Handbook of Computable General Equilibrium Modeling

Sir John Monash Distinguished Professor, Centre of Policy Studies, Monash University, Australia Professor of Economics, Harvard University, Cambridge, Mass USA

"The chapters in this volume address many of the most challenging economic policy issues facing both developed and developing countries and regions. The book is required reading for anyone wishing to understand the power and range of computable general equilibrium modelling as an input to strategy analysis and policy making." --Larry Dwyer,  University of New South Wales"The rich CGE applications presented in this volume show that CGE modeling is a vital tool for policy analysis.  These chapters will be valuable resources for students and scholars who are interested in new insights and developments." --Jian Xie, The World Bank"This volume is a clearly written, comprehensive review of the state of the art in CGE modeling, and will be of great value both to those who do CGE modeling and those who use CGE model results for policy analysis and evaluation." --David G. Abler, Pennsylvania State University

• Section 1.  Overview1. An introduction to CGE modelingPeter B. Dixon and Dale W. Jorgenson Section 2.  Single-Country CGE Projects2. The MONASH style of CGE modeling: a framework for hisorical, decomposition, forecast and policy simulationsPeter B. Dixon, Robert B. Koopman and Maureen T. Rimmer 3. CGE assessments of fiscal sustainability in NorwayErling Holmoy4. MAMS - a Computable General Equilibrium Model for Developing Country Strategy AnalysisHans Lofgren, Martin Cicowiez and Carolina Diaz-Bonilla 5. The contribution of CGE modeling to policy formulation in developing countriesSherman Robinson and Shantayanan Devarajan 6. Putting services and foreign direct investment into CGE models: reflections on the use of CGE models in policy discussionsDavid Tarr7. Regional CGE ModelingJohn R. Madden and James A. Giesecke 8. IGEM: a model of U.S. economic growth and the environmentDale W. Jorgenson, Peter Wilcoxen and Mun Ho 9. Energy and Environment Modeling in AustraliaPhilip D. Adams and Brian R. Parmenter 10. Tax reform, the cost of capital, and U.S. economic growth Dale W. Jorgenson and Kun-Young Yun 11. Dynamic overlapping generations computational general equilibrium models and the analysis of tax policyJohn W. Diamond and George R. Zodrow Section 3.  Global CGE Projects12. Applied General Equilibrium Analysis using the GTAP FrameworkThomas Hertel13. Estimating effects of price-distorting policies using alternative distortions databases  Kym Anderson, Will Martin and Dominique van der Mensbrugghe 14. Global Dynamic Scenarios—Structural and Environmental Implications Dominique van der Mensbrugghe15. Energy and environment, a global approach: G-cubedWarwick J. McKibbin16. Integrated economic and climate modeling  William NordhausSection 4.  CGE Data, Parameter Estimation, Validation and Computation17. An econometric approach to general equilibrium modeling Dale W. Jorgenson, Hui Jin and Daniel T. Slesnick 18. Trade Elasticity Parameters for a CGE ModelRussell Hillberry and David Hummels 19. Validation of CGE modelsPeter B. Dixon and Maureen T. Rimmer 20. Solution Software for CGE ModelingMark Horridge, Alex Meeraus, Ken Pearson and Thomas F, Rutherford Section 5.  Advancing CGE Methodology21. Income distribution and Computable General Equilibrium models: macro-  micro modellingFrancois Bourguignon and Maurizio Bussolo 22. The New Keynesian approach to dynamic general equilibrium modeling: models, methods and macroeconomic policy evaluationVolker Wieland and Sebastian Schmidt 23. Computing general equilibrium theories of monopolistic competition and heterogeneous firmsEdward J. Balistreri and Thomas F, Rutherford 24. Market Structure in CGE Models of International TradeJoseph Francois, Miriam Manchin and Will Martin 25. CGE modeling of trade in servicesJoseph Francois and Bernard Hoekman 26. Labor market modeling in a CGE contextStefan Boeters and Luc Savard 27. Aging and social insurance in a CGE framework (provisional title)Laurence Kotlikoff, Hans Fehr and Sabine Jokisch