Handbook of Computable General Equilibrium Modeling
- 1st Edition, Volume 1B - November 16, 2012
- Editors: Peter B. Dixon, Dale Jorgenson
- Language: English
- Hardback ISBN:9 7 8 - 0 - 4 4 4 - 5 9 5 5 6 - 0
- eBook ISBN:9 7 8 - 0 - 4 4 4 - 5 9 5 8 0 - 5
In this collection of 16 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, an… Read more
In this collection of 16 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US 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
Graduate students and professors worldwide working in all subdisciplines of economics and finance.
Section 1. Overview
1. An introduction to CGE modeling -- Peter B. Dixon and Dale W. Jorgenson
Section 2. Single-Country CGE Projects
2. The MONASH style of CGE modeling: a framework for hisorical, decomposition, forecast and policy simulations -- Peter B. Dixon, Robert B. Koopman and Maureen T. Rimmer
3. CGE assessments of fiscal sustainability in Norway -- Erling Holmoy
4. MAMS - a Computable General Equilibrium Model for Developing Country Strategy Analysis --Hans Lofgren, Martin Cicowiez and Carolina Diaz-Bonilla
5. The contribution of CGE modeling to policy formulation in developing countries -- Sherman Robinson and Shantayanan Devarajan
6. Putting services and foreign direct investment into CGE models: reflections on the use of CGE models in policy discussions -- David Tarr
7. Regional CGE Modeling -- John R. Madden and James A. Giesecke
8. IGEM: a model of U.S. economic growth and the environment -- Dale W. Jorgenson, Peter Wilcoxen and Mun Ho
9. Energy and Environment Modeling in Australia -- Philip D. Adams and Brian R. Parmenter
10. Tax reform, the cost of capital, and U.S. economic growth -- Dale W. Jorgenson and Kun-Young Yun
11. Dynamic overlapping generations computational general equilibrium models and the analysis of tax policy --
John W. Diamond and George R. Zodrow
Section 3. Global CGE Projects12. Applied General Equilibrium Analysis using the GTAP Framework -- Thomas Hertel
13. Estimating effects of price-distorting policies using alternative distortions databases-- Kym Anderson, Will Martin and Dominique van der Mensbrugghe
14. Global Dynamic Scenarios—Structural and Environmental Implications -- Dominique van der Mensbrugghe
15. Energy and environment, a global approach: G-cubed-- Warwick J. McKibbin
16. Integrated economic and climate modeling -- William Nordhaus
Section 4. CGE Data, Parameter Estimation, Validation and Computation
17. An econometric approach to general equilibrium modeling --Dale W. Jorgenson, Hui Jin and Daniel T. Slesnick
18. Trade Elasticity Parameters for a CGE Model -- Russell Hillberry and David Hummels
19. Validation of CGE models -- Peter B. Dixon and Maureen T. Rimmer
20. Solution Software for CGE Modeling -- Mark Horridge, Alex Meeraus, Ken Pearson and Thomas F, Rutherford
Section 5. Advancing CGE Methodology
21. Income distribution and Computable General Equilibrium models: macro- micro modelling -- Francois Bourguignon and Maurizio Bussolo
22. The New Keynesian approach to dynamic general equilibrium modeling: models, methods and macroeconomic policy evaluation -- Volker Wieland and Sebastian Schmidt
23. Computing general equilibrium theories of monopolistic competition and heterogeneous firms -- Edward J. Balistreri and Thomas F, Rutherford
24. Market Structure in CGE Models of International Trade -- Joseph Francois, Miriam Manchin and Will Martin
25. CGE modeling of trade in services -- Joseph Francois and Bernard Hoekman
26. Labor market modeling in a CGE context -- Stefan Boeters and Luc Savard
27. Aging and social insurance in a CGE framework -- Laurence Kotlikoff, Hans Fehr and Sabine Jokisch
- Edition: 1
- Volume: 1B
- Published: November 16, 2012
- Language: English
PD
Peter B. Dixon
Sir John Monash Distinguished Professor, Centre of Policy Studies, Monash University, Australia
Affiliations and expertise
Professor and Principal Researcher, Centre of Policy Studies, Monash University, Victoria, AustraliaDJ
Dale Jorgenson
Professor of Economics, Harvard University, Cambridge, Mass USA
Affiliations and expertise
Professor of Economics, Harvard University, Cambridge Mass USA