PHILGEM: A SAM-based Computable General Equilibrium Model of the Philippines
AbstractThis paper describes the structure of PHILGEM, a single country computable general equilibrium (CGE) model of the Philippine economy. PHILGEM offers a good starting point for model development, especially for researchers who may want to extend their ORANI-G models to draw on supplementary data coming from a social accounting matrix (SAM). A generic version of the model is described here designed for expository purposes and for adaptation to other countries. The description of PHILGEM's equations and database is closely integrated with an explanation of how the model is solved using the GEMPACK system. Computer files are freely available, which contain a complete model specification and database.
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Bibliographic InfoPaper provided by Victoria University, Centre of Policy Studies/IMPACT Centre in its series Centre of Policy Studies/IMPACT Centre Working Papers with number g-227.
Date of creation: Apr 2012
Date of revision:
CGE modelling; Social Accounting Matrix; Philippines;
Find related papers by JEL classification:
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
- O21 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
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- B. R. Parmenter & G. A. Meagher, 1985. "Policy Analysis Using a Computable General Equilibrium Model: A Review of Experience at the IMPACT Project," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 18(1), pages 3-15.
- Mark Horridge, 2000. "ORANI-G: A General Equilibrium Model of the Australian Economy," Centre of Policy Studies/IMPACT Centre Working Papers, Victoria University, Centre of Policy Studies/IMPACT Centre op-93, Victoria University, Centre of Policy Studies/IMPACT Centre.
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