Download or read book Applied General Equilibrium Modeling with MPSGE as a GAMS Subsystem written by Thomas F. Rutherford and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Exercises in General Equilibrium Modeling Using GAMS written by Hans Lofgren and published by Intl Food Policy Res Inst. This book was released on 2000 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Frontiers in Applied General Equilibrium Modeling written by Timothy J. Kehoe and published by Cambridge University Press. This book was released on 2005-01-17 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2005 volume brings together twelve papers by many of the most prominent applied general equilibrium modelers honoring Herbert Scarf, the father of equilibrium computation in economics. It deals with developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some modern topics in the field, including non-convexities in economy-wide models, tax policy, developmental modeling and energy modeling. The book also covers a range of distinct approaches, conceptual issues and computational algorithms, such as calibration and areas of application such as macroeconomics of real business cycles and finance. An introductory chapter written by the editors maps out issues and scenarios for the future evolution of applied general equilibrium.

Download or read book The Structure of Applied General Equilibrium Models written by Victor Ginsburgh and published by MIT Press. This book was released on 2002 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bridges the gap between applied and theoretical general equilibrium models.

Download or read book Equilibrium Models in an Applied Framework written by Ronny Norén and published by Springer Science & Business Media. This book was released on 2013-02-26 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives the historical development, explanations of technical specifications, and a basic understanding of how to use different equilibrium models in an applied framework. It contains an accessible analytical survey of economic equilibrium models, including multi-sector programming models (linear and quadratic) and the computable general equilibrium (CGE) model. The book introduces the importance of disinvestment, and hence, a model of economic transformation is developed. Finally, the globalisation process of the production system is examined. The equilibrium models in this book are presented in an easy way. Although the book is primarily written for advanced undergraduates and beginning graduates, the reading of the book will appeal to anyone interested in economic theory and applied modelling in the field of economics.

Download or read book Handbook of Computable General Equilibrium Modeling written by Peter B. Dixon and published by Newnes. This book was released on 2013-11-14 with total page 1143 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results Shows how CGE modeling has made a contribution to economic policy

Download or read book A Standard Computable General Equilibrium CGE Model in GAMS written by Hans Lofgren and published by Intl Food Policy Res Inst. This book was released on 2002-01-01 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this manual is to contribute to and facilitate the use of computable general equilibrium (CGE) models in the analysis of issues related to food policy in developing countries. The volume includes a detailed presentation of a static “standard” CGE model and its required database and incorporates features of particular importance in developing countries. The manual discusses the implementation of the model in GAMS and is accompanied by a CD-ROM that includes the GAMS software (free demo system), the GAMS input files for the model, sample databases, simulations, solution reports, and a social accounting matrix (SAM) aggregation program. Although the volume provides a standardized framework for analysis, the analyst is not forced to make “one-size-fits-all” assumptions. The GAMS code is written to give the analyst considerable flexibility in model specification.

Download or read book Textbook of Computable General Equilibrium Modeling written by Nobuhiro Hosoe and published by Springer. This book was released on 2010-06-30 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a comprehensive A-to-Z guide for computable general equilibrium (CGE) models, which can analyze various economic issues empirically. CGE Models been widely used for investigating the impacts of economic integration, eco-taxes on environmental problems, regulatory reforms, taxation reforms and transportation system planning.

Download or read book Handbook of Computable General Equilibrium Modeling written by Peter B. Dixon and published by Newnes. This book was released on 2013-10-25 with total page 1538 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of 16 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results Shows how CGE modeling has made a contribution to economic policy

Download or read book Economic Equilibrium Modeling with GAMS written by Thomas F. Rutherford and published by . This book was released on 1998 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Notes and Problems in Applied General Equilibrium Economics written by K.R. Pearson and published by Elsevier. This book was released on 2014-06-28 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: "General-equilibrium" refers to an analytical approach which looks at the economy as a complete system of inter-dependent components (industries, households, investors, governments, importers and exporters). "Applied" means that the primary interest is in systems that can be used to provide quantitative analysis of economic policy problems in particular countries. Reflecting the authors' belief in the models as vehicles for practical policy analysis, a considerable amount of material on data and solution techniques as well as on theoretical structures has been included. The sequence of chapters follows what is seen as the historical development of the subject. The book is directed at graduate students and professional economists who may have an interest in constructing or applying general equilibrium models. The exercises and readings in the book provide a comprehensive introduction to applied general equilibrium modeling. To enable the reader to acquire hands-on experience with computer implementations of the models which are described in the book, a companion set of diskettes is available.

Download or read book Policy Evaluation with Computable General Equilibrium Models written by Amedeo Fossati and published by Routledge. This book was released on 2003-09-02 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computable General Equilibrium (CGE) modelling is a relatively new field in economics, however, it is rapidly becoming one of the most useful tools for policy evaluation. This book applies CGE modelling to some of the most urgent international economic policy problems, including the Kyoto Protocol, pension reform, and income taxation, and also analyses the methodological issues that arise.

Download or read book Macroeconomic Consequences of Demographic Change written by Sebastian Rausch and published by Springer Science & Business Media. This book was released on 2009-04-03 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book represents a culmination of my Ph.D. research conducted at the Ruhr Graduate School in Economics and at the University of Duisburg-Essen from Oc- ber 2005 to April 2008. Many people have generously contributed their time, ex- rience and resources towards the success of this dissertation. First and foremost, I would like to thank Prof. Dr. Volker Clausen, a great sup- visor, who has always encouraged my work. It has been a pleasure to work under his excellent guidance. His steady engagement and support have provided me the kind of working environment that has proved to be instrumental in writing this thesis. I am also grateful to my second supervisor, Prof. Dr. Thomas F. Rutherford, who has inspired my work from the beginning. This thesis would de?nitely not have been possible without his innumerable and fundamental contributions in the area of c- putational economics. As a co-author of Chapter 2 of this thesis, he was a pleasure to collaborate with and learn from.

Download or read book Optimization of Biomass to Liquid Plant Setups and Capacity Using Nonlinear Programming written by Lars-Peter Lauven and published by Cuvillier Verlag. This book was released on 2011-10-12 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Potentially rising oil prices caused by an increasing relative scarcity of mineral oil have farreaching consequences for the transportation sector, the chemical industry and mineral oil companies in particular. As national laws in Germany require biofuels to be mixed into conventional fuel to an increasing extend (BioKraftQuG 2009), mineral oil companies need to identify economically competitive as well as technically feasible biofuel production processes to meet these requirements. A first generation of biofuels was introduced on a large scale but has been criticized for competing with the agricultural production of food and for yielding relatively modest quantities of fuel per hectare of agricultural land. For this reason, 2nd generation biofuel production pathways such as Biomass-to-Liquid (BtL), which convert lignocellulosic material into liquid hydrocarbons using Fischer-Tropsch synthesis, have been developed. While 2nd generation biofuels are superior to their 1st generation counterparts from a yield-per-hectare-perspective and cause less competition for agricultural soils, a significant disadvantage is the considerable investment required for the construction of Biomass-to-Liquid plants. The corresponding investment-related costs affect the competitiveness of 2nd generation biofuels negatively, leaving it in doubt whether BtL fuels could become an economically viable option. A frequently discussed way to improve specific investment-related costs is to increase plant sizes to improve economies of scale. While this improvement has been realized in several conventional kinds of plants like mineral oil refineries, power plants and Coal-to-Liquid plants, the application on BtL plants is complicated by the fact that larger plants are associated with higher specific biomass transportation costs. This is because a higher biomass input requires biomass to be transported over larger distances. The unresolved antagonism between economies of scale and specific biomass transportation costs has so far hindered the realization of BtL plants. The aim of this thesis is to develop a methodology to determine optimal BtL plant sizes by taking nonlinear factors into account. The methodology is required to determine a compromise between minimizing investment-related costs by applying economies of scale and minimizing specific biomass transportation costs by keeping the required transportation distances short. The optimal plant size is however influenced by a third influencing factor. Whether it is advantageous to transport biomass over a certain distance also depends on the value of a plant’s products. Biomass-to-Liquid plants can have a variety of product compositions depending on the catalyst and reaction temperature used in the biofuel synthesis reaction. Depending on which substances are produced and which are upgraded for sale, converted into fuels or combusted for electricity generation, both the value of the products and the required investment may differ considerably. While a number of processes, including biomass treatment and gasification, as well as the Fischer-Tropsch synthesis itself, are required for all considered plant setup alternatives, the choice of upgrading equipment may result in very dissimilar plant setups. By making the capacities of the individual upgrading processes the variables of the optimization model, economies of scale, specific biomass transportation costs and the products’ value are considered simultaneously for the first time. The thesis primarily focuses on the implementation of an optimization model and its application on a variety of scenarios. These scenarios are intended to represent different plant setups and logistics concepts. In order to assess the scale of differences in profitability, the essential influencing factors determining the profitability of BtL plants were included into the model calculations. As the problem at hand is neither linear nor quadratic, it cannot be solved reliably using established solvers for these two classes of problems. Instead, several solvers designed to handle non-quadratic nonlinear multidimensional problems were applied to find the most suitable way to approach the solution of the problem. The objective function has been designed to maximize the annual profit resulting from plant construction and operation. Maximizing this annual profit is subject to a number of primarily technical constraints. These result from the mass balances of the plant, its electricity demand and the specific requirements of individual processes. In addition to securing the validity of the mass balances, these constraints also ensure that the entire Fischer-Tropsch product stream undergoes some kind of upgrading, separation or combustion treatment. The sum of all processes producing salable products is used to approximate the required capacity of the plant as a whole. The total plant capacity then serves to calculate the investment required for the other plant processes and the costs for the purchase and transportation of the required input biomass. Biomass transportation distances are approximated by the radius of an assumed circular area from which biomass is supplied to the plant. Using cost functions that divide transportation costs into fixed and variable parts makes it possible to approximate the effect of rising specific biomass transportation costs in case of increasing plant capacities. The investigated scenario calculations suggest that under the assumed circumstances, fuel oriented low-temperature Fischer-Tropsch-based BtL plants are relatively competitive as long as the tax exemptions in Germany are maintained, but become significantly less attractive without them. By contrast, the combined production of both fuels and chemicals using hightemperature Fischer-Tropsch synthesis appears to be a more promising alternative, as chemicals are expected to earn a higher income in scenarios without tax exemptions. A third option, the production of Substitute Natural Gas, appears to be relatively uncompetitive unless methane prices rise significantly. In addition to comparing the economic attractiveness of different potential product distributions, a number of concepts have been investigated which are intended to improve Biomass-to-Liquid economics. Decentralized pretreatment of biomass, e.g. through fastpyrolysis, leads to larger optimal plant capacities, but the additional investment for the pretreatment units appears to overcompensate the improved economies of scale. By contrast, the combined use of train and road transportation was not assumed to be associated with additional investments. If train transportation is indeed feasible for a given plant location and specific biomass transportation costs are lower than for road transportation, combined traffic concepts should be used whenever possible. The construction of BtL plants in conjunction with mineral oil refineries is a way to reduce investment-related costs instead of transportation costs. While the resulting savings are significant for small BtL plants, they diminish if larger plant sizes are investigated. Cogasification of biomass with another input material is another way to reduce the costly transportation of biomass over large distances. Unless technical requirements significantly increase the cost of the gasification equipment, co-gasification concepts can improve the plant’s profitability even at relatively low quantities of a second fuel. The choice of fuels is however restricted by the Renewable Energy Directive that needs to be abided by in order to ensure the eligibility for tax exemptions. In case of lignite and hard coal, fossil CO2 emissions further complicate the application of co-gasification, as Renewable Energy Directive also limits the amount of fossil CO2 that biofuel production is allowed to cause. As savings caused by such concepts depend on the relative inefficiency of the concept that they are applied on, the effect of the implementation of several improvements diminishes if these address the same cost item. In this work, the nonlinear effects of economies of scale and biomass transportation costs for increasing Biomass-to-Liquid plant capacities has been modeled on a product-upgradingprocess basis for the first time. Potential investors and plant operators of Biomass-to-Liquid plants are thus enabled to determine both the optimal plant size and the most promising choice of products in order to maximize the prospective competitiveness of the plant.

Download or read book The Philippine Economy written by Ramon L Clarete and published by ISEAS-Yusof Ishak Institute. This book was released on 2018-09-10 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, a leading group of scholars pose the question, has the Philippine economy rejoined the dynamic East Asian mainstream and, if so, what set of policies and priorities are required to maintain the strong economic momentum of recent years? Successive chapters address issues related to growth and poverty, infrastructure and urbanization, education, health, the environment, energy, development finance, and governance and institutions. The book has been written with a broad audience in mind. First and foremost it is for readers in, and interested in, this fascinating and important country with a population that now exceeds a hundred million. Second, it will appeal to those in the broader development community with an interest in the analytical and policy challenges that democratic, middle-income countries face as they struggle to lift their citizens out of poverty and to achieve broad-based and environmentally sustainable growth.

Download or read book Input Trade and Production Networks in East Asia written by Daisuke Hiratsuka and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spatial fragmentation of production is linked with two great waves of unbundling. The first one was a century and a half ago when the spatial location of production of goods was separated from their consumption. We live in the age of a second unbundling where certain operations within the same factory can be fragmented and performed elsewhere. There is trade in certain tasks and components which was made possible by cheaper and better communication and transport. This book considers production networks in East Asia, which is and will continue to be the most dynamic economic region in the decades to come. Miroslav N. Jovanovi , University of Geneva, Switzerland Intermediate input trade is regarded as an important contributory factor in explaining the increase in world trade in recent years. This timely book presents, for the first time, meticulous empirical analyses of the growth of input trade, and includes detailed studies that capture the main features and characteristics of production networks in East Asia. Intermediate input trade has grown markedly in East Asia, and at a much faster rate than in the rest of the world. Since the early 1990s, when technological developments made it possible to separate the production process into many stages, East Asia as a region has developed sophisticated production networks in the manufacture of various products. Different countries have installed production stages according to their levels of technology or factor endowments, and consequently sequential production stages are now located across various countries. In order to produce final goods, East Asian nations have therefore relied on the trade of inputs back and forth. Containing unique and important data, this book will appeal to academics, researchers and policymakers interested in trade, economic integration and Asian studies.

Download or read book Regional Impacts of Russia s Accession to the World Trade Organization written by Thomas Fox Rutherford and published by World Bank Publications. This book was released on with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we develop a computable general equilibrium model of the regions of Russia to assess the impact of accession to the World Trade Organization (WTO) on the regions of Russia. We estimate that the average gain in welfare as a percentage of consumption for the whole country is 7.8 percent (or 4.3 percent of consumption); we estimate that three regions will gain considerably more: Northwest (11.2 percent), St. Petersburg (10.6 percent) and Far East (9.7 percent). We estimate that the Urals will gain only 6.2 percent of consumption, considerably less than the national average. The principal explanation in our central analysis for the differences across regions is the ability of the different regions to benefit from a reduction in barriers against foreign direct investment. The three regions with the largest welfare gains are clearly the regions with the estimated largest shares of multinational investment. But the Urals has attracted relatively little FDI in the service sectors. An additional reason for differences across regions is quantified in our sensitivity analysis: regions may gain more from WTO accession if they can succeed in creating a good investment climate.