Abstract

Top scholars synthesize and analyze scholarship on this widely used tool of policy analysis in 27 articles, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top U.S. graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view.

• Presents coherent summaries of CGE theories that inform major model types
• Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results
• Shows how CGE modeling has made a contribution to economic policy

"The chapters in these volumes address many of the most challenging economic policy issues facing both developed and developing countries and regions. The books are required reading for anyone wishing to understand the power and range of computable general equilibrium modelling as an input to strategy analysis and policy making."--Larry Dwyer, University of New South Wales

"The rich CGE applications presented in these volumes show that CGE modeling is a vital tool for policy analysis. These chapters will be valuable resources for students and scholars who are interested in new insights and developments."--Jian Xie, The World Bank