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PHILGEM: A SAM-based Computable General Equilibrium Model of the Philippines

Author

Listed:
  • Erwin L. Corong
  • J. Mark Horridge

Abstract

This paper describes the structure of PHILGEM, a single country computable general equilibrium (CGE) model of the Philippine economy. PHILGEM offers a good starting point for model development, especially for researchers who may want to extend their ORANI-G models to draw on supplementary data coming from a social accounting matrix (SAM). A generic version of the model is described here designed for expository purposes and for adaptation to other countries. The description of PHILGEM's equations and database is closely integrated with an explanation of how the model is solved using the GEMPACK system. Computer files are freely available, which contain a complete model specification and database.

Suggested Citation

  • Erwin L. Corong & J. Mark Horridge, 2012. "PHILGEM: A SAM-based Computable General Equilibrium Model of the Philippines," Centre of Policy Studies/IMPACT Centre Working Papers g-227, Victoria University, Centre of Policy Studies/IMPACT Centre.
    • Handle: RePEc:cop:wpaper:g-227
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    References listed on IDEAS

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    1. Mark Horridge, 2000. "ORANI-G: A General Equilibrium Model of the Australian Economy," Centre of Policy Studies/IMPACT Centre Working Papers op-93, Victoria University, Centre of Policy Studies/IMPACT Centre.
    2. Jeffrey Round, 2003. "Constructing SAMs for Development Policy Analysis: Lessons Learned and Challenges Ahead," Economic Systems Research, Taylor & Francis Journals, vol. 15(2), pages 161-183.
    3. B. R. Parmenter & G. A. Meagher, 1985. "Policy Analysis Using a Computable General Equilibrium Model: A Review of Experience at the IMPACT Project," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 18(1), pages 3-15, March.
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    Cited by:

    1. Francois J. Stofberg & Jan H. van Heerden & Heinrich R. Bohlmann, 2020. "A Fiscus for Better Economic and Social Development in South Africa," Working Papers 202072, University of Pretoria, Department of Economics.
    2. pohit, sanjib & Bhattacharya, Anindya & Chaudhuri, Chetana & Beena, P.L. & Mathur, Somya & Pratap, Devender & Mallik, Hrushikesh & Meena, Mohit & Jain, Ritika & Thampi, Malavika, 2024. "Challenges and Policy Implications for Low-Carbon Pathway for Kerala: An Integrated Assessment Modelling Approach," MPRA Paper 120363, University Library of Munich, Germany.
    3. Nugroho, Anda & Amir, Hidayat & Maududy, Irsyan & Marlina, Irma, 2021. "Poverty eradication programs in Indonesia: Progress, challenges and reforms," Journal of Policy Modeling, Elsevier, vol. 43(6), pages 1204-1224.
    4. Gesualdo, Maria & Rosignoli, Stefano, 2013. "Building a computable general equilibium model (cge) on a regional sam: the case of Tuscany," MPRA Paper 81412, University Library of Munich, Germany.
    5. Renuka Mahadevan & Hidayat Amir & Anda Nugroho, 2017. "Regional impacts of tourism-led growth on poverty and income inequality," Tourism Economics, , vol. 23(3), pages 614-631, May.
    6. Cabalu, Helen & Koshy, Paul & Corong, Erwin & Rodriguez, U-Primo E. & Endriga, Benjamin A., 2015. "Modelling the impact of energy policies on the Philippine economy: Carbon tax, energy efficiency, and changes in the energy mix," Economic Analysis and Policy, Elsevier, vol. 48(C), pages 222-237.
    7. Freire, Debora & Domingues, Edson & Britto, Gustavo, 2019. "Asymmetries in the taxation of labor and capital income: impacts of changes in the structure of personal income taxation in Brazil," Conference papers 333110, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    8. Mahadevan, Renuka & Nugroho, Anda & Amir, Hidayat, 2017. "Do inward looking trade policies affect poverty and income inequality? Evidence from Indonesia's recent wave of rising protectionism," Economic Modelling, Elsevier, vol. 62(C), pages 23-34.
    9. Proque, Andressa Lemes & Betarelli Junior, Admir Antonio & Perobelli, Fernando Salgueiro, 2022. "Fuel tax, cross subsidy and transport: Assessing the effects on income and consumption distribution in Brazil," Research in Transportation Economics, Elsevier, vol. 95(C).
    10. Stofberg, F.J. & van Heerden, J.H. & Horridge, M. & Roos, L., 2022. "A fiscus for better economic and social development in South Africa," Conference papers 333392, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    11. Freire, Debora & Domingues, Edson & Britto, Gustavo, 2018. "Structural impacts of a cash transfer program: an application of a SAM based CGE model for Brazil," Conference papers 332987, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    12. Corong, Erwin, 2013. "Gender dimensions and poverty implications of global trade liberalization in the Philippines," Conference papers 332404, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Chun-Chiang Feng & Kuei-Feng Chang & Jin-Xu Lin & Shih-Mo Lin, 2020. "The Distributional Effect of A Carbon Tax on Income in Taiwan," Sustainability, MDPI, vol. 12(4), pages 1-17, February.

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    More about this item

    Keywords

    CGE modelling; Social Accounting Matrix; Philippines;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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