Modeling International Relationships in Applied General Equilibrium (MIRAGE) Model

The MIRAGE (Modeling International Relationships in Applied General Equilibrium) model is a multi-country, multi-sector dynamic model, developed initially at the Centre d'Etudes Prospectives et d'Informations Internationales (CEPII) in Paris (France). Beyond IFPRI and CEPII, the model is now shared...

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Main Author: International Food Policy Research Institute
Format: Manual
Language:Inglés
Published: International Food Policy Research Institute 2001
Subjects:
Online Access:https://hdl.handle.net/10568/156210
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author International Food Policy Research Institute
author_browse International Food Policy Research Institute
author_facet International Food Policy Research Institute
author_sort International Food Policy Research Institute
collection Repository of Agricultural Research Outputs (CGSpace)
description The MIRAGE (Modeling International Relationships in Applied General Equilibrium) model is a multi-country, multi-sector dynamic model, developed initially at the Centre d'Etudes Prospectives et d'Informations Internationales (CEPII) in Paris (France). Beyond IFPRI and CEPII, the model is now shared with different institutions such as the European Commission DG Trade and DG Enterprise (Brussels, Belgium), French National Institute for Agricultural Research ( INRA, Paris, France), United Nations Economic Commission for Africa (UNECA, Addis Ababa, Ethiopia), and the World Trade Organization (WTO, Geneva, Switzerland). The MIRAGE model has been developed primarily to study trade policy scenario and has been intensively used to assess bilateral and multilateral agreements. As a global CGE, it provides a rich set of indicators for each region that allows measuring the impact of any policy changes. Such indicators include: changes in production, production factor uses, real wages, value added by sector, real GDP, real income, exports, imports, terms of trade. It can be used under different set of assumptions to be easily adaptable to the issue at stake (perfect and imperfect competition, dynamic or static approach, imperfection on labour markets, alternative macroeconomic closures). As a global model, the GTAP 7 database is its main source of information and can cover 113 regions of the world and up to 57 sectors. However, it has been developed in parallel with the MAcMAp-HS6 database that allows a high detailed of trade policy scenario design. When the dynamic features are used, a realistic baseline is built based on United Nations Agencies demographic projection as well as IMF economic growth assumptions.
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spelling CGSpace1562102025-01-10T06:35:53Z Modeling International Relationships in Applied General Equilibrium (MIRAGE) Model International Food Policy Research Institute computable general equilibrium models trade policies trade supply and demand capital market labour market The MIRAGE (Modeling International Relationships in Applied General Equilibrium) model is a multi-country, multi-sector dynamic model, developed initially at the Centre d'Etudes Prospectives et d'Informations Internationales (CEPII) in Paris (France). Beyond IFPRI and CEPII, the model is now shared with different institutions such as the European Commission DG Trade and DG Enterprise (Brussels, Belgium), French National Institute for Agricultural Research ( INRA, Paris, France), United Nations Economic Commission for Africa (UNECA, Addis Ababa, Ethiopia), and the World Trade Organization (WTO, Geneva, Switzerland). The MIRAGE model has been developed primarily to study trade policy scenario and has been intensively used to assess bilateral and multilateral agreements. As a global CGE, it provides a rich set of indicators for each region that allows measuring the impact of any policy changes. Such indicators include: changes in production, production factor uses, real wages, value added by sector, real GDP, real income, exports, imports, terms of trade. It can be used under different set of assumptions to be easily adaptable to the issue at stake (perfect and imperfect competition, dynamic or static approach, imperfection on labour markets, alternative macroeconomic closures). As a global model, the GTAP 7 database is its main source of information and can cover 113 regions of the world and up to 57 sectors. However, it has been developed in parallel with the MAcMAp-HS6 database that allows a high detailed of trade policy scenario design. When the dynamic features are used, a realistic baseline is built based on United Nations Agencies demographic projection as well as IMF economic growth assumptions. 2001 2024-10-24T12:43:29Z 2024-10-24T12:43:29Z Manual https://hdl.handle.net/10568/156210 en Open Access International Food Policy Research Institute International Food Policy Research Institute. 2001. Modeling International Relationships in Applied General Equilibrium (MIRAGE) Model. https://hdl.handle.net/10568/156210
spellingShingle computable general equilibrium models
trade policies
trade
supply and demand
capital market
labour market
International Food Policy Research Institute
Modeling International Relationships in Applied General Equilibrium (MIRAGE) Model
title Modeling International Relationships in Applied General Equilibrium (MIRAGE) Model
title_full Modeling International Relationships in Applied General Equilibrium (MIRAGE) Model
title_fullStr Modeling International Relationships in Applied General Equilibrium (MIRAGE) Model
title_full_unstemmed Modeling International Relationships in Applied General Equilibrium (MIRAGE) Model
title_short Modeling International Relationships in Applied General Equilibrium (MIRAGE) Model
title_sort modeling international relationships in applied general equilibrium mirage model
topic computable general equilibrium models
trade policies
trade
supply and demand
capital market
labour market
url https://hdl.handle.net/10568/156210
work_keys_str_mv AT internationalfoodpolicyresearchinstitute modelinginternationalrelationshipsinappliedgeneralequilibriummiragemodel