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Egypt's Experience from CGE Modeling: A Critical Review

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  • Hans Lofgren

    (Development Economics--Prospects Group , World Bank)

Abstract

This paper reviews Egypt's experience of SAM-based CGE modeling, dating back to the mid-1970s. Its purpose is to extract lessons for the future application of such models to Egypt and other LDCs. The paper provides a detailed review of seven models, covering their data bases, key aspects of their structures (with regard to production, consumption, foreign trade, micro and macro closures), as well as policy simulations. It is concluded with critical observations and suggestions for future research.

Suggested Citation

  • Hans Lofgren, 1994. "Egypt's Experience from CGE Modeling: A Critical Review," Working Papers 9411, Economic Research Forum, revised 08 Apr 1994.
    • Handle: RePEc:erg:wpaper:9411
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    Cited by:

    1. Tchouamou Njoya, Eric, 2020. "An analysis of the tourism and wider economic impacts of price-reducing reforms in air transport services in Egypt," Research in Transportation Economics, Elsevier, vol. 79(C).
    2. Löfgren, Hans, 2001. "Less poverty in Egypt? Explorations of alternative pasts with lessons for the future," TMD discussion papers 72, International Food Policy Research Institute (IFPRI).

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