The MONASH Style of Computable General Equilibrium Modeling: A Framework for Practical Policy Analysis

Dixon, Peter; Koopman, Robert; Rimmer, Maureen T.

doi:10.1016/b978-0-444-59568-3.00002-x

Cited by 43 publications

(33 citation statements)

References 33 publications

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“…Input-output relations embedded in the spatial CGE model. 13 In Johansen-type CGE models, convergence to equilibrium becomes an empirical question, as the Newton-type algorithms used do not guarantee convergence to an equilibrium solution (see Dixon et al, 2013). 14 Due to computational constraints, we have used an aggregated version with 8 sectors and 8 products.…”

Section: Place Of Producɵonmentioning

confidence: 99%

The underground economy: Tracking the higher-order economic impacts of the São Paulo Subway System

Haddad

Hewings

Porsse

et al. 2015

Transportation Research Part A: Policy and Practice

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Section: Place Of Producɵonmentioning

confidence: 99%

The underground economy: Tracking the higher-order economic impacts of the São Paulo Subway System

Haddad

Hewings

Porsse

et al. 2015

Transportation Research Part A: Policy and Practice

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“…Section 3 of the paper will focus on this task and aim to provide an intuitive understanding of the results. Since it is not practical to describe the entire CGE methodology or UPGEM model used in this study here, readers interested in the finer details are encouraged to consult the various references, in particular Dixon, Koopman & Rimmer (2013).…”

Section: Methodsmentioning

confidence: 99%

“…First is the theoretical derivation and description of the model. UPGEM is based on the well-documented MONASH model described in Dixon & Rimmer (2002) and Dixon, Koopman & Rimmer (2013). Following the MONASH-style of implementing a CGE model, the general equilibrium core of UPGEM is made up of a linearised system of equations describing the theory underlying the behaviour of participants in the economy.…”

Section: Methodsmentioning

confidence: 99%

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The impact of the 2014 platinum mining strike in South Africa: An economy-wide analysis

et al. 2015

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In this paper we measure the economy-wide impact of the 2014 labour strike in South Africa's platinum industry. The strike lasted 5 months, ending in June 2014 when producers reached an agreement with the main labour unions. The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long lasting negative impacts on the South African economy as a whole. We find that it is not the higher nominal wages itself that caused the most damage, but the possible reaction by investors in the mining industry towards South Africa. Investor confidence is likely to be, at least, temporarily harmed, in which case it would take many years for the effects of the strike to disappear. We conduct our analysis using a dynamic CGE model of South Africa.

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“…Researchers are still making great efforts to identify the correct relationships between the indicators of general economic efficiency and the efficiency of energy solutions [1,5,8,[9][10][11]. Efforts are also continuing to further expand the concept of the efficiency of the regional fuel and energy sector, in particular the application of multi-objective (multicriteria) approaches, reflecting not only the economic but also the social demands of society for energy (for example, nuclear) [2][3].…”

Section: Introductionmentioning

confidence: 99%

Forecasting Energy Efficient Development of Gas Industry in Region

Важенина

2018

SHS Web Conf.

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In the study, the energy efficient development of the gas industry in the region is in essence a mater of finding options for developing the gas industry (GP) and the regional economy in the context of the set of indicators proposed by the author. The set of indicators includes: socio-economic criteria, reflecting the growth of the well-being of the population and the potential of the region’s economy; energy indicators characterizing the efficiency of the gas industry’s branches of gas production, processing, transportation and supply, as well as rational use of all types of energy resources. The author developed the industry model of the gas industry as part of the regional economy model and proposed a methodological tool for forecasting various energy consumption options and increasing energy efficiency in gas production, processing and transportation. Modeling tools for forecasting the energy efficiency of the gas industry in the region can be used by regional authorities to make management decisions in improving energy efficiency and security in the region. The proposed model was tested on the statistical material of the Tyumen region.

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The MONASH Style of Computable General Equilibrium Modeling: A Framework for Practical Policy Analysis

Cited by 43 publications

References 33 publications

The underground economy: Tracking the higher-order economic impacts of the São Paulo Subway System

The underground economy: Tracking the higher-order economic impacts of the São Paulo Subway System

The impact of the 2014 platinum mining strike in South Africa: An economy-wide analysis

Forecasting Energy Efficient Development of Gas Industry in Region

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