Spatial-network, general-equilibrium model with a stylized application

Spatial aspects of economic policy are often important. However, multi-region computable general equilibrium (CGE) models have rarely explicitly treated geographical space. This paper develops a spatial-network, mixed-complementarity CGE model, incorporating formulations from partial-equilibrium pro...

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Main Authors: Lofgren, Hans, Robinson, Sherman
Format: Journal Article
Language:Inglés
Published: Elsevier 2002
Subjects:
Online Access:https://hdl.handle.net/10568/156503
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author Lofgren, Hans
Robinson, Sherman
author_browse Lofgren, Hans
Robinson, Sherman
author_facet Lofgren, Hans
Robinson, Sherman
author_sort Lofgren, Hans
collection Repository of Agricultural Research Outputs (CGSpace)
description Spatial aspects of economic policy are often important. However, multi-region computable general equilibrium (CGE) models have rarely explicitly treated geographical space. This paper develops a spatial-network, mixed-complementarity CGE model, incorporating formulations from partial-equilibrium programming models. We implement the model with a prototype data set for a stylized, poor, developing country with rural regions linked to an urban region that is linked to international markets. We demonstrate that the model provides a good framework for analyzing the impact of higher world prices and reduced domestic transportation costs and that the explicit incorporation of space has a strong impact on simulation results.
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spelling CGSpace1565032025-01-24T08:53:21Z Spatial-network, general-equilibrium model with a stylized application Lofgren, Hans Robinson, Sherman trade policies agriculture computable general equilibrium models transport rural poor developing countries urban development international policies Spatial aspects of economic policy are often important. However, multi-region computable general equilibrium (CGE) models have rarely explicitly treated geographical space. This paper develops a spatial-network, mixed-complementarity CGE model, incorporating formulations from partial-equilibrium programming models. We implement the model with a prototype data set for a stylized, poor, developing country with rural regions linked to an urban region that is linked to international markets. We demonstrate that the model provides a good framework for analyzing the impact of higher world prices and reduced domestic transportation costs and that the explicit incorporation of space has a strong impact on simulation results. 2002-09 2024-10-24T12:44:24Z 2024-10-24T12:44:24Z Journal Article https://hdl.handle.net/10568/156503 en Limited Access Elsevier Lofgren, Hans; Robinson, Sherman. 2002. Spatial-network, general-equilibrium model with a stylized application. Regional Science And Urban Economics 32(5): 651-671. https://doi.org/10.1016/S0166-0462(01)00099-0
spellingShingle trade policies
agriculture
computable general equilibrium models
transport
rural poor
developing countries
urban development
international policies
Lofgren, Hans
Robinson, Sherman
Spatial-network, general-equilibrium model with a stylized application
title Spatial-network, general-equilibrium model with a stylized application
title_full Spatial-network, general-equilibrium model with a stylized application
title_fullStr Spatial-network, general-equilibrium model with a stylized application
title_full_unstemmed Spatial-network, general-equilibrium model with a stylized application
title_short Spatial-network, general-equilibrium model with a stylized application
title_sort spatial network general equilibrium model with a stylized application
topic trade policies
agriculture
computable general equilibrium models
transport
rural poor
developing countries
urban development
international policies
url https://hdl.handle.net/10568/156503
work_keys_str_mv AT lofgrenhans spatialnetworkgeneralequilibriummodelwithastylizedapplication
AT robinsonsherman spatialnetworkgeneralequilibriummodelwithastylizedapplication