IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/331946.html

Modelling Sustainability in a Computable General Equilibrium Framework

Author

Listed:
  • Carraro, Carlo
  • Lanzi, Elisa
  • Parrado, Ramiro

Abstract

This paper proposes a new tool for the measurement and projection of sustainability: the FEEM Sustainability Index (FEEM SI). This is an innovative measure of sustainability built within a dynamic computable general equilibrium model, the Intertemporal Computable Equilibrium System (ICES) in its adapted version to assess sustainability ICES SI. The FEEM SI combines indicators on economic, social, and environmental sustainability to construct a unique measure of overall sustainability. Thanks to its construction within a dynamic computable general equilibrium model, the FEEM SI is able to project indicators in time and evaluate sustainability in the future under different economic growth and policy scenarios. With the purpose to illustrate the methodology and highlight its potentials in making sustainability a more operative concept, this paper provides an example of the effects of the introduction of a composite policy aimed at improving overall sustainability and shows how the choices we make today can change our future.

Suggested Citation

  • Carraro, Carlo & Lanzi, Elisa & Parrado, Ramiro, 2010. "Modelling Sustainability in a Computable General Equilibrium Framework," Conference papers 331946, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:331946
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/331946/files/4883.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Will Martin & Julian M. Alston, 1997. "Producer Surplus without Apology? Evaluating Investments in RD," The Economic Record, The Economic Society of Australia, vol. 73(221), pages 146-158, June.
    2. Ivanic, Maros & Martin, Will, 2008. "Implications of higher global food prices for poverty in low-income countries," Policy Research Working Paper Series 4594, The World Bank.
    3. Maros Ivanic & Will Martin, 2008. "Implications of higher global food prices for poverty in low‐income countries1," Agricultural Economics, International Association of Agricultural Economists, vol. 39(s1), pages 405-416, November.
    4. Matsuyama, Kiminori, 1992. "Agricultural productivity, comparative advantage, and economic growth," Journal of Economic Theory, Elsevier, vol. 58(2), pages 317-334, December.
    5. Mark J. Gehlhar & Thomas W. Hertel & Will Martin, 1994. "Economic Growth and the Changing Structure of Trade and Production in the Pacific Rim," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(5), pages 1101-1110.
    6. repec:fth:stanho:e-92-3 is not listed on IDEAS
    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. Dethier, Jean-Jacques & Effenberger, Alexandra, 2012. "Agriculture and development: A brief review of the literature," Economic Systems, Elsevier, vol. 36(2), pages 175-205.
    2. Huang, Kaixing, 2024. "The Green Revolution, grain imports, and income divergence in the developing world," European Economic Review, Elsevier, vol. 166(C).
    3. Will Martin, 2002. "Outgrowing Resource Dependence: Theory and Evidence," Working Papers Central Bank of Chile 143, Central Bank of Chile.
    4. Nakelse, Tebila & Dalton, Timothy J. & Hendricks, Nathan P. & Hodjo, Manzamasso, 2018. "Are smallholder farmers better or worse off from an increase in the international price of cereals?," Food Policy, Elsevier, vol. 79(C), pages 213-223.
    5. Martin, Will, 2005. "Outgrowing resource dependence theory and some recent developments," Policy Research Working Paper Series 3482, The World Bank.
    6. Katsushi S. Imai & Raghav Gaiha & Ganesh Thapa & Samuel Kobina Annim, 2013. "Financial Crisis In Asia: Its Genesis, Severity And Impact On Poverty And Hunger," Journal of International Development, John Wiley & Sons, Ltd., vol. 25(8), pages 1105-1116, November.
    7. Teguh Dartanto, 2010. "Volatility of World Rice Prices, Import Tariffs and Poverty in Indonesia : A CGE-Microsimulation Analysis," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 58, pages 335-364, December.
    8. Abdoul G. Sam & Babatunde O. Abidoye & Sihle Mashaba, 2021. "Climate change and household welfare in sub-Saharan Africa: empirical evidence from Swaziland," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 13(2), pages 439-455, April.
    9. Alejandro de la Fuente & Eduardo Ortiz-Juárez & Carlos Rodríguez-Castelán, 2018. "Living on the edge: vulnerability to poverty and public transfers in Mexico," Oxford Development Studies, Taylor & Francis Journals, vol. 46(1), pages 10-27, January.
    10. Gómez, Miguel I. & Ricketts, Katie D., 2013. "Food value chain transformations in developing countries: Selected hypotheses on nutritional implications," Food Policy, Elsevier, vol. 42(C), pages 139-150.
    11. St phane Blancard & Maximin Bonnet & Jean-Fran ois Hoarau, 2020. "The specific role of agriculture for economic vulnerability of small island spaces," TEPP Working Paper 2020-01, TEPP.
    12. Imai, Katsushi S. & Annim, Samuel Kobina & Kulkarni, Veena S. & Gaiha, Raghav, 2014. "Women’s Empowerment and Prevalence of Stunted and Underweight Children in Rural India," World Development, Elsevier, vol. 62(C), pages 88-105.
    13. Alex F. McCalla, 2009. "World Food Prices: Causes and Consequences," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 57(1), pages 23-34, March.
    14. Hanan G. Jacoby & Basab Dasgupta, 2014. "Household Exposure to Food Price Shocks in Rural Bangladesh," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 37(1-2), pages 83-100.
    15. Negi, D., 2018. "Geography and the Welfare Impact of Food Price Shock," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277150, International Association of Agricultural Economists.
    16. Mohammed H. Alemu & Søren Bøye Olsen & Suzanne E. Vedel & John Kinyuru & Kennedy O. Pambo, 2016. "Integrating sensory evaluations in incentivized discrete choice experiments to assess consumer demand for cricket flour buns in Kenya," IFRO Working Paper 2016/02, University of Copenhagen, Department of Food and Resource Economics.
    17. Jin Guo & Tetsuji Tanaka, 2019. "Determinants of international price volatility transmissions: the role of self-sufficiency rates in wheat-importing countries," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 5(1), pages 1-13, December.
    18. Ansah, Isaac Gershon & Gardebroek, Cornelis & Ihle, Rico & Jaleta, Moti, 2014. "Analyzing Developing Country Market Integration with Incomplete Price Data Using Cluster Analysis," 2014: Food, Resources and Conflict, December 7-9, 2014. San Diego, California 197169, International Agricultural Trade Research Consortium.
    19. Sami Bibi & Massa Coulibaly & John Cockburn & Luca Tiberti, 2009. "L'impact de la hausse des prix des produits alimentaires sur la pauvreté des enfants et les reponses politiques au Mali," Papers inwopa09/60, Innocenti Working Papers.
    20. Emmanuel Sunday Koledoye & Taiwo Haruna Adamu & Osong Ofem Akpama & Adedejo Emmanuel Adedayo & Bukola Comfort Akinwolere, 2025. "Climate-Induced Food Price Shocks and Macroeconomic Outcome in Sub-Saharan Africa," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(15), pages 672-684, May.

    More about this item

    Keywords

    ;
    ;

    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:ags:pugtwp:331946. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.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.