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| Birur, Dileep K.; Beach, Robert H.; Hertel, Thomas W.; McCarl, Bruce A.. |
| With the increasing research interests in biofuels, global implications of biofuels production have been generally examined either in a partial equilibrium (PE) or general equilibrium (GE) frameworks. Though both of these approaches have unique strengths, they also suffer from many limitations due to complexity of addressing all the relevant aspects of biofuels. In this paper we have exploited the strengths of both PE and GE approaches for analyzing the economic and environmental implications of the U.S. policies on corn-ethanol and biodiesel production. In this study, we utilize the Forest and Agricultural Sector Optimization Model (FASOMGHG: Adams et al. 1996, 2005; Beach et al. 2009), a non-linear programming, PE model for the United States. We also use... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Biofuels; Indirect land use change; Land use emissions; Partial Equilibrium; Computable General Equilibrium; Land Economics/Use; Resource /Energy Economics and Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/61812 |
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| Hess, Sebastian; von Cramon-Taubadel, Stephan. |
| Quantification of welfare changes due to trade liberalisation play a crucial role for political decision making. However, meaningful comparisons of simulation results from different sources are difficult. Often significant differences in simulated gains from liberalisation do not serve to increase confidence in quantitative assessments based on trade models. We employ a metaanalysis of applied trade simulations under the WTO Doha Round to identify model characteristics that influence the magnitude of simulation results, and to estimate the magnitude of this influence. Findings from our simple econometric model are plausible and show that each simulation experiment represents a complex interaction of experimental settings that may not easily be understood... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Meta-analysis; CGE; Partial Equilibrium; Trade Liberalization; C00; C23; C68; F10; International Relations/Trade. |
| Ano: 2006 |
URL: http://purl.umn.edu/25512 |
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| Hess, Sebastian; von Cramon-Taubadel, Stephan. |
| Due to the complexity of general and partial equilibrium models, conventional sensitivity analysis, qualitative reviews or literature-based meta-analyses do not allow for detailed assessments of the role of individual parameters and policy shocks across different models. Therefore, the partial equilibrium model “GSIM” and a single country CGE are employed to generate synthetic scenarios based on randomly specified combinations of base data, elasticities and tariff changes selected from previously specified, plausible ranges. The synthetic meta-data has the advantage that the values of explanatory variables are measured exactly. This makes it possible to explore complex issues of functional form and interaction between variables in the estimation of the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: General Equilibrium; Partial Equilibrium; Response Surface Design; Research Methods/ Statistical Methods. |
| Ano: 2008 |
URL: http://purl.umn.edu/43689 |
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| Wobst, Peter. |
| The paper compares the effects of productivity growth in agriculture in a standard CGE model and an adjusted CGE model with special features in order to replicate partial equilibrium behavior of traded agricultural sectors within a general equilibrium framework. The fixed-price, partial equilibrium CGE model shows a strong multiplier effect so that total GDP, factor earnings, and household incomes increase with the productivity growth in agriculture. In comparison, the standard CGE model generates much more diverse sectoral behavior, stronger trade through shifts in the exchange rate, and a less equitable income distribution among farm and non-farm households. |
| Tipo: Working or Discussion Paper |
Palavras-chave: CGE; Partial Equilibrium; Southern Africa; Tanzania; International Development. |
| Ano: 2000 |
URL: http://purl.umn.edu/16283 |
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