aus Transportmitteln, Wegenetz und Steuerung wird ein einheitliches Modellkonzept vorgestellt. Die Implementierung erfolgt mit Hilfe des Simulators GPSS-FORTRAN Version 3. Der Simulator GPSS-FORTRAN Version 3 war immer schon in der Lage, in seinem warteschlangenorientierten Teil Modelle mit Bearbeitungsstationen, Lagerverwaltung und Auftragssteuerung aufzubauen. Durch einen Zusatz ist es möglich geworden, jetzt auch Vorgänge, die Transportmittel benötigen, zu simulieren. Hierdurch eröffnet sich für den Simulator GPSS-FORTRAN als Anwendungsgebiet der Modellaufbau für Produktionssysteme. Alle für Fertigung, Montage, Lagerung und Materialfluß erforderlichen Komponenten werden angeboten. Zahlreiche Beispielmodelle illustrieren das vorgestellte Konzept.

Macroeconomic Policies for Sustainable Growth

Author: Mohan Munasinghe
Publisher: Edward Elgar Publishing
ISBN: 1781958041
Release Date: 2006-05-25
Genre: Business & Economics

'The state-of-the-art studies in this volume are to be warmly welcomed. The authors successfully explore the economic, environmental and social consequences of policy-failures, and identify practical corrective measures.' - Charles Perrings, President, International Society for Ecological Economics (ISEE) Macroeconomic policies have come under justifiable scrutiny because of their powerful and pervasive impacts throughout the economy. This book examines the sustainability of growth-oriented macroeconomic strategies, starting from early ideas linking macroeconomic policies, growth and sustainability. A comprehensive and up-to-date literature review and theoretical framework are presented, including both macroeconomic and microeconomic analyses of the linkages between the economy and the environment.

Handbook on International Trade Policy

Author: William Alexander Kerr
Publisher: Edward Elgar Publishing
ISBN: 1847205461
Release Date: 2007
Genre: Political Science

'This book obtains its broad expertise by pulling together expertise from a wide range of experts in the way that each chapter is written by authors specialized in the topic addressed. . . This Handbook on international trade policy is a good summary of theories, policy instruments and their effects and is written in an understandable manner. Most parts are suited for students and those who want to start understanding international trade policy. It is also useful for researchers, policy-makers and practitioners looking for quick guidance on different topics in international trade policy. The clear structure of the book organized by topics allows for a quick and easy reference.' – Martin Grass, Quarterly Journal of International Agriculture The Handbook on International Trade Policy is an insightful and comprehensive reference tool focusing on trade policy issues in the era of globalization. Each specially commissioned chapter deals with important international trade issues, discusses the current literature on the subject, and explores major controversies. The Handbook also directs the interested reader to further sources of information. The expert contributors cover both traditional and more current concerns including: • history of thought on trade policy • the development of multilateral organizations such as the World Trade Organization • border restrictions and subsidies • regional trade agreements • trade and the environment • animal, plant and food safety measures • international protection of intellectual property and sanctions. Presenting a broad and state-of-the-art perspective on the topic, this highly accessible Handbook will prove an invaluable resource to researchers, academics, policymakers and practitioners concerned with international trade policy.

Developing a Tourism Focused Computable General Equilibrium Model

Author: Gunawarna Waduge
Publisher: GRIN Verlag
ISBN: 9783668496149
Release Date: 2017-08-01
Genre: Business & Economics

Research Paper (postgraduate) from the year 2017 in the subject Tourism, Griffith University (Griffith Institute of Tourism), language: English, abstract: Conventional literature has proven that Computable General Equilibrium (CGE) modelling is the best applied tool addressing and analysing tourism related issues in an economy. Therefore, the aim of this paper is to develop a Computable General Equilibrium Model for an economy (hereafter referred to as CGE-Tourism) for tourism impact analysis. The core model of CGE–Tourism closely follows the well-known Australian ORANI model and the extension of tourism to the core model closely follows the recent work of Australian tourism modellers. This paper contains six sections. The second section provides a brief summary of economic impact analysis of tourism. Section three outlines the overview of the theoretical structure and implementation of the CGE-Tourism model. The system of equations of the core model of CGE-Tourism is presented in section four. Section five describes the new extension of tourism modelling to the core model. Measuring the contribution of tourism to a national economy has always been a frustrating exercise. Tourism does not have specific products. It represents the sum of expenditure by travellers for wide range of products. It is not possible to identify tourism as a single "industry" in the national accounts, its value to the economy is not readily revealed. As a result of the absence of tourism in official economic statistics, there is often an on-going battle to establish tourism credibility as an economic activity and generator of income in the economy. As a result, a significant volume of tourism research over the past few decades have focussed on the development and use of a variety of economic techniques aimed at quantifying the effects of tourism on an economy. In conventional literature has proven that Computable General Equilibrium (CGE) modelling is the best applied tool addressing and analysing tourism related issues in an economy. The paper provided a complete description of the theoretical structure of the CGE-Tourism including all equations and variables by using relevant Excerpts for different blocks of equations in the TABLO file associated with the GEMPACK software used to operationalise the model. The incorporation of tourism using the dummy sector approach into an ORANI type CGE model as an extension and can be considered as the main contribution of this study to the CGE modelling literature for An economy. This is a clear departure from the traditional methods used for tourism modelling in an economy.