Textbook of Computable General Equilibrium Modelling

Hosoe, Nobuhiro; Gasawa, Kenji; Hashimoto, Hideo

doi:10.1057/9780230281653

Cited by 130 publications

(111 citation statements)

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“…CGE models are used extensively in policy analysis as they capture linkages at different levels, including sectoral level of production structure and trade, factor level of employment of labor and capital, household level of income and consumption, as well as economy-wide changes or shocks (Hosoe et al 2010;Vos 2007). Producers and consumers interact through product and factor markets, buying and selling goods and services.…”

Section: The Cge Modelmentioning

confidence: 99%

Potential roles of export orientation of Cambodia’s agriculture and agro-industry: an application of CGE analysis

Chhuor

2017

Economic Structures

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Section: The Cge Modelmentioning

confidence: 99%

Potential roles of export orientation of Cambodia’s agriculture and agro-industry: an application of CGE analysis

Chhuor

2017

Economic Structures

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“…This means there is a fixed proportion between the value-added composite and the intermediate composite for producing a commodity or service. The Leontief production function is expressed as the following equation [31]:…”

Section: Supply Modulementioning

confidence: 99%

“…For the composite imports, the import principle for the commodity or service is derived by cost minimization with a CES function. The CES production function can be expressed as follows [31]:…”

Section: Supply Modulementioning

confidence: 99%

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China’s Rare Earths Supply Forecast in 2025: A Dynamic Computable General Equilibrium Analysis

Lei

Lianrong

2016

Minerals

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The supply of rare earths in China has been the focus of significant attention in recent years. Due to changes in regulatory policies and the development of strategic emerging industries, it is critical to investigate the scenario of rare earth supplies in 2025. To address this question, this paper constructed a dynamic computable equilibrium (DCGE) model to forecast the production, domestic supply, and export of China's rare earths in 2025. Based on our analysis, production will increase by 10.8%-12.6% and achieve 116,335-118,260 tons of rare-earth oxide (REO) in 2025, based on recent extraction control during 2011-2016. Moreover, domestic supply and export will be 75,081-76,800 tons REO and 38,797-39,400 tons REO, respectively. The technological improvements on substitution and recycling will significantly decrease the supply and mining activities of rare earths. From a policy perspective, we found that the elimination of export regulations, including export quotas and export taxes, does have a negative impact on China's future domestic supply of rare earths. The policy conflicts between the increase in investment in strategic emerging industries, and the increase in resource and environmental taxes on rare earths will also affect China's rare earths supply in the future.

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“…The calibration method determines parameter values in a way that reproduces the actual economic transaction data described in the 2005 input-output table for Japan as a benchmark (initial) equilibrium solution in our CGE model. 4) The nested structures of the CES functions in our model are described in Fig. 3.…”

Section: Structure Of Our Modelmentioning

confidence: 99%

Effects of CO<SUB>2</SUB> Emissions Trading on Steel Scrap Recycling: A Simulation Analysis Using a Computable General Equilibrium Model

Yamazaki

2011

Mater. Trans.

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This study aims to examine whether the absolute amount of steel scrap used in Japan increases under an emissions trading scheme using an economic simulation model known as the computable general equilibrium model. This study's computable general equilibrium model is a single-country, multi-sector model. An important feature of our model is that the iron and steel manufacturing sector is disaggregated in detail. The disaggregation is based on differences in production methods and types of steel products.In our simulation, although demand for electric arc furnace steel products in Japan increases in response to the implementation of emissions trading because of their low carbon intensity, the absolute amount of steel scrap used decreases. This is because the price substitution effect between electric arc furnace steel products and blast furnace-basic oxygen furnace steel products is dominated by the economic scale effect stemming from the negative economic impacts of emissions trading.

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Textbook of Computable General Equilibrium Modelling

Cited by 130 publications

References 0 publications

Potential roles of export orientation of Cambodia’s agriculture and agro-industry: an application of CGE analysis

Potential roles of export orientation of Cambodia’s agriculture and agro-industry: an application of CGE analysis

China’s Rare Earths Supply Forecast in 2025: A Dynamic Computable General Equilibrium Analysis

Effects of CO<SUB>2</SUB> Emissions Trading on Steel Scrap Recycling: A Simulation Analysis Using a Computable General Equilibrium Model

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