Multi-regional Dynamic General Equilibrium Modeling of the U.S. Economy

The book documents a model with a unique amount of detail on economy-wide and regional US economic activity
Details are presented on how national accounts and other statistical data are modified to prepare a multi-regional CGE model Tailored modifications within the described model include sectors to depict domestic and international tourism and holiday-making at home and abroad
The volume includes practical applications to major policy issues

Autorentext
Prof. Glyn Wittwer is a regional dynamic CGE modeling expert. He has played a major role with Mark Horridge in developing databases for TERM versions in several countries. He edited the Springer volume Economic Modeling of Water (2012) and contributed the majority of chapters in the volume. He has extensive consulting experience. His list of projects includes dynamic, multi-regional CGE modeling in Australia, China and the United States. These includes modeling of the impacts of major dam and transport projects, drought and water trading, flood, hypothetical plant disease scenarios, productivity scenarios, wine tax scenarios, major mine construction projects and industry closures.

Inhalt
Chapter 1. Beyond Regional Input-Output Modeling.- Part I: Sectoral Detail in USAGE-TERM.- Chapter 2. Agriculture and Mining in Regional United States.- Chapter 3. Manufacturing Industries in the United States.- Chapter 4. Regional Electricity Supply in the United States.- Chapter 5. Regional Health Care, Education, International Trade, Other Services and Household Consumption.- Chapter 6. Tourism and Transport in a CGE Model and An Illustrative Application.- Part II: Potential Household and Fiscal Extensions.- Chapter 7. Enhancing the Links Between Income Sources, User Expenditures and Taxes in a CGE Database.- Chapter 8. Multiregional Fiscal Accounts.- Part III: Model Preparation.- Chapter 9. Preparing a Database for Dynamic CGE Modeling.- Chapter 10. Top-Down Extensions to Represent Counties and Congressional Districts and Moving to Bottom-Up.- Part IV: Model Applications.- Chapter 11. Modeling California's Drought.- Chapter 12.The Economic Effects of a Hypothetical Nuclear Attack on Downtown LA.