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Designing Public Policies: An Approach based on Multi-Criteria Analysis and Computable General Equilibrium Modeling


  • Andre Francisco J.
  • Romero López Carlos


  • Cardenete M. Alejandro



This book presents a methodological approach for the joint design of economic and environmental policies. The starting point is the observation that, in practice, policy makers do not usually have a well-defined objective, but they are typically concerned about a number of economic and environmental indicators that conflict with each other. In view of this, policy making is addressed by combining two separate analytical approaches: multiple criteria decision making (MCDM) and computable general equilibrium (CGE) modeling. The aim is to come up with a methodological framework for policy design which is both operational and consistent with economic theory. In short, this book offers a unified view of this novel approach, paying special attention to the connections between economic and environmental objectives. The methodological foundations are presented as well as some real applications that illustrate the pragmatic value of the theoretical proposal. Provider_Name: Fundacion BBVA / BBVA Foundation

Suggested Citation

  • Andre Francisco J. & Romero López Carlos & Cardenete M. Alejandro, 2010. "Designing Public Policies: An Approach based on Multi-Criteria Analysis and Computable General Equilibrium Modeling," Books, Fundacion BBVA / BBVA Foundation, edition 0, number 2011102, December.
  • Handle: RePEc:fbb:booklb:2011102

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    Cited by:

    1. Andrei S. Akhremenko & Alexander P. Petrov & Egor A. Yureskul, 2015. "Cyclically Balanced Growth Paths in a Model of Economic Growth with Endogenous Policy Switching," HSE Working papers WP BRP 109/EC/2015, National Research University Higher School of Economics.
    2. Bibek Adhikari, 2015. "When Does Introducing a Value-Added Tax Increase Economic Efficiency? Evidence from the Synthetic Control Method," Working Papers 1524, Tulane University, Department of Economics, revised Nov 2015.
    3. M. Alipour, 2015. "Risk-Informed Decision Making Framework for Operating a Multi-Purpose Hydropower Reservoir During Flooding and High Inflow Events, Case Study: Cheakamus River System," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 29(3), pages 801-815, February.

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