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Relevant bibliographies by topics / Computable General Equilibrium (GCE) model

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Journal articles

Academic literature on the topic 'Computable General Equilibrium (GCE) model'

Author: Grafiati

Published: 10 August 2021

Last updated: 1 February 2022

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Journal articles on the topic "Computable General Equilibrium (GCE) model"

1

Ismail, Saba, and Shahid Ahmed. "Economic Effects of Tariff Liberalization of Prospective India-GCC FTA: A Computable General Equilibrium Analysis." Foreign Trade Review 54, no. 3 (2019): 224–52. http://dx.doi.org/10.1177/0015732519854934.

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The trade relations between India and the Gulf Cooperation Council (GCC) countries have been intensified during the last two decades. The GCC has emerged as one of the largest trading partner of India. This article attempts to investigate the result of tariff liberalization on welfare, output, employment and the potential trade flows between India and the GCC region using the GTAP-model. The study reveals that tariff liberalization has positive effects on India and GCC countries, with no or nominal negative effect on the rest of the world. Overall results show that India’s trade relation with GCC countries is increasing continuously, but still there is a lot of untapped potential to bring the welfare gains for both trading partners. Finally, the study concludes that the proposed economic integration in terms of FTA between India and GCC will be mutually beneficial and welfare enhancing, and a case of a win–win situation. JEL Codes: F1, F13, F14, F17

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2

Roos, Elizabeth L., and Philip D. Adams. "The Economy-Wide Impact of Subsidy Reform: A CGE Analysis." World Trade Review 19, S1 (2020): s18—s38. http://dx.doi.org/10.1017/s1474745620000257.

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AbstractOil prices fell from around $US110 per barrel in 2014 to less than $US50per barrel at the start of 2017. This put enormous pressure on government budgets within the Gulf Cooperation Council (GCC) region. The focus of GCC economic policies quickly shifted to fiscal reform, including the removal of domestic subsidies on energy products. In this paper, we use a dynamic Computable General Equilibrium (CGE) model to investigate the economic impact of the gradual removal of subsidies on refined petroleum and electricity, with specific reference to the Kingdom of Saudi Arabia (KSA).Our study shows that removing subsidies eliminates a large distortion in the economy. This improves the efficiency of resource use, so that even though employment and capital in most years fall relative to baseline levels, real GDP rises. In addition, we show that fully-funded compensation payments offset the increases in energy prices, leaving economic welfare of the Saudi-national population little affected. Removing the energy subsidies leads to an improvement in the net volume of trade, while leading to a mixed outcome for industries.

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KOIKE, Atsushi, Yoshifumi ISHIKAWA, Takayuki UEDA, and Mitsugu KOUNO. "Computable General Equilibrium Model for Urban Area." INFRASTRUCTURE PLANNING REVIEW 20 (2003): 79–85. http://dx.doi.org/10.2208/journalip.20.79.

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Škare, Marinko, and Saša Stjepanovič. "Computable General Equilibrium Model for Croatian Economy." Economic Research-Ekonomska Istraživanja 24, no. 2 (2011): 44–59. http://dx.doi.org/10.1080/1331677x.2011.11517454.

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5

Nechyba, Thomas. "A computable general equilibrium model of intergovernmental aid." Journal of Public Economics 62, no. 3 (1996): 363–97. http://dx.doi.org/10.1016/0047-2727(95)01565-5.

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6

Konan, Demise Eby, and Karl Kim. "Transportation and Tourism in Hawaii: Computable General Equilibrium Model." Transportation Research Record: Journal of the Transportation Research Board 1839, no. 1 (2003): 142–49. http://dx.doi.org/10.3141/1839-16.

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Using data from the state of Hawaii input-output (I-O) table, the economic impact of the transportation sector in Hawaii was described, modeled, and forecast under a number of alternative scenarios. Transportation is compared with the key economic sectors in the state in output, exports, household consumption, visitor spending, number of employees, and compensation of employees. Next, the overall transportation sector was disaggregated into key activities and functions to present a more complete picture of the important role of transportation in Hawaii. A computable general equilibrium (CGE) model of the economy with a special focus on transportation is developed. Because tourism is the state's leading sector, the effects of both an increase and a decrease in visitor expenditures were modeled. Both measuring the economic importance of transportation in Hawaii and estimating probable consequences of potential economic changes are of interest. The visitor industry dominates Hawaii's economy, with small increases in visitor expenditures contributing significantly to the gross state product. Transportation industries, along with restaurant and accommodation services, account for a disproportionately large share of this growth. Key residential transportation sectors (transit and motor vehicles) contract in response to cost increases generated by a growth in visitor demand. The use of the I-O table and CGE modeling provides a useful analytical and planning tool for evaluating economic scenarios within a region such as Hawaii. The increased availability of both data sets and new modeling techniques offers opportunities to planners, engineers, and transportation policy makers.

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Addy, Samuel N. "Note on a computable general equilibrium model for Ghana." Journal of Policy Modeling 23, no. 7 (2001): 821–24. http://dx.doi.org/10.1016/s0161-8938(01)00062-x.

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8

Gesualdo, Maria, James A. Giesecke, Nhi H. Tran, and Francesco Felici. "Building a computable general equilibrium tax model for Italy." Applied Economics 51, no. 56 (2019): 6009–20. http://dx.doi.org/10.1080/00036846.2019.1646875.

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9

Horridge, Mark. "A computable general equilibrium model of urban transport demands." Journal of Policy Modeling 16, no. 4 (1994): 427–57. http://dx.doi.org/10.1016/0161-8938(94)90037-x.

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10

Das, Koushik, and Pinaki Chakraborti. "General Equilibrium Analysis of Strategic Trade: A Computable General Equilibrium Model for India." IIM Kozhikode Society & Management Review 3, no. 2 (2014): 165–81. http://dx.doi.org/10.1177/2277975214542060.

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