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CGE models for resource-based economy: A comprehensive bibliometric analysis

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  • Dzyuba, Yu.

    (National Research University "Higher School of Economics" (HSE University), Moscow, Russia
    Trofimuk Institute of Petroleum Geology and Geophysics SB RAS, Novosibirsk, Russia)

  • Bakalova, I.

    (National Research University "Higher School of Economics" (HSE University), Moscow, Russia)

Abstract

This study presents a comprehensive bibliometric analysis that demonstrates the relevance and effectiveness of computable general equilibrium (CGE) modeling in solving economic and policy problems in various macrosystems, especially resource-based economies. We use a large data set containing information on 3654 publications from 1995 to 2021. We consider all relevant papers, yet the special focus is on the studies of resource-based economies (465 publications). The main purpose of the bibliometric analysis is to identify key geographic (authors affiliation, analyzed country, international collaboration) and thematic trends in the CGE modeling literature. We also describe the main application areas of CGE models, give an economic interpretation of bibliometric observations, and briefly review the relevant literature on resource-based economies. The analysis demonstrates that the number of annual publications related to the CGE approach has increased by almost five times over the considered period. The growth is mainly driven by environmental and climate topics: 40.5% of total publications are related to these subjects. Among environmental studies of resource-based economies, the most popular themes are climate policy, energy and agricultural sectors, and land use.

Suggested Citation

  • Dzyuba, Yu. & Bakalova, I., 2023. "CGE models for resource-based economy: A comprehensive bibliometric analysis," Journal of the New Economic Association, New Economic Association, vol. 61(4), pages 12-50.
    • Handle: RePEc:nea:journl:y:2023:i:61:p:12-50
    DOI: 10.31737/22212264_2023_4_12-50
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    More about this item

    Keywords

    bibliometric analysis; computable general equilibrium models; resource-based economy;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models

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