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Tool Kits in Multi-regional and Multi-sectoral General Equilibrium Modeling for Paraguay

Author

Listed:
  • Haddad, Eduardo

    (Departamento de Economia, Universidade de São Paulo)

  • Perobelli, Fernando

    (Universidade Federal de Juiz de Fora)

  • Castro, Gustavo

    (Departamento de Economia, Universidade de São Paulo)

  • Araújo, Inácio

    (Departamento de Economia, Universidade de São Paulo)

  • Ramirez-Alvarez, Plinio Esteban

    (Universidad Nacional de Asunción)

  • Fernandes, Raphael

    (Departamento de Economia, Universidade de São Paulo)

Abstract

The objective of this document is to introduce the features of two inter-regional models developed for Paraguay. First, the Interregional Input-Output System, estimated for the year 2014 using the method known as Interregional Input-Output Adjustment System (IIOAS). The system considers 18 regions - the 17 departments in Paraguay and the capital city, Asuncíón - whose economies are disaggregated in 33 sectors. To the best of our knowledge, this is the first interregional system that takes into account explicitly the economies of the 18 Paraguayan regions. Second, the BM-PY model, an operational interregional computable general equilibrium model for Paraguay designed for policy analysis. The model is structurally calibrated for 2014; a rather complete data set is available for that year following the estimation of the interregional input-output database, facilitating the choice of the base year. Both models were developed by the Regional and Urban Economics Lab at the University of Sao Paulo - NEREUS, Brazil.

Suggested Citation

  • Haddad, Eduardo & Perobelli, Fernando & Castro, Gustavo & Araújo, Inácio & Ramirez-Alvarez, Plinio Esteban & Fernandes, Raphael, 2021. "Tool Kits in Multi-regional and Multi-sectoral General Equilibrium Modeling for Paraguay," TD NEREUS 1-2021, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    • Handle: RePEc:ris:nereus:2021_001
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    Citations

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    Cited by:

    1. Araujo, Inacio F. & Haddad, Eduardo A. & León, José Antonio, 2023. "Interregional Input-Output Table for Costa Rica: Database Description and Construction Steps Based on the IIOA Method," TD NEREUS 12-2023, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).

    More about this item

    Keywords

    Interregional input-output system; Multi-regional and Multi-sectoral; Computable general equilibrium model; Paraguay;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • R34 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Input Demand Analysis

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