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CGE modeling for the economic assessment of mega-events: A tentative cookbook

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  • Sartori, Martina

Abstract

This paper aims at making available an interpretative framework to cast the different contributions on the economic assessment of mega-events by means of a computable general equilibrium model. A taxonomy of existing models and approaches is carried out, to clarify to what extent the differences in results are due to the various modeling choices. Their differences and relationships are highlighted, while also providing a standardized reference for future studies. A computable general equilibrium modeling solution that can balance the need to keep the model simple and the need to understand if the hosting country obtains long-term economic gains is suggested.

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  • Sartori, Martina, 2017. "CGE modeling for the economic assessment of mega-events: A tentative cookbook," Conference papers 332841, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:332841
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    File URL: https://ageconsearch.umn.edu/record/332841/files/8580.pdf
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    References listed on IDEAS

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    1. Giles Atkinson & Susana Mourato & Stefan Szymanski & Ece Ozdemiroglu, 2008. "Are We Willing to Pay Enough to `Back the Bid'?: Valuing the Intangible Impacts of London's Bid to Host the 2012 Summer Olympic Games," Urban Studies, Urban Studies Journal Limited, vol. 45(2), pages 419-444, February.
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    3. Burfisher,Mary E., 2011. "Introduction to Computable General Equilibrium Models," Cambridge Books, Cambridge University Press, number 9780521766968, December.
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    6. Olivier Bontout & Sébastien Jean, 1998. "Wages and Unemployment: Trade-off Under Different Labour Market Paradigms," Working Papers 1998-13, CEPII research center.
    7. Burfisher,Mary E., 2011. "Introduction to Computable General Equilibrium Models," Cambridge Books, Cambridge University Press, number 9780521139779, December.
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