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PAPA: An economy-wide general purpose computable general equilibrium model for the Brazilian economy

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  • Guilhoto, Joaquim José Martins

Abstract

In this paper the PAPA model, constructed for the Brazilian economy, is described as well as some simulations of policies made with this model. The PAPA model is a Computable General Equilibrium (CGE) model of the Johansen type and the solutions of the model are given in growth rates. This model is based on the ORANI model constructed for the Australian economy and in that sense it is a general purpose model that can be used to study the impact of different economic policies on the Brazilian economy. The model is defined for: a) 33 types of industries/commodities; b) 3 types of primary factors; c) 3 categories of labor; d) 2 sources of products (domestic, and imported); e) 5 types of product use; and, f) 3 income groups.

Suggested Citation

  • Guilhoto, Joaquim José Martins, 1995. "PAPA: An economy-wide general purpose computable general equilibrium model for the Brazilian economy," MPRA Paper 54755, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:54755
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    References listed on IDEAS

    as
    1. K.R. Pearson & Russell J. Rimmer, 1983. "Sparse matrix methods for computable general equilibrium models of the Johansen class," Centre of Policy Studies/IMPACT Centre Working Papers op-43, Victoria University, Centre of Policy Studies/IMPACT Centre.
    2. Powell, Alan A, 1985. "Short-run Applications of Orani: An Impact Project Perspective," Australian Economic Papers, Wiley Blackwell, vol. 24(44), pages 37-53, June.
    3. Cronin, M R, 1985. "The Orani Model in Short Run Mode: Theory versus Observation," Australian Economic Papers, Wiley Blackwell, vol. 24(44), pages 24-36, June.
    4. Cooper, Russel J & McLaren, Keith R, 1983. "The ORANI-MACRO Interface: An Illustrative Exposition," The Economic Record, The Economic Society of Australia, vol. 59(165), pages 166-179, June.
    5. Guilhoto, Joaquim José Martins, 1986. "A model for economic planning and analysis for the brazilian economy," MPRA Paper 53944, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Brazil; input-output; general equilibrium model;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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