Use of computable general equilibrium (CGE) models in analyzing development policies has long been a popular approach. The first models about economic policy issues of developing countries can be dated as far as 1960’s. Since then, a wide span of modelling techniques, model specifications and a variety of subjects have extensively been cherished by economists. In this study a comparison is made between development-oriented CGE models that have been built before and after 1990. The periodization is formed according to the differences observed in CGE models in terms of model specifications, modelling approaches, issues analyzed and techniques used. Due to limitations on accession to publications that belong to the period before 1990, data and findings from former surveys are utilized. Models that belong to the period after 1990 are selected by a random method. A table that summarizes these models is given at the appendix.
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Paper provided by Yildiz Technical University, Department of Economics in its series Working Papers with number
0012.
Find related papers by JEL classification: C68 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computable General Equilibrium Models D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
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