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Construction of the database for OMAGE (Oman Applied General Equilibrium) model

Author

Listed:
  • Nhi Tran
  • Philip Adams
  • James Giesecke

Abstract

This paper describes in detail the process to create the database for OMAGE - a Dynamic Applied General Equilibrium model for Oman with labour market detail. It starts with an overview of the model theoretical structure, which consists of a CGE core model and a labour supply module. Then it specifies the coefficients and parameters required for the model database, which provides an initial solution to the model. All data sources and procedures to create the database are then discussed in detail.

Suggested Citation

  • Nhi Tran & Philip Adams & James Giesecke, 2014. "Construction of the database for OMAGE (Oman Applied General Equilibrium) model," Centre of Policy Studies/IMPACT Centre Working Papers g-288, Victoria University, Centre of Policy Studies/IMPACT Centre.
    • Handle: RePEc:cop:wpaper:g-288
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    References listed on IDEAS

    as
    1. Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2007. "How confident can we be of CGE-based assessments of Free Trade Agreements?," Economic Modelling, Elsevier, vol. 24(4), pages 611-635, July.
    2. Peter B. Dixon & Martin Johnson & Maureen T. Rimmer, 2011. "Economy‐Wide Effects Of Reducing Illegal Immigrants In U.S. Employment," Contemporary Economic Policy, Western Economic Association International, vol. 29(1), pages 14-30, January.
    3. Mark Horridge, 2000. "ORANI-G: A General Equilibrium Model of the Australian Economy," Centre of Policy Studies/IMPACT Centre Working Papers op-93, Victoria University, Centre of Policy Studies/IMPACT Centre.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Oman; CGE database;

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models

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