Tchoffo, Rodrigue (2022): Convergence statique et dynamique dans un modèle d’équilibre général calculable dynamique récursif : proposition d’une approche simplifiée et application dans GAMS.
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Abstract
This study proposes a new simplified technique for moving from the static to the dynamic framework of computable general equilibrium (CGE) models. Emphasis is placed on dealing with convergence that can be constant or variable. We show that in variable coefficient convergence, the definition of an adjustment parameter is necessary and makes it possible to make the right choice of values that correspond to the economy studied.
Item Type: | MPRA Paper |
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Original Title: | Convergence statique et dynamique dans un modèle d’équilibre général calculable dynamique récursif : proposition d’une approche simplifiée et application dans GAMS |
English Title: | Static and dynamic convergence in a recursive dynamic computable general equilibrium model: proposal of a simplified approach and application in GAMS |
Language: | French |
Keywords: | Dynamic model, convergence, social accounting matrix, GAMS |
Subjects: | C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C68 - Computable General Equilibrium Models E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy |
Item ID: | 114408 |
Depositing User: | Tchoffo Nobosse Rodrigue |
Date Deposited: | 01 Sep 2022 13:33 |
Last Modified: | 01 Sep 2022 13:34 |
References: | Cardenete, M. A., Guerra, A.-I., et Sancho, F. (2017). Applied general equilibrium. Springer, Second Edition. Caron, J. (2014). Going from static to dynamic CGE models. Global change, EPPA workshop http://globalchange.mit.edu/ Decaluwé, B., Martens, A., Savard, L., and Aupelf-Uref. (2001). La politique économique du développement et les modèles d’équilibre général calculable : Une introduction à l’application de l’analyse mésoéconomique aux pays en développement. Presses de l’Université de Montréal, in French. Goodwin R.M. (1948), Secular and cyclical aspects of the multiplier and accelerator, in ‘Income, employment and public policy’. Norton New-York. Hosoe, N., Gasawa, K., et Hashimoto, H. (2010). Textbook of computable general equilibrium modeling: programming and simulations. Springer. Kalecki (1935). Macroeconomic theory of business cycles, Econometrica, 3. Mbanda, V and Chitiga-Mabugu, M. (2017). Growth and employment impacts of public economic infrastructure investment in South Africa: A dynamic CGE analysis. Journal of Economic and Financial Sciences, 10(2), 235-252. Palsev, S. (2004). Moving from static to dynamic general equilibrium economic models: Notes for a beginner in MPSGE. Massachusetts Institute of Technology, Cambridge. (Technical note series no. 4). Smith, N., McDonald, G., Harvey, E. (2016). Dynamic Economic Model A technical report prepared under the Economics of Resilient Infrastructure Programme. Market Economics Limited; Takapuna, Auckland. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/114408 |