IDEAS home Printed from https://ideas.repec.org/p/unp/wpaper/202201.html
   My bibliography  Save this paper

Inter-regional System Of Analysis For East Asia: A Manual

Author

Listed:
  • Yuventus Effendi

    (Indonesian Ministry of Finance, Republic of Indonesia, Jakarta, Indonesia)

  • Budy Resosudarmo

    (Indonesia Project, Arndt-Corden Department of Economics, Crawford School of Public Policy, Australian National University, Canberra, Australia)

Abstract

This paper provides detail of the inter-regional system of analysis of East Asia (IRSA-EA). IRSA-EA is a static and multi-country computable general equilibrium (CGE) model. IRSA-EA has a flexible production structure that allows substitutions among electricity and energy intermediate inputs. Hence, the model can simulate the impacts of changes in energy and electricity prices. Also, the model incorporates several recycling mechanisms to simulate the impacts of renewable electricity development and decarbonisation in the East Asia region. This paper provides a technical guide for the IRSA-EA model that will be useful to analyse the socio-economic and environmental impacts of policy instruments in the subsequent two papers.

Suggested Citation

  • Yuventus Effendi & Budy Resosudarmo, 2022. "Inter-regional System Of Analysis For East Asia: A Manual," Working Papers in Economics and Development Studies (WoPEDS) 202201, Department of Economics, Padjadjaran University, revised Oct 2022.
    • Handle: RePEc:unp:wpaper:202201
    as

    Download full text from publisher

    File URL: http://ceds.feb.unpad.ac.id/wopeds/202201.pdf
    File Function: First version, 2022
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Martin, Will, 1993. "Modeling the post-reform Chinese economy," Journal of Policy Modeling, Elsevier, vol. 15(5-6), pages 545-579.
    2. Iwan J. Azis, 2000. "Simulating economy-wide models to capture the transition from financial crisis to social crisis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 34(2), pages 251-278.
    3. Hamilton, Clive, 1986. "A general equilibrium model of structural change and economic growth, with application to south Korea," Journal of Development Economics, Elsevier, vol. 23(1), pages 67-88, September.
    4. Nicholas Minot & Francesco Goletti, 1998. "Export Liberalization and Household Welfare: The Case of Rice in Vietnam," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(4), pages 738-749.
    5. Ballard, Charles L. & Fullerton, Don & Shoven, John B. & Whalley, John, 2009. "A General Equilibrium Model for Tax Policy Evaluation," National Bureau of Economic Research Books, University of Chicago Press, number 9780226036335, December.
    6. Ciarli, Tommaso & Savona, Maria, 2019. "Modelling the Evolution of Economic Structure and Climate Change: A Review," Ecological Economics, Elsevier, vol. 158(C), pages 51-64.
    7. Budy P. Resosudarmo & Abdurohman & Arief A. Yusuf & Djoni Hartono, 2021. "Spatial impacts of fiscal stimulus policies during the 2009 global financial crisis in Indonesia," Asia-Pacific Journal of Regional Science, Springer, vol. 5(1), pages 305-326, February.
    8. Lundborg, Per, 1984. "The nexus between income distribution, trade policy, and monopoly power: An assessment of the tin market," Journal of Policy Modeling, Elsevier, vol. 6(1), pages 69-79, February.
    9. Adams, Philip D. & Dixon, Peter B. & McDonald, Daina & Meagher, G. A. & Parmenter, Brian R., 1994. "Forecasts for the Australian economy using the MONASH model," International Journal of Forecasting, Elsevier, vol. 10(4), pages 557-571, December.
    10. Geoffrey J. D. Hewings & Michael Sonis & Moss Madden & Yoshio Kimura (ed.), 1999. "Understanding and Interpreting Economic Structure," Advances in Spatial Science, Springer, number 978-3-662-03947-2, Fall.
    11. Drud, Arne & Grais, Wafik M., 1983. "Macroeconomic adjustment in Thailand: Demand management and supply conditions," Journal of Policy Modeling, Elsevier, vol. 5(2), pages 207-231, June.
    12. Resosudarmo, Budy P. & Thorbecke, Erik, 1996. "The impact of environmental policies on household incomes for different socio-economic classes: The case of air pollutants in Indonesia," Ecological Economics, Elsevier, vol. 17(2), pages 83-94, May.
    13. Warr, Peter & Menon, Jayant & Yusuf, Arief Anshory, 2010. "Regional Economic Impacts of Large Projects: A General Equilibrium Application to Cross-Border Infrastructure," Asian Development Review, Asian Development Bank, vol. 27(1), pages 104-134.
    14. Budy Resosudarmo, 2002. "Indonesia's Clean Air Program," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 38(3), pages 343-365.
    15. Ian A. Coxhead & Peter G. Warr & John Crawford, 1991. "Technical Change, Land Quality, and Income Distribution: A General Equilibrium Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 345-360.
    16. Adelman, Irma & Yeldan, Erinc, 2000. "The Minimal Conditions for a Financial Crisis: A Multiregional Intertemporal CGE Model of the Asian Crisis," World Development, Elsevier, vol. 28(6), pages 1087-1100, June.
    17. Thorbecke, Erik, 1991. "Adjustment, growth and income distribution in Indonesia," World Development, Elsevier, vol. 19(11), pages 1595-1614, November.
    18. Euijune Kim & Kabsung Kim, 2002. "Impacts of regional development strategies on growth and equity of Korea: A multiregional CGE model," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 36(1), pages 165-180.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Budy P. Resosudarmo & Abdurohman & Arief A. Yusuf & Djoni Hartono, 2021. "Spatial impacts of fiscal stimulus policies during the 2009 global financial crisis in Indonesia," Asia-Pacific Journal of Regional Science, Springer, vol. 5(1), pages 305-326, February.
    2. Hartono, Djoni & Resosudarmo, Budy P., 2008. "The economy-wide impact of controlling energy consumption in Indonesia: An analysis using a Social Accounting Matrix framework," Energy Policy, Elsevier, vol. 36(4), pages 1404-1419, April.
    3. Mark Partridge & Dan Rickman, 2010. "Computable General Equilibrium (CGE) Modelling for Regional Economic Development Analysis," Regional Studies, Taylor & Francis Journals, vol. 44(10), pages 1311-1328.
    4. Esmedekh Lkhanaajav, 2016. "CoPS-style CGE modelling and analysis," Centre of Policy Studies/IMPACT Centre Working Papers g-264, Victoria University, Centre of Policy Studies/IMPACT Centre.
    5. Narayanan, Sudha & Gulati, Ashok, 2002. "Globalization and the smallholders," MSSD discussion papers 50, International Food Policy Research Institute (IFPRI).
    6. Hiroshi SAKAMOTO, 2012. "CGE Analysis of Transportation Cost and Regional Economy: East Asia and Northern Kyushu," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 121-140, June.
    7. Gong, Ziqian & Cai, Yongyang, 2022. "Development under Spatial Equilibrium for the Great Lakes Region," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322115, Agricultural and Applied Economics Association.
    8. James A Giesecke & John R Madden, 2006. "Uncovering the Factors behind Comparative Regional Economic Performance: A Dynamic CGE Approach," Centre of Policy Studies/IMPACT Centre Working Papers g-165, Victoria University, Centre of Policy Studies/IMPACT Centre.
    9. Yuventus Effendi & Budy P. Resosudarmo, 2022. "Socio-economic and environmental impact of intended decarbonisation policies in the East Asian region," Departmental Working Papers 2022-03, The Australian National University, Arndt-Corden Department of Economics.
    10. Glyn Wittwer & Mark Horridge, 2010. "Bringing Regional Detail to a CGE Model using Census Data," Spatial Economic Analysis, Taylor & Francis Journals, vol. 5(2), pages 229-255.
    11. James Giesecke & John Madden, 2010. "Uncovering the Factors behind Comparative Regional Economic Performance: A Multi-regional Computable General Equilibrium (CGE) Approach," Regional Studies, Taylor & Francis Journals, vol. 44(10), pages 1329-1349.
    12. Sakamoto, Hiroshi, 2013. "Study of Regional Disparity in Indonesia Using a Multi-region CGE Model," AGI Working Paper Series 2013-01, Asian Growth Research Institute.
    13. Giesecke, James A. & Madden, John R., 2013. "Regional Computable General Equilibrium Modeling," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 379-475, Elsevier.
    14. Aradhyula, Satheesh Venkata, 1989. "Policy structure, output supply and input demand for US crops," ISU General Staff Papers 198901010800009909, Iowa State University, Department of Economics.
    15. Joaquín Bernal-Ramírez & Jair Ojeda-Joya & Camila Agudelo-Rivera & Felipe Clavijo-Ramírez & Carolina Durana-Ángel & Clark Granger-Castaño & Daniel Osorio-Rodríguez & Daniel Parra-Amado & José Pulido &, 2022. "Impacto macroeconómico del cambio climático en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, issue 102, pages 1-62, July.
    16. Michelle Gilmartin & David Learmouth & J Kim Swales & Peter McGregor & Karen Turner, 2013. "Regional Policy Spillovers: The National Impact of Demand-Side Policy in an Interregional Model of the UK Economy," Environment and Planning A, , vol. 45(4), pages 814-834, April.
    17. Dwayne Benjamin & Loren Brandt, 2002. "Agriculture and Income Distribution in Rural Vietnam under Economic Reforms: A Tale of Two Regions," Working Papers benjamin-02-01, University of Toronto, Department of Economics.
    18. Ferran Sancho, 2003. "Energy Tax Simulation in a Flexible CGE Model of Catalonia," Working Papers 95, Barcelona School of Economics.
    19. Arief Anshory Yusuf, 2008. "INDONESIA-E3: An Indonesian Applied General Equilibrium Model for Analyzing the Economy, Equity, and the Environment," Working Papers in Economics and Development Studies (WoPEDS) 200804, Department of Economics, Padjadjaran University, revised Sep 2008.
    20. Maheshwar Rao & Robert Tanton & Yogi Vidyattama, 2013. "‘A Systems Approach to Analyse the Impacts of Water Policy Reform in the Murray-Darling Basin: a conceptual and an analytical framework’," NATSEM Working Paper Series 13/22, University of Canberra, National Centre for Social and Economic Modelling.

    More about this item

    Keywords

    Climate change; computable general equilibrium model; East Asian economy;
    All these keywords.

    JEL classification:

    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unp:wpaper:202201. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Arief Anshory Yusuf (email available below). General contact details of provider: https://edirc.repec.org/data/lppadid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.