Specifying parameters in computable general equilibrium models using optimal fingerprint detection methods
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2007.
"How confident can we be of CGE-based assessments of Free Trade Agreements?,"
Economic Modelling, Elsevier, vol. 24(4), pages 611-635, July.
- Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2003. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," Conference papers 331134, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Hertel, Thomas & David Hummels & Maros Ivanic & Roman Keeney, 2003. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," GTAP Working Papers 1324, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Thomas Hertel & David Hummels & Maros Ivanic & Roman Keeney, 2004. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," NBER Working Papers 10477, National Bureau of Economic Research, Inc.
- Liu, Jing & Arndt, Channing, 2004.
"Parameter Estimation and Measures of Fit in A Global, General Equilibrium Model,"
Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 19, pages 626-649.
- Liu, Jing & Channing Arndt & Thomas Hertel, 2003. "Parameter Estimation and Measures of Fit in A Global, General Equilibrium Model," GTAP Working Papers 1200, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Kehoe, Timothy J & Polo, Clemente & Sancho, Ferran, 1995.
"An Evaluation of the Performance of an Applied General Equilibrium Model of the Spanish Economy,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 115-141, June.
- Timothy J. Kehoe & Clemente Polo & Ferran Sancho, 1994. "An evaluation of the performance of an applied general equilibrium model of the Spanish economy," Working Papers 480, Federal Reserve Bank of Minneapolis.
- Rutherford, Thomas F, 1999. "Applied General Equilibrium Modeling with MPSGE as a GAMS Subsystem: An Overview of the Modeling Framework and Syntax," Computational Economics, Springer;Society for Computational Economics, vol. 14(1-2), pages 1-46, October.
- Browning, Martin & Hansen, Lars Peter & Heckman, James J., 1999.
"Micro data and general equilibrium models,"
Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 8, pages 543-633,
Elsevier.
- Martin Browning & Lars Peter Hansen & James J. Heckman, 1999. "Micro Data and General Equilibrium Models," Discussion Papers 99-10, University of Copenhagen. Department of Economics.
- Marcel Timmer & Abdul A. Erumban & Reitze Gouma & Bart Los & Umed Temurshoev & Gaaitzen J. de Vries & I–aki Arto & Valeria Andreoni AurŽlien Genty & Frederik Neuwahl & JosŽ M. Rueda?Cantuche & Joseph , 2012. "The World Input-Output Database (WIOD): Contents, Sources and Methods," IIDE Discussion Papers 20120401, Institue for International and Development Economics.
- Harrison, Glenn W & Vinod, H D, 1992. "The Sensitivity Analysis of Applied General Equilibrium Models: Completely Randomized Factorial Sampling Designs," The Review of Economics and Statistics, MIT Press, vol. 74(2), pages 357-362, May.
- McKitrick, Ross R., 1998. "The econometric critique of computable general equilibrium modeling: the role of functional forms," Economic Modelling, Elsevier, vol. 15(4), pages 543-573, October.
- Hermeling, Claudia & Löschel, Andreas & Mennel, Tim, 2013. "A new robustness analysis for climate policy evaluations: A CGE application for the EU 2020 targets," Energy Policy, Elsevier, vol. 55(C), pages 27-35.
- J.J. Heckman & E.E. Leamer (ed.), 2001. "Handbook of Econometrics," Handbook of Econometrics, Elsevier, edition 1, volume 5, number 5.
- Böhringer, Christoph & Rutherford, Thomas Fox & Wiegard, Wolfgang, 2003. "Computable general equilibrium analysis: Opening a black box," ZEW Discussion Papers 03-56, ZEW - Leibniz Centre for European Economic Research.
- Kehoe, Timothy J., 2002.
"An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA,"
Conference papers
331066, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Timothy J. Kehoe, 2003. "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA," Levine's Working Paper Archive 506439000000000525, David K. Levine.
- Timothy J. Kehoe, 2003. "An evaluation of the performance of applied general equilibrium models of the impact of NAFTA," Staff Report 320, Federal Reserve Bank of Minneapolis.
- Erik Dietzenbacher & Bart Los & Robert Stehrer & Marcel Timmer & Gaaitzen de Vries, 2013. "The Construction Of World Input-Output Tables In The Wiod Project," Economic Systems Research, Taylor & Francis Journals, vol. 25(1), pages 71-98, March.
- Koesler, Simon & Pothen, Frank, 2013. "The Basic WIOD CGE Model: A computable general equilibrium model based on the World Input-Output Database," ZEW Dokumentationen 13-04, ZEW - Leibniz Centre for European Economic Research.
- Kehoe,Timothy J. & Srinivasan,T. N. & Whalley,John (ed.), 2005. "Frontiers in Applied General Equilibrium Modeling," Cambridge Books, Cambridge University Press, number 9780521825252, January.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Hermeling, Claudia & Klement, Jan Henrik & Koesler, Simon & Köhler, Jonathan & Klement, Dorothee, 2015. "Sailing into a dilemma," Transportation Research Part A: Policy and Practice, Elsevier, vol. 78(C), pages 34-53.
- Robson, Edward N. & Wijayaratna, Kasun P. & Dixit, Vinayak V., 2018. "A review of computable general equilibrium models for transport and their applications in appraisal," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 31-53.
- María C. Latorre, 2009. "The economic analysis of multinationals and foreign direct investment: a review," Hacienda Pública Española / Review of Public Economics, IEF, vol. 191(4), pages 97-126, December.
- Oliver Schenker & Simon Koesler & Andreas Löschel, 2018.
"On the effects of unilateral environmental policy on offshoring in multi‐stage production processes,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 51(4), pages 1221-1256, November.
- Oliver Schenker & Simon Koesler & Andreas Löschel, 2018. "On the effects of unilateral environmental policy on offshoring in multi-stage production processes," Canadian Journal of Economics, Canadian Economics Association, vol. 51(4), pages 1221-1256, November.
- Schenker, Oliver & Koesler, Simon & Löschel, Andreas, 2014. "On the effects of unilateral environmental policy on offshoring in multi-stage production processes," ZEW Discussion Papers 14-121, ZEW - Leibniz Centre for European Economic Research.
- Schenker, Oliver & Koesler, Simon & Löschel, Andreas, 2014. "On the effects of unilateral environmental policy on offshoring in multi-stage production processes," CAWM Discussion Papers 77, University of Münster, Münster Center for Economic Policy (MEP).
- Joshua Elliott & Meredith Franklin & Ian Foster & Todd Munson & Margaret Loudermilk, 2012. "Propagation of Data Error and Parametric Sensitivity in Computable General Equilibrium Models," Computational Economics, Springer;Society for Computational Economics, vol. 39(3), pages 219-241, March.
- Mark Partridge & Dan Rickman, 2010.
"Computable General Equilibrium (CGE) Modelling for Regional Economic Development Analysis,"
Regional Studies, Taylor & Francis Journals, vol. 44(10), pages 1311-1328.
- Mark D. Partridge & Dan S. Rickman, 2007. "CGE Modeling for Regional Economic Development Analysis," Economics Working Paper Series 0706, Oklahoma State University, Department of Economics and Legal Studies in Business.
- Dan S. Rickman, 2010. "Modern Macroeconomics And Regional Economic Modeling," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 23-41, February.
- Dixon, Peter B. & Rimmer, Maureen T., 2013. "Validation in Computable General Equilibrium Modeling," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1271-1330, Elsevier.
- Koesler, Simon & Pothen, Frank, 2013. "The Basic WIOD CGE Model: A computable general equilibrium model based on the World Input-Output Database," ZEW Dokumentationen 13-04, ZEW - Leibniz Centre for European Economic Research.
- Abler, David G., 2006. "Approaches to Measuring the Effects of Trade Agreements," Commissioned Papers 140762, Canadian Agricultural Trade Policy Research Network.
- Hertel, Thomas, 2013. "Global Applied General Equilibrium Analysis Using the Global Trade Analysis Project Framework," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 815-876, Elsevier.
- Latorre, María C. & Bajo-Rubio, Oscar & Gómez-Plana, Antonio G., 2009.
"The effects of multinationals on host economies: A CGE approach,"
Economic Modelling, Elsevier, vol. 26(5), pages 851-864, September.
- Muñoz , Maria C. Latorre & Rubio, Oscar Bajo & Gómez-Plana, Antonio Gómez, 2007. "The effects of multinationals on host economies: A CGE approach," Conference papers 331664, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Hertel, Thomas W. & Keeney, Roman & Valenzuela, Ernesto, 2004.
"Global Analysis of Agricultural Trade Liberalization: Assessing Model Validity,"
Conference papers
331270, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Hertel, Thomas W. & Keeney, Roman & Valenzuela, Ernesto, 2004. "Global Analysis Of Agricultural Trade Liberalization: Assessing Model Validity," 2004 Annual meeting, August 1-4, Denver, CO 20199, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Koesler, Simon & Swales, Kim & Turner, Karen, 2014. "Beyond national economy-wide rebound effects: An applied general equilibrium analysis incorporating international spillover effects," ZEW Discussion Papers 14-025, ZEW - Leibniz Centre for European Economic Research.
- Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2007.
"How confident can we be of CGE-based assessments of Free Trade Agreements?,"
Economic Modelling, Elsevier, vol. 24(4), pages 611-635, July.
- Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2003. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," Conference papers 331134, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Thomas Hertel & David Hummels & Maros Ivanic & Roman Keeney, 2004. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," NBER Working Papers 10477, National Bureau of Economic Research, Inc.
- Hertel, Thomas & David Hummels & Maros Ivanic & Roman Keeney, 2003. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," GTAP Working Papers 1324, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Oscar Bajo-Rubio & Antonio G. Gómez-Plana, 2015.
"Alternative strategies to reduce public deficits: Taxes vs. spending,"
Journal of Applied Economics, Universidad del CEMA, vol. 18, pages 45-70, May.
- Oscar Bajo-Rubio & Antonio G. Gómez-Plana, 2015. "Alternative Strategies to Reduce Public Deficits: Taxes vs. Spending," Journal of Applied Economics, Taylor & Francis Journals, vol. 18(1), pages 45-70, May.
- Oscar Bajo-Rubio & Antonio G. Gómez-Plana, 2013. "Alternative strategies to reduce public deficits: Taxes vs. spending," Working Papers 13-02, Asociación Española de Economía y Finanzas Internacionales.
- Costinot, Arnaud & RodrÃguez-Clare, Andrés, 2014.
"Trade Theory with Numbers: Quantifying the Consequences of Globalization,"
Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 197-261,
Elsevier.
- RodrÃguez-Clare, Andres & Costinot, Arnaud, 2013. "Trade Theory with Numbers: Quantifying the Consequences of Globalization," CEPR Discussion Papers 9398, C.E.P.R. Discussion Papers.
- Arnaud Costinot & Andrés Rodríguez-Clare, 2013. "Trade Theory with Numbers: Quantifying the Consequences of Globalization," NBER Working Papers 18896, National Bureau of Economic Research, Inc.
- M. Alejandro Cardenete & M. Carmen Lima & Ferran Sancho, 2017.
"Validating Policy‐Induced Economic Change Using Sequential General Equilibrium SAMs,"
Journal of Forecasting, John Wiley & Sons, Ltd., vol. 36(3), pages 291-304, April.
- M. Alejandro Cardenete & M. Carmen Lima & Ferran Sancho, 2012. "VALIDATING POLICY INDUCED ECONOMIC CHANGE USING SEQUENTIAL GENERAL EQUILIBRIUM SAMs," UFAE and IAE Working Papers 893.12, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Johannes Ziesmer & Ding Jin & Sneha D Thube & Christian Henning, 2023. "A Dynamic Baseline Calibration Procedure for CGE models," Computational Economics, Springer;Society for Computational Economics, vol. 61(4), pages 1331-1368, April.
- Riccardo Magnani & Jean Mercenier, 2007. "On linking microsimulation and applied GE by exact aggregation of heterogeneous discrete-choice making agents," THEMA Working Papers 2007-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
More about this item
Keywords
CGE modelling; sensitivity analysis; model validation parameter specification; substitution elasticities;All these keywords.
JEL classification:
- C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
- 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
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CMP-2014-11-28 (Computational Economics)
- NEP-ORE-2014-11-28 (Operations Research)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:zewdip:14092. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zemande.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.