A standard computable general equilibrium (CGE) model in GAMS

Computable general equilibrium (CGE) models are used widely in policy analysis. The purpose of this paper is to contribute to and facilitate the use of CGE models. The paper includes a detailed presentation of a “standard” CGE model (an equation-by-equation description) and its required database. It...

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Main Authors: Lofgren, Hans, Harris, Rebecca Lee, Robinson, Sherman
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2001
Subjects:
Online Access:https://hdl.handle.net/10568/158026
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author Lofgren, Hans
Harris, Rebecca Lee
Robinson, Sherman
author_browse Harris, Rebecca Lee
Lofgren, Hans
Robinson, Sherman
author_facet Lofgren, Hans
Harris, Rebecca Lee
Robinson, Sherman
author_sort Lofgren, Hans
collection Repository of Agricultural Research Outputs (CGSpace)
description Computable general equilibrium (CGE) models are used widely in policy analysis. The purpose of this paper is to contribute to and facilitate the use of CGE models. The paper includes a detailed presentation of a “standard” CGE model (an equation-by-equation description) and its required database. It incorporates features developed in recent years in research projects conducted at IFPRI. These features, which are of particular importance in developing countries, include household consumption of non-marketed (or “home”) commodities, explicit treatment of transaction costs for commodities that enter the market sphere, and a separation between producing activities and commodities that permits any activity to produce multiple commodities and any commodity to be produced by multiple activities. The paper discusses the implementation of the model in GAMS (the General Algebraic Modeling System) and is accompanied by a self-extracting zip file, which includes the GAMS files for the model, sample databases, simulations, solution reports, and a SAM aggregation program. Although the paper provides a standardized framework for analysis, the analyst is not forced to make “one-size-fits-all” assumptions. The GAMS code is written in a manner that gives the analyst considerable flexibility in model specification.
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spelling CGSpace1580262025-11-06T06:28:36Z A standard computable general equilibrium (CGE) model in GAMS Lofgren, Hans Harris, Rebecca Lee Robinson, Sherman household consumption economic policies mathematical models computable general equilibrium models Computable general equilibrium (CGE) models are used widely in policy analysis. The purpose of this paper is to contribute to and facilitate the use of CGE models. The paper includes a detailed presentation of a “standard” CGE model (an equation-by-equation description) and its required database. It incorporates features developed in recent years in research projects conducted at IFPRI. These features, which are of particular importance in developing countries, include household consumption of non-marketed (or “home”) commodities, explicit treatment of transaction costs for commodities that enter the market sphere, and a separation between producing activities and commodities that permits any activity to produce multiple commodities and any commodity to be produced by multiple activities. The paper discusses the implementation of the model in GAMS (the General Algebraic Modeling System) and is accompanied by a self-extracting zip file, which includes the GAMS files for the model, sample databases, simulations, solution reports, and a SAM aggregation program. Although the paper provides a standardized framework for analysis, the analyst is not forced to make “one-size-fits-all” assumptions. The GAMS code is written in a manner that gives the analyst considerable flexibility in model specification. 2001 2024-10-24T12:53:14Z 2024-10-24T12:53:14Z Working Paper https://hdl.handle.net/10568/158026 en Open Access application/pdf International Food Policy Research Institute Lofgren, Hans; Harris, Rebecca Lee; Robinson, Sherman. 2001. A standard computable general equilibrium (CGE) model in GAMS. TMD Discussion Paper 75. https://hdl.handle.net/10568/158026
spellingShingle household consumption
economic policies
mathematical models
computable general equilibrium models
Lofgren, Hans
Harris, Rebecca Lee
Robinson, Sherman
A standard computable general equilibrium (CGE) model in GAMS
title A standard computable general equilibrium (CGE) model in GAMS
title_full A standard computable general equilibrium (CGE) model in GAMS
title_fullStr A standard computable general equilibrium (CGE) model in GAMS
title_full_unstemmed A standard computable general equilibrium (CGE) model in GAMS
title_short A standard computable general equilibrium (CGE) model in GAMS
title_sort standard computable general equilibrium cge model in gams
topic household consumption
economic policies
mathematical models
computable general equilibrium models
url https://hdl.handle.net/10568/158026
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