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A Two Period Comparison of Computable General Equilibrium Models on Developing Countries: A Random Survey

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  • Seckin Sunal

    () (Department of Economics, Yildiz Technical University)

Abstract

Use of computable general equilibrium (CGE) models in analyzing development policies has long been a popular approach. The first models about economic policy issues of developing countries can be dated as far as 1960’s. Since then, a wide span of modelling techniques, model specifications and a variety of subjects have extensively been cherished by economists. In this study a comparison is made between development-oriented CGE models that have been built before and after 1990. The periodization is formed according to the differences observed in CGE models in terms of model specifications, modelling approaches, issues analyzed and techniques used. Due to limitations on accession to publications that belong to the period before 1990, data and findings from former surveys are utilized. Models that belong to the period after 1990 are selected by a random method. A table that summarizes these models is given at the appendix.

Suggested Citation

  • Seckin Sunal, 2009. "A Two Period Comparison of Computable General Equilibrium Models on Developing Countries: A Random Survey," Working Papers 0012, Yildiz Technical University, Department of Economics, revised 2009.
  • Handle: RePEc:yil:wpaper:0012
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    File URL: http://www.ikt.yildiz.edu.tr/RePEc/yil/makaleler/sunal0012.pdf
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    Keywords

    Computable General Equilibrium Models; Developing Countries; Model Comparison;

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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