Evidence-based regional economic policy analysis: the role of CGE modelling

被引:5
|
作者
Giesecke, James A. [1 ]
Madden, John R. [1 ]
机构
[1] Monash Univ, Ctr Policy Studies, Clayton, Vic 3800, Australia
关键词
regional CGE; economic modelling; regional economic policy; general equilibrium; COMPUTABLE GENERAL EQUILIBRIUM; TOP-DOWN; ASSISTANCE; IMPACTS; GROWTH; MACRO; US;
D O I
10.1093/cjres/rst003
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
An important ingredient in meeting the challenges for regional policy is evidence-based analysis capable of revealing the full ramifications of economic policies and events across regions. This paper considers the capabilities of computable general equilibrium (CGE) modelling to provide such analysis. After summarising the main features of CGE models, we examine how they can be put to work to inform regional policymakers. We first consider historical CGE analysis designed to uncover the economic causes underlying relative regional performance. We then discuss CGE regional forecasting and policy modelling, highlighting the model's analytical capabilities in revealing the regional consequences of a wide range of regional policy initiatives.
引用
收藏
页码:285 / 301
页数:17
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