Handbook of Computable General Equilibrium Modeling

Informationen zum Autor Sir John Monash Distinguished Professor, Centre of Policy Studies, Monash University, Australia Professor of Economics, Harvard University, Cambridge, Mass USA Klappentext In this collection of 17 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 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. Zusammenfassung A collection 17 articles that presents the history of modeling applications and examines competing points of view. It covers the construction of CGE databases, model solving, and computer-assisted interpretation of results. It shows how CGE modeling has made a contribution to economic policy.

Autorentext
Sir John Monash Distinguished Professor, Centre of Policy Studies, Monash University, Australia Professor of Economics, Harvard University, Cambridge, Mass USA

Klappentext
A collection 17 articles that presents the history of modeling applications and examines competing points of view. It covers the construction of CGE databases, model solving, and computer-assisted interpretation of results. It shows how CGE modeling has made a contribution to economic policy.

Inhalt

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 Projects
    12. Applied General Equilibrium Analysis using the GTAP Framework
    Thomas Hertel

12. Estimating effects of price-distorting policies using alternative distortions databases
    Kym Anderson, Will Martin and Dominique van der Mensbrugghe
13. Global Dynamic Scenarios-Structural and Environmental Implications
    Dominique van der Mensbrugghe
14. Energy and environment, a global approach: G-cubed
    Warwick J. McKibbin

15. 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

16. Trade Elasticity Parameters for a CGE Model
    Russell Hillberry and David Hummels
17. Validation of CGE models
    Peter B. Dixon and Maureen T. Rimmer

18. Solution Software for CGE Modeling
    Mark Horridge, Alex Meeraus, Ken Pearson and Thomas F, Rutherford

    Section 5. Advancing CGE Methodology

19. Income distribution and Computable General Equilibrium models: macro- micro modelling
    Francois Bourguignon and Maurizio Bussolo
20. The New Keynesian approach to dynamic general equilibrium modeling: models, methods and macroeconomic policy evaluation
    Volker Wieland and Sebastian Schmidt
21. Computing general equilibrium theories of monopolistic competition and heterogeneous firms
    Edward J. Balistreri and Thomas F, Rutherford
22. Market Structure in CGE Models of International Trade
    Joseph Francois, Miriam Manchin and Will Martin
23. CGE modeling of trade in services
    Joseph Francois and Bernard Hoekman
24. Labor market modeling in a CGE context
    Stefan Boeters and Luc Savard
25. Aging and social insurance in a CGE framework (provisional title)
    Laurence Kotlikoff, Hans Fehr and Sabine Jokisch