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"Computable general equilibrium (CGE) models are widely used by governmental organizations and academic institutions to analyze the economy-wide effects of events such as climate change, tax policies, and immigration. This book provides a practical, how-to guide to CGE models suitable for use at the undergraduate college level. Its introductory level distinguishes it from other available books and articles on CGE models. The book provides intuitive and graphical explanations of the economic theory that underlies a CGE model and includes many examples and hands-on modeling exercises. It may be used in courses on economics principles, microeconomics, macroeconomics, public finance, environmental economics, and international trade and finance, because it shows students the role of theory in a realistic model of an economy. The book is also suitable for courses on general equilibrium models and research methods, and for professionals interested in learning how to use CGE models"--

Economics --- Computable general equilibrium models --- Equilibrium (Economics) --- -AA / International- internationaal --- 330.01 --- 330.3 --- Econometric models --- Theorie van het economisch evenwicht. --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics. --- Business, Economy and Management --- Econometric models. --- AA / International- internationaal --- CGE models --- Equilibrium models, Computable general --- General equilibrium models, Computable --- Theorie van het economisch evenwicht --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics --- Computable general equilibrium models - Textbooks

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"This chapter introduces students to computable general equilibrium (CGE) models, a class of economic model that describes an economy as a whole and the interactions among its parts. The basic structure of a CGE model and its database are described. We introduce a "standard" CGE model and provide a survey of CGE model applications"--

Computable general equilibrium models. --- Equilibrium (Economics) --- CGE models --- Equilibrium models, Computable general --- General equilibrium models, Computable --- Econometric models --- Mathematical models. --- Computable general equilibrium models --- Equilibrium (Economics) - Mathematical models

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Economics

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The United States – Mexico – Canada Agreement (USMCA) was signed on November 30, 2018 and aims to replace and modernize the North-American Free Trade Agreement (NAFTA). This paper uses a global, multisector, computable-general-equilibrium model to provide an analytical assessment of five key provisions in the new agreement, including tighter rules of origin in the automotive, textiles and apparel sectors, more liberalized agricultural trade, and other trade facilitation measures. The results show that together these provisions would adversely affect trade in the automotive, textiles and apparel sectors, while generating modest aggregate gains in terms of welfare, mostly driven by improved goods market access, with a negligible effect on real GDP. The welfare benefits from USMCA would be greatly enhanced with the elimination of U.S. tariffs on steel and aluminum imports from Canada and Mexico and the elimination of the Canadian and Mexican import surtaxes imposed after the U.S. tariffs were put in place.

Foreign trade regulation. --- Export and import controls --- Foreign trade control --- Foreign trade regulation --- Import and export controls --- International trade --- International trade control --- International trade regulation --- Prohibited exports and imports --- Trade regulation --- Law and legislation --- Exports and Imports --- Public Finance --- Taxation --- Trade Policy --- International Trade Organizations --- Empirical Studies of Trade --- Economic Integration --- Trade: General --- Taxation, Subsidies, and Revenue: General --- Public finance & taxation --- International economics --- Tariffs --- Imports --- Surtax --- Valuation, origin and classification --- North American Free Trade Agreement --- Taxes --- Revenue administration --- Tariff --- Customs appraisal --- Commercial treaties --- United States