Title: A Large-Scale Dynamic Multi-Regional CGE Model with an Illustrative Application
Abstract: Computable General Equilibrium Approaches in Urban and Regional Policy Studies, pp. 83-111 (2006) No AccessA Large-Scale Dynamic Multi-Regional CGE Model with an Illustrative ApplicationJAMES A. GIESECKE and JOHN R. MADDENJAMES A. GIESECKECentre of Policy Studies, Monash University, Victoria, Australia and JOHN R. MADDENCentre of Policy Studies, Monash University, Victoria, Australiahttps://doi.org/10.1142/9789812707116_0006Cited by:0 PreviousNext AboutSectionsPDF/EPUB ToolsAdd to favoritesDownload CitationsTrack CitationsRecommend to Library ShareShare onFacebookTwitterLinked InRedditEmail Abstract: This paper describes FEDERAL-F, a large-scale general-purpose multiregional computable general equilibrium model. The model is dynamic and can be used for forecasting, policy analysis and historical analysis. Large-scale CGE models are commonly used in Australia and play a central role in policy analysis. In this paper, we provide an overview of the core of FEDERAL-F's equations via a stylized representation that expresses the model's equations in functional form. An illustrative application demonstrating the power of the model is undertaken. It demonstrates that a feasible state government fiscal policy to halt Tasmania's declining share of national GDP does not exist. This chapter was originally published in Review of Urban and Regional Development Studies, Vol. 15, No. 1, March 2003, and is reprinted here with minor modifications upon the permission from the publisher. FiguresReferencesRelatedDetails Computable General Equilibrium Approaches in Urban and Regional Policy StudiesMetrics History PDF download
Publication Year: 2006
Publication Date: 2006-06-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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