Linking Global CGE Models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities
When modelling medium and long-term challenges we need a reference path of economic development (the so-called baseline). Because sectoral models often offer a more fundamental understanding of future developments for specific sectors, many CGE modeling teams have adopted different kinds of linking...
| Autores principales: | , , , , , , , , , , , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University
2020
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/142710 |
| _version_ | 1855513783525441536 |
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| author | Delzeit, Ruth Beach, Robert H. Bibas, Ruben Britz, Wolfgang Chateau, Jean Freund, Florian Lefevre, Franziska Schuenemann Sulser, Timothy B. Valin, Hugo van Ruijven, Bas Weitzel, Matthias Willenbockel, Dirk Wojtowicz, Krzysztof |
| author_browse | Beach, Robert H. Bibas, Ruben Britz, Wolfgang Chateau, Jean Delzeit, Ruth Freund, Florian Lefevre, Franziska Schuenemann Sulser, Timothy B. Valin, Hugo Weitzel, Matthias Willenbockel, Dirk Wojtowicz, Krzysztof van Ruijven, Bas |
| author_facet | Delzeit, Ruth Beach, Robert H. Bibas, Ruben Britz, Wolfgang Chateau, Jean Freund, Florian Lefevre, Franziska Schuenemann Sulser, Timothy B. Valin, Hugo van Ruijven, Bas Weitzel, Matthias Willenbockel, Dirk Wojtowicz, Krzysztof |
| author_sort | Delzeit, Ruth |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | When modelling medium and long-term challenges we need a reference path of economic development (the so-called baseline). Because sectoral models often offer a more fundamental understanding of future developments for specific sectors, many CGE modeling teams have adopted different kinds of linking approaches to sectoral models to generate baselines. We systematically compare and discuss approaches of linking CGE models for the baseline calibration procedure, and discuss best practices and pitfalls. We identify different types of linking approaches which we divide into a) links with partial equilibrium models, and b) links with non-economic models. These two types of linking approaches are then analyzed with respect to e.g. the degree of linkage, information exchanged, as well as compromises in aggregations and definitions. Based on this, we discuss potential drawbacks and conclude with suggestions for best practices and research recommendations. |
| format | Journal Article |
| id | CGSpace142710 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2020 |
| publishDateRange | 2020 |
| publishDateSort | 2020 |
| publisher | Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University |
| publisherStr | Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University |
| record_format | dspace |
| spelling | CGSpace1427102025-12-08T10:29:22Z Linking Global CGE Models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities Delzeit, Ruth Beach, Robert H. Bibas, Ruben Britz, Wolfgang Chateau, Jean Freund, Florian Lefevre, Franziska Schuenemann Sulser, Timothy B. Valin, Hugo van Ruijven, Bas Weitzel, Matthias Willenbockel, Dirk Wojtowicz, Krzysztof models commodities modelling computable general equilibrium models trade equilibrium theory prices climate change When modelling medium and long-term challenges we need a reference path of economic development (the so-called baseline). Because sectoral models often offer a more fundamental understanding of future developments for specific sectors, many CGE modeling teams have adopted different kinds of linking approaches to sectoral models to generate baselines. We systematically compare and discuss approaches of linking CGE models for the baseline calibration procedure, and discuss best practices and pitfalls. We identify different types of linking approaches which we divide into a) links with partial equilibrium models, and b) links with non-economic models. These two types of linking approaches are then analyzed with respect to e.g. the degree of linkage, information exchanged, as well as compromises in aggregations and definitions. Based on this, we discuss potential drawbacks and conclude with suggestions for best practices and research recommendations. 2020-07-01 2024-05-22T12:10:55Z 2024-05-22T12:10:55Z Journal Article https://hdl.handle.net/10568/142710 en https://hdl.handle.net/10568/150391 https://hdl.handle.net/10568/146817 Open Access Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University Delzeit, Ruth; Beach, Robert; Bibas, Ruben; Britz, Wolfgang; Chateau, Jean; et al. 2020. Linking Global CGE Models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities. Journal of Global Economic Analysis 5(1): 162-195. https://doi.org/10.21642/JGEA.050105AF |
| spellingShingle | models commodities modelling computable general equilibrium models trade equilibrium theory prices climate change Delzeit, Ruth Beach, Robert H. Bibas, Ruben Britz, Wolfgang Chateau, Jean Freund, Florian Lefevre, Franziska Schuenemann Sulser, Timothy B. Valin, Hugo van Ruijven, Bas Weitzel, Matthias Willenbockel, Dirk Wojtowicz, Krzysztof Linking Global CGE Models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities |
| title | Linking Global CGE Models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities |
| title_full | Linking Global CGE Models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities |
| title_fullStr | Linking Global CGE Models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities |
| title_full_unstemmed | Linking Global CGE Models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities |
| title_short | Linking Global CGE Models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities |
| title_sort | linking global cge models with sectoral models to generate baseline scenarios approaches challenges and opportunities |
| topic | models commodities modelling computable general equilibrium models trade equilibrium theory prices climate change |
| url | https://hdl.handle.net/10568/142710 |
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