Applied General Equilibrium Modelling ANNARES, STAGE and R23 Models

© Scott McDonald

S4: A Simple Closed Economy CGE Model


This module requires participants to design and develop and series of policy experiments, calibrate the database and model, run the experiments and produce a report.  This project is about learning to conduct a real world CGE based policy analyses from a terms of reference. Part of this process is learning what you know and do not know, your strengths and weaknesses and understanding the method without external pressures.


The aim is to transition the participant from following directions to planning CGE project for themselves; due to time constraints the SAMs are provided.


Programme

Topic

Tasks

Exercises

Files (in order)

S2:1

STAGE_t project

The project aims are

  1. set up and implement policy experiments in the stg_int CGE model; &
  2. interpret the results of your policy experiments

There are seven elements to the project;

  1. choose country and write-up the ‘backstory’
  2. Setup the model’s Excel database
  3. model recalibration and testing;
  4. experiment programming;
  5. policy experiments and interpretation;
  6. sensitivity analyses; and
  7. project report

STAGE_t Exercises S4.pdf

Single Country Project ppt.pdf

Single Country Project.mp4