A GEM for streamlined dynamic CGE analysis: structure, interface, data, and macro application

This paper provides an overview, macro application, and detailed documentation of GEM-Core, a dynamic computable general equilibrium (CGE) model designed for medium- and long-run policy analysis. GEM stands for General Equilibrium Model. GEM-Core can address the issues that typically are relevant fo...

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Autores principales: Cicowiez, Martín, Lofgren, Hans
Formato: Articulo Documento de trabajo
Lenguaje:Inglés
Publicado: 2017
Materias:
Ciencias Económicas
Computable general equilibrium
Fiscal policy
Trade policy
Social accounting matrices
Planning models
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/127916
https://openknowledge.worldbank.org/handle/10986/29008
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-127916
record_format dspace
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
Computable general equilibrium
Fiscal policy
Trade policy
Social accounting matrices
Planning models
spellingShingle Ciencias Económicas
Computable general equilibrium
Fiscal policy
Trade policy
Social accounting matrices
Planning models
Cicowiez, Martín
Lofgren, Hans
A GEM for streamlined dynamic CGE analysis: structure, interface, data, and macro application
topic_facet Ciencias Económicas
Computable general equilibrium
Fiscal policy
Trade policy
Social accounting matrices
Planning models
description This paper provides an overview, macro application, and detailed documentation of GEM-Core, a dynamic computable general equilibrium (CGE) model designed for medium- and long-run policy analysis. GEM stands for General Equilibrium Model. GEM-Core can address the issues that typically are relevant for CGE analysis for developing countries, including fiscal space (with its spending, tax, and foreign aid aspects), public investment, social safety nets, trade, jobs, demography, poverty, and inequality. The model is a template model in the sense that, given an appropriately formatted database, applications for different countries can quickly be developed. The data needed for macro applications are very limited, making it possible to apply the model on short notice to virtually any country, including fragile and low-income countries. GEM-Core comes with a user-friendly Excel-based interface through which the analyst may choose between alternative country databases and, for the selected database, do the analysis (define and analyze simulations, including adjustment of selected data and assumptions). The interface lowers entry barriers to CGE modeling and provides a platform around which training may be organized, making it possible to focus courses on economics instead of computer programming.
format Articulo
Documento de trabajo
author Cicowiez, Martín
Lofgren, Hans
author_facet Cicowiez, Martín
Lofgren, Hans
author_sort Cicowiez, Martín
title A GEM for streamlined dynamic CGE analysis: structure, interface, data, and macro application
title_short A GEM for streamlined dynamic CGE analysis: structure, interface, data, and macro application
title_full A GEM for streamlined dynamic CGE analysis: structure, interface, data, and macro application
title_fullStr A GEM for streamlined dynamic CGE analysis: structure, interface, data, and macro application
title_full_unstemmed A GEM for streamlined dynamic CGE analysis: structure, interface, data, and macro application
title_sort gem for streamlined dynamic cge analysis: structure, interface, data, and macro application
publishDate 2017
url http://sedici.unlp.edu.ar/handle/10915/127916
https://openknowledge.worldbank.org/handle/10986/29008
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