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Library
Notes on TERM, ORANI-G, GTAP, and MINIMAL for teaching and first reading.
2018-08-08
A note on TERMTERM (The Enormous Regional Model) is a bottom-up, multi-regional CGE model of a single country, treating each region as an economy in its own right—suited to region-specific price shocks and imperfect factor mobility.
2018-08-04
A note on ORANI-GORANI was developed in the 1970s under Australia’s IMPACT project and is widely used in academic, government, and industry policy analysis. ORANI-G is a standard teaching and starting model, applied in South Africa, Vietnam, Indonesia, Korea, Thailand, the Philippines, Pakistan, Denmark, China, and Fiji, among others.
2017-09-14
A note on GTAPGTAP, developed at Purdue University, extends a standard CGE framework with a particular strength in tracing the effects of international trade.
2017-05-29
Introduction to CGE modelsA lecture on general versus partial equilibrium, CGE structure, dynamics, trade-policy simulation, and directions of travel.
2016-11-19
MINIMAL: a small CGE for teachingMINIMAL is a small, simplified CGE used to teach databases, theory, solution, and interpretation.