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Computable general equilibrium (CGE) models are widely used by govern-mental organizations and academic institutions to analyze the economywide effects of events such as climate change, tax policies, and immigration.
INTRODUCTION TO COMPUTABLE GENERAL EQUILIBRIUM MODELS Computable general equilibrium (CGE) models play an important role in supporting public-policymaking on such issues as trade, climate change and taxation. This signi cantly revised volume, keeping pace with the next-generation standard CGE model, is the only undergraduate-level introduc-
INTRODUCTION TO COMPUTABLE GENERAL EQUILIBRIUM MODELS. lay 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 i.
This book covers some important topics in the construction of computable general equilibrium (CGE) models and examines use of these models for the analysis of economic policies, their properties, and their implications.
1.1 Economic analysis with computable general equilibrium models 1 1.2 Framework of CGE models 3 1.3 Advantages and shortcomings of CGE models 5 1.4 Applications of CGE models 6 1.5 Aims of this book 6 1.6 Software and simulations on the PC 8 1.7 Structure of this textbook 10 2 The Simple CGE Model 13 2.1 Setup of the economy 14 2.2 Household ...
The book provides a comprehensive A-to-Z guide for computable general equilibrium (CGE) models, which can analyze various economic issues empirically. CGE Models been widely used for investigating the impacts of economic integration, eco-taxes on environmental problems, regulatory reforms, taxation reforms and transportation system planning.
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