Variational Inequality Approach to Multi-Regional Computable General Equilibrium Modeling

A Complementarity Approach to Solving Computable General Equilibrium Models

Computable general equilibrium (CGE) models play a central role in modern economic modeling, bearing on a wide range of important applications in international climate and trade policies, growth and development of countries, national income distribution and equality studies. We formulate a canonical CGE model as a complementarity problem and introduce CIM-EARTH, a collection of open-source exte...

The Effect of Climate Change on Economic Growth (Dynamic Computable General Equilibrium Model Approach in Iran)

Climate change is one of the most important issues affecting different economic sectors. Although this phenomenon has had a larger effect on the agricultural sector due to the heavy dependence of agriculture on weather conditions as compared to the other economic sectors, other economic sectors such as the industry, mining and service sectors are also influenced by weather changes due to their ...

Spatial Computable General Equilibrium Modeling - Static and Dynamic Approaches

This thesis concerns both static and dynamic modeling in a spatial computable general equilibrium setting. First, we have applied a static framework for the assessment of economic impacts of the Öresund bridge. Secondly, we make an attempt to enhance the static framework through the introduction of economic dynamics. In the first paper we study the economic impacts of the Öresund bridge. We aim...

COMPUTABLE GENERAL EQUILIBRIUM MODELING Numerical Simulations in a 2-Country Monetary General Equilibrium Model

This paper presents the concept of numerical CGE modeling with the help of a 2-country general equilibrium model. In the framework of this simple dynamic monetary model the effects of a (unilateral) monetary and fiscal expansion are simulated. The exchange rate of the home vis-à-vis the foreign currency depreciates in response to both types of shocks. The monetary expansion leads to an increase...

Endogenous Disinvestment Activities and the Transformation to a New Equilibrium a Computable General Equilibrium Approach