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The IMAGE CGE Model: Constructing the Base 1993 database

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  • Ronnie O'Toole
  • Alan Matthews

Abstract

The core database for IMAGE is the Irish Input-Output table from 1993, extended to a SAM (Social Accounting Matrix) to allow for the value added in the economy to accrue to one of the institutions in the economy. The model distinguishes 34 industries, the first eight of which relate to farm level production, making it by far the most disaggregated CGE model for Ireland thus far. There are two sources of commodities, namely domestic and overseas. There are nine occupational groups and three household types, namely urban, rural farm, and rural non-farm. This working paper details the construction of the domestic and imported inter-industry flow matrices at both basic and purchasers' prices, the factoral and institutional distribution of income, the final demand column vectors, margin matrices and model parameterisation. Given the model's agricultural focus, data issues relating to the modeling approach used for the Common Agricultural Policy are discussed in a separate section.

Suggested Citation

  • Ronnie O'Toole & Alan Matthews, 2002. "The IMAGE CGE Model: Constructing the Base 1993 database," Trinity Economics Papers 20027, Trinity College Dublin, Department of Economics.
    • Handle: RePEc:tcd:tcduee:20027
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    File URL: http://www.tcd.ie/Economics/TEP/2002_papers/tepno7RT22.PDF
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    Cited by:

    1. Ana Corina Miller & Alan Matthews & Trevor Donnellan & Cathal O'Donoghue, 2011. "A 2005 Agriculture-Food SAM (AgriFood-SAM) for Ireland," The Institute for International Integration Studies Discussion Paper Series iiisdp372, IIIS.
    2. Dixon, Janine & Matthews, Alan, 2006. "Impact of the 2003 Mid-Term Review of the Common Agricultural Policy," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2006(1-Spring), pages 1-17.
    3. Tsakiridis, Andreas & O’Donoghue, Cathal & Hynes, Stephen & Kilcline, Kevin, 2020. "A Comparison of Environmental and Economic Sustainability across Seafood and Livestock Product Value Chains," Working Papers 309507, National University of Ireland, Galway, Socio-Economic Marine Research Unit.

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