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A 2004 Social Accounting Matrix for Israel: Documentation of an Economy-Wide Database with a Focus on Agriculture, the Labour Market, and Income Distribution AgEcon
Siddig, Khalid H.A.; Flaig, Dorothee; Luckmann, Jonas; Grethe, Harald.
This document describes the Israeli Social Accounting Matrix (SAM) for the year 2004, developed by the Agricultural and Food Policy Group at the University of Hohenheim. The SAM is a part of a larger research project which aims to analyse several economic, trade, and labour policies in the context of economic integration of agriculture between Israel and the West Bank. Data are obtained from various sources in Israel. Sources include the Israeli Central Bureau of Statistics (ICBS), the Central Bank of Israel (CBI), and the Israeli Tax Authority (ITA). Data from sources outside of Israel are used to fill-in some gaps in the domestic reports. External sources include the World Trade Organization (WTO), the Organisation for Economic Co-operation and...
Tipo: Working or Discussion Paper Palavras-chave: SAM; IO Table; CGE; Database; Israel.; Agricultural and Food Policy; Consumer/Household Economics; Labor and Human Capital; C6; C8; D1; D3; D5; D6; E2; E6; F1; F2; H2.
Ano: 2011 URL: http://purl.umn.edu/110156
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A General Equilibrium Analysis of the Impact of Inward FDI on Ghana: The Role of Complementary Policies AgEcon
Arbenser, Lawrence.
The need for external capital (FDI) inflow to finance the current account deficit of developing countries cannot be over-emphasized. Foreign direct investment takes predominance over other types of capital inflow into developing countries. How would an increase in FDI and a reduction in import tariff levels in isolation affect household welfare and other macroeconomic indicators? How would the concurrent application of the two enhance the expected impact? This paper explores the above questions by using a Computable General Equilibrium (CGE) model for Ghana, implemented in the General Algebraic Modeling System (GAMS) to carry out specific counterfactual simulations. This paper concludes that the primary benefit of an increase in FDI inflow for a...
Tipo: Working or Discussion Paper Palavras-chave: FDI; Import tariff; CGE; Ghana; GAMS; Household welfare trade deficit; Exchange rate; Import; Export; International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/18829
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Allocation Effects of Policy Reform: A Micro-Simulation of Macro-Model Results for the United States AgEcon
Hopkins, Jeffrey W.; Hanson, Kenneth; Somwaru, Agapi; Burfisher, Mary E..
By changing marginal prices and therefore production incentives, removal of government payments will result in a re-allocation of factors of production as farm households pursue alternative economic opportunities. At the economy-wide level these impacts are small, but closer inspection reveals that some household-level impacts will be larger and other households will be affected little if at all. The underlying heterogeneity of the agricultural sector results in variable adjustment along two dimensions. First, survey data show that payments are not evenly distributed so their removal does not have a uniform impact across the sector. Second, even if payments were evenly distributed, factor endowments are not, so that ability to enter into alternative...
Tipo: Conference Paper or Presentation Palavras-chave: Income; Labor; CGE; Micro-simulation; Agricultural and Food Policy.
Ano: 2003 URL: http://purl.umn.edu/15750
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An Econometric Model of CGE Simulations AgEcon
Hess, Sebastian.
CGE models are widely used tools for economic assessments of trade policy changes. However, overall confidence in their results tends to be low. We employ the methodological framework of meta-analysis in order to approach a quantitative comparison of CGE-based simulation results. Therefore, we compile a dataset of twelve recent Doha simulations and fit a linear regression model that explains the variance between simulation results on the regional level as a function of various modeling characteristics. The estimates are broadly in range with documented qualitative knowledge about modeling assumptions. The size of the sample limits general conclusions; however, an ongoing research project will extend the approach to a larger sample.
Tipo: Conference Paper or Presentation Palavras-chave: CGE; Systematic review; Doha round; Evaluation; Research Methods/ Statistical Methods; C20; C68; D58; F10; C99.
Ano: 2005 URL: http://purl.umn.edu/24713
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Assessing the economic costs of an outbreak of Foot and Mouth Disease on Brittany: A dynamic computable general equilibrium approach AgEcon
Gohin, Alexandre; Rault, Arnaud.
Epizootic outbreaks such as Foot and Mouth Disease are of great concern for agriculture. In this paper, we quantify the potential dynamic impacts of such a disease on Brittany, a French region with a strong livestock sector. We develop a dynamic computable general equilibrium model with rational expectations that allows us to measure the impacts of culling infected animals and restraining movements of live animals on the livestock sectors and downstream food industries. Our results show that economic losses are spread over many periods even with a one-time shock. The impacts on the primary sectors and downstream food sectors do not move in parallel. The food industries suffer most in the first period while the negative impacts on agriculture are mostly...
Tipo: Presentation Palavras-chave: Dynamics; CGE; Animal disease; Catastrophic event; Risk and Uncertainty; Q11; Q18.
Ano: 2012 URL: http://purl.umn.edu/122438
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Bank Restructuring and its Implication on Indonesian Macro Economy and Agricultural Sector AgEcon
Oktaviani, Rina; Sugema, Iman; Ratnawaty, Anny.
The impacts of bank restructuring on the Indonesian macro economy, and its various sectors, especially the agricultural industries, are assessed and analyzed using an Indonesian Forecasting Model. The model is more detailed sector-wise than existing Indonesian CGE models and incorporates flexibility to capture alternative assumptions regarding land and investment behavior. The impacts are assessed under several alternative settings including various scenarios on capital augmenting technical change and rate of return to capital on all industries. The failure of bank restructuring will have a bad impact on the Indonesian macroeconomic performance. It will reduce the GDP from both income side and expenditure side. The impact become worst if it will reduce the...
Tipo: Conference Paper or Presentation Palavras-chave: Bank restructuring; CGE; Agricultural and economic development; Agribusiness.
Ano: 2003 URL: http://purl.umn.edu/58194
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Competitiveness in the Food Industry: a CGE Modelling Approach to assess Foreign Direct Investment in Transition Countries AgEcon
Banse, Martin; Gay, Stephan Hubertus; McDonald, Scott; M'Barek, Robert; Swinnen, Johan F.M..
For transition countries, the food industry sector is a key industry in terms of output and employment shares. As a competitive sector that receives substantial foreign direct investments (FDI), it plays an important role as an element in the process of integration in the European and world market. The GLOBE Computable General Equilibrium model is applied to analyse scenarios of alternative development pathways of the food industry sector, taking into account the impact of FDI in the European food industry. The scenario analyses of this study identify that with an enhanced attraction of FDI in the food processing industries in the New Member States (NMS) the integration of the agri-food sectors in the NMS into the Single European Market will become even...
Tipo: Conference Paper or Presentation Palavras-chave: Food industry; Foreign direct investment; CGE; Transition countries; Agribusiness; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/8525
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Impact of Trade Liberalization and World Price Changes in Bangladesh: A Computable General Equilibrium Analysis AgEcon
Alam, Mohammad Jahangir; Buysse, Jeroen; Begum, Ismat Ara; Nolte, Stephan; Wailes, Eric J.; Van Huylenbroeck, Guido.
The paper analyzes the impact of trade liberalization and changes in world prices of agricultural commodities in Bangladesh using single country CGE model. Since the agricultural sector is sensitive to overall employment, household welfare and food security, the analysis focuses on the changes in agricultural production, consumption, household income and welfare. The results show that trade liberalization increases the welfare of all household groups while world market price increases decrease welfare. It means that although trade liberalization generates a welfare increase for households but this is dependent on the relative level of world commodity prices. Our results are based on the analysis of aggregate household groups, so it may be of future...
Tipo: Presentation Palavras-chave: Static; CGE; Trade policy; World prices; Agricultural commodities; Bangladesh; Agricultural and Food Policy; Demand and Price Analysis; Food Security and Poverty; International Development; International Relations/Trade.
Ano: 2012 URL: http://purl.umn.edu/123724
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Long-term Effects of the U.S. Renewable Fuel Standard on World Hunger AgEcon
Bryant, Henry L.; Lu, Jiamin; Richardson, James W.; Outlaw, Joe L..
We employ a multi-region computable general equilibrium model of the world economy to estimate changes in worldwide food insecurity that result from the imposition of the U.S. Renewable Fuels Standard.
Tipo: Conference Paper or Presentation Palavras-chave: Biofuels; Ethanol; CGE; Renewable Fuel Standard; Hunger; Agricultural and Food Policy; Food Security and Poverty; Resource /Energy Economics and Policy; Q180; Q420.
Ano: 2010 URL: http://purl.umn.edu/61262
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Meta-Analysis of General and Partial Equilibrium Simulations of Doha Round Outcomes AgEcon
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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PARAMETER ESTIMATION FOR A COMPUTABLE GENERAL EQUILIBRIUM MODEL: A MAXIMUM ENTROPY APPROACH AgEcon
Arndt, Channing; Robinson, Sherman; Tarp, Finn.
We introduce a maximum entropy approach to parameter estimation for computable general equilibrium (CGE) models. The approach applies information theory to estimating a system of nonlinear simultaneous equations. It has a number of advantages. First, it imposes all general equilibrium constraints. Second, it permits incorporation of prior information on parameter values. Third, it can be applied in the absence of copious data. Finally, it supplies measures of the capacity of the model to reproduce the historical record and the statistical significance of parameter estimates. The method is applied to estimating a CGE model of Mozambique.
Tipo: Working or Discussion Paper Palavras-chave: Maximum entropy; Computable general equilibrium; CGE; Prior information; Mozambique.; Research Methods/ Statistical Methods; C51; C68.
Ano: 2001 URL: http://purl.umn.edu/42456
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Potential Impacts of a Green Revolution in Africa – the Case of Ghana AgEcon
Breisinger, Clemens; Diao, Xinshen; Thurlow, James; Al-Hassan, Ramatu M..
Agricultural growth in Africa has accelerated, yet most of this growth has been driven by land expansion. Land expansion potential is reaching its limits, urging governments to shift towards a green revolution type of productivity-led growth. Given the huge public investments required, this paper aims to assess the potential impacts of a green revolution. Results from a CGE model for Ghana show that green revolution type growth is strongly pro-poor and provides substantial transfers to the rest of the economy, thus providing a powerful argument to raise public expenditure on agriculture to make a green revolution happen in Africa.
Tipo: Conference Paper or Presentation Palavras-chave: Agriculture; Green Revolution; Growth; Poverty; Africa; Ghana; CGE; Agricultural and Food Policy; International Development; D58; O13; O55.
Ano: 2009 URL: http://purl.umn.edu/51086
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The economic assessment of changes in ecosystem services: and application of the CGE methodology AgEcon
Bosello, Francesco; Eboli, Fabio; Parrado, Ramiro; Nunes, Paulo A.L.D.; Ding, Helen; Rosa, Renato.
The present study integrates Computable General Equilibrium (CGE) modelling with biodiversity services, proposing a possible methodology for assessing climate-change impacts on ecosystems. The assessment focuses on climate change impacts on carbon sequestration services provided by European forest, cropland and grassland ecosystems and on provisioning services, but provided by forest and cropland ecosystems only. To do this via a CGE model it is necessary to identify first the role that these ecosystem services play in marketable transactions; then how climate change can impact these services; and finally how the economic system reacts to those changes by adjusting demand and supply across sectors, domestically and internationally
Tipo: Journal Article Palavras-chave: Climate change; Ecosystems services; Integrated assessment; CGE; Environmental Economics and Policy; C68; Q51; Q54; Q57.
Ano: 2011 URL: http://purl.umn.edu/117622
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THE IMPACT OF ALTERNATIVE DEVELOPMENT STRATEGIES ON GROWTH AND DISTRIBUTION: SIMULATIONS WITH A DYNAMIC MODEL FOR EGYPT AgEcon
El-Said, Moataz; Lofgren, Hans; Robinson, Sherman.
Addressing longer-term issues of economic development in Egypt, the paper employs a dynamically recursive computable general equilibrium (CGE) model to assess the outcomes associated with two types of development approaches over the period 1998-2012. One is a targeted sector development approach, and the second is a more broad-based development approach. Under the first development approach technological advancement is separately targeted to three sectors: agriculture, food processing, and textiles. Each sectoral choice is intended to represent alternative development strategies which we label (i) agricultural-demand- led industrialization (ADLI); (ii) food-processing-based (FOOD); and (iii) textile-based industrialization (TEXTILE). Under the second...
Tipo: Working or Discussion Paper Palavras-chave: Atkinson inequality index; CGE; Egypt; Growth; Income distribution; SAM; Theil index; International Development; C68; D31; D33; D58; O47; O53.
Ano: 2001 URL: http://purl.umn.edu/16311
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The Impact of Capital Intensive Farming in Thailand: A Computable General Equilibrium Approach AgEcon
Pue-on, Anuwat; Ward, Bert D.; Gan, Christopher E.C..
The aim of this study is to explore whether efforts to encourage producers to use agricultural machinery and equipment will significantly improve agricultural productivity, income distribution amongst social groups, as well as macroeconomic performance in Thailand. A 2000 Social Accounting Matrix (SAM) of Thailand was constructed as a data set, and then a 20 production-sector Computable General Equilibrium (CGE) model was developed for the Thai economy. The CGE model is employed to simulate the impact of capital-intensive farming on the Thai economy under two different scenarios: technological change and free trade. Four simulations were conducted. Simulation 1 increased the share parameter of capital in the agricultural sector by 5%. Simulation 2 shows a...
Tipo: Conference Paper or Presentation Palavras-chave: Capital intensive farming; CGE; General equilibrium; SAM; Thailand; Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy; Farm Management; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/96816
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The Integration of Palestinian-Israeli Labour Markets: A CGE Approach AgEcon
Flaig, Dorothee; Siddig, Khalid H.A.; Grethe, Harald; Luckmann, Jonas; McDonald, Scott.
Replaced with revised version of paper 07/12/11.
Tipo: Conference Paper or Presentation Palavras-chave: Labor market; CGE; Labor and Human Capital.
Ano: 2011 URL: http://purl.umn.edu/103861
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The Relative Role of Land in Climate Policy AgEcon
Golub, Alla A.; Hertel, Thomas W.; Rose, Steven K.; Sohngen, Brent; Avetisyan, Misak.
Replaced with revised version of paper 06/26/09.
Tipo: Conference Paper or Presentation Palavras-chave: Climate policy; Land use related emissions; Carbon forest sequestration; CGE; Environmental Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/49513
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U.S. Farm Subsidies and the Biofuel Industry AgEcon
Bayham, Jude; Devadoss, Stephen.
Tipo: Conference Paper or Presentation Palavras-chave: Biofuel Policy; General Equilibrium; CGE; Agricultural and Food Policy; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61253
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WHY THE POOR CARE ABOUT PARTIAL VERSUS GENERAL EQUILIBRIUM EFFECTS - PART 1, METHODOLOGY AND COUNTRY CASE AgEcon
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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