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Applied General Equilibrium Analysis of Agricultural and Resource Policies

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  • Thomas W. Hertel

Abstract

1999, March Purdue AGEC Staff Paper 99-2 This paper reviews the literature on applied general equilibrium analysis of agricultural and resource policies. It begins with an historical overview, followed by an assessment of the benefits of this methodology for examining sectoral policies. The chapter then turns to questions of disaggregation of commodities, households, regions and factors of production. Parameter specification and model closure are discussed, as well as problems of modeling policies which affect agriculture. There are also special sections on agriculture and the environment, product differentiation and imperfect competition and model validation. The paper closes with a discussion of future challenges to the field.

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File URL: http://www.gtap.agecon.purdue.edu/resources/res_display.asp?RecordID=297
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Bibliographic Info

Paper provided by Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University in its series GTAP Working Papers with number 297.

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Date of creation: 1999
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Handle: RePEc:gta:workpp:297

Note: GTAP Working Paper No. 03
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Cited by:
  1. Tao Xiang & Jikun Huang & d’Artis Kancs & Scott Rozelle & Jo Swinnen, 2012. "Food Standards and Welfare: General Equilibrium Effects," Journal of Agricultural Economics, Wiley Blackwell, vol. 63(2), pages 223-244, 06.
  2. Bohringer, Christoph & Loschel, Andreas, 2006. "Computable general equilibrium models for sustainability impact assessment: Status quo and prospects," Ecological Economics, Elsevier, vol. 60(1), pages 49-64, November.
  3. Tobias Müller & Jean-Marie Grether, 2002. "Long-Run Effects of the Common Agricultural Policy for Switzerland: A Simulation Analysis," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 138(III), pages 271-292, September.
  4. Christoph Böhringer & Andreas Löschel, 2004. "Die Messung nachhaltiger Entwicklung mithilfe numerischer Gleichgewichtsmodelle," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 73(1), pages 31-52.
  5. Beckman, Jayson & Hertel, Thomas & Tyner, Wallace, 2011. "Validating energy-oriented CGE models," Energy Economics, Elsevier, vol. 33(5), pages 799-806, September.
  6. Scrieciu, Silviu Serban, 2004. "Assessing the Economic Impacts of Incorporating Romania's Agricultural and Food Sectors into EU's Customs Union: An Applied General Equilibrium Approach," Impact Assessment Research Centre (IARC) Working Papers 30583, University of Manchester, Institute for Development Policy and Management (IDPM).
  7. Scrieciu, Silviu Serban & Blake, Adam, 2005. "General Equilibrium Modelling Applied to Romania (GEMAR): Focusing on the Agricultural and Food Sectors," Impact Assessment Research Centre (IARC) Working Papers 30585, University of Manchester, Institute for Development Policy and Management (IDPM).
  8. Hochman, Gal & Rajagopal, Deepak & Timilsina, Govinda & Zilberman, David, 2011. "The role of inventory adjustments in quantifying factors causing food price inflation," Policy Research Working Paper Series 5744, The World Bank.
  9. Aline Coudouel & Stefano Paternostro, 2006. "Analyzing the Distributional Impact of Reforms : A Practitioner’s Guide to Pension, Health, Labor Markets, Public Sector Downsizing, Taxation, Decentralization, and Macroeconomic Modeling, Volume 2," World Bank Publications, The World Bank, number 7041, October.
  10. Michael Pflüger & Jens Südekum, 2005. "Die Neue Ökonomische Geographie und Effizienzgründe für Regionalpolitik," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 74(1), pages 26-46.
  11. Bittencourt, Mauricio V.L., 2003. "Does The Stolper-Samuelson Theorem Hold With Less Trade Distortion?: A Computable General Equilibrium," 2003 Annual meeting, July 27-30, Montreal, Canada 22173, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  12. Behrman, Jere R., 2009. "Analyzing the Distributional Impact of Reforms, Volume Two: A Practitioner's Guide to Pension, Health, Labor Market, Public Sector Downsizing, Taxation, Decentralization, and Macroeconomic Modeling. A," Journal of Pension Economics and Finance, Cambridge University Press, vol. 8(03), pages 396-397, July.
  13. Kim, Hyeongwoo & Thompson, Henry, 2009. "Factor Proportions Wages in a Structural Vector Autoregression," MPRA Paper 17798, University Library of Munich, Germany.
  14. Essama-Nssah, B., 2005. "The poverty and distributional impact of macroeconomic shocks and policies : a review of modeling approaches," Policy Research Working Paper Series 3682, The World Bank.
  15. Hess, Sebastian, 2005. "An Econometric Model of CGE Simulations," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24713, European Association of Agricultural Economists.
  16. Selden, Thomas M. & Wasylenko, Michael J., 1992. "Benefit incidence analysis in developing countries," Policy Research Working Paper Series 1015, The World Bank.
  17. Gohin, Alexandre & Bureau, Jean-Christophe, 2005. "Sugar Market Liberalization: Modeling the EU Supply of "C" Sugar," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24740, European Association of Agricultural Economists.
  18. Gaasland, Ivar, 2009. "Agriculture versus fish - Norway in WTO," Food Policy, Elsevier, vol. 34(4), pages 393-397, August.

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