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Data issues in general equilibrium modelling AgEcon
Beutre, Benjamin; Rodriguez, Gil; Pant, Hom M..
In recent years global general equilibrium (GE) models have been used to analyse policy issues such as trade liberalisation, regional integration and environmental policies. While a global CGE model is an excellent tool to perform a comprehensive analysis of such policies, it requires an enormous amount of data to calibrate or parameterise the model itself. Quality differences in the data sets might affect the results of the model simulation. Identifying and removing problems in the database is an important task for the effective use of a CGE model. In this paper, we suggest an approach to detect and remove major inconsistencies from the database of a CGE model. To illustrate, we examine and modify selected interindustry transactions in the GTAP version 5...
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade; Research Methods/ Statistical Methods.
Ano: 2003 URL: http://purl.umn.edu/57838
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An analytical framework for incorporating land use change and forestry in a dynamic CGE model AgEcon
Pant, Hom M..
Forestry poses a challenge to computable general equilibrium (CGE) modellers working with recursively dynamic models. This is because of the lag between its inputs and output, which do not correspond to the same time period as other sectors. Inputs are applied for a number of years before a forest is ready for harvest. As a result, attempts in the past to incorporate a well-specified forestry sector in a recursive CGE model have been only partly successful. The purpose of this paper is to fill this gap by presenting a consistent analytical framework which can be used to incorporate forestry into a recursively dynamic global CGE model. A key feature of the framework is that it splits the forestry activity into three parts—planting, holding and harvesting....
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2010 URL: http://purl.umn.edu/59150
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