Urban CGE Modeling: An Introduction

Julia Lechner

SRE-Disc from Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business

Abstract: Cities are usually confronted with a large variety of economic development choices. With growing environmental concern as well as rising income and wealth inequalities, assessment of the impacts of such choices is likely to gain in importance. Consequently, the demand for adequate assessment tools will grow. Computable general equilibrium (CGE) models analyze issues of resource allocation and income distribution in market economies. They have become a widely accepted tool for policy assessment over the past two decades but are currently still primarily a field for specialists. This is particularly distinctive in the case of urban CGE models, which are the focus of this paper.

Pages: 20 pages
Date: 2011
New Economics Papers: this item is included in nep-cmp and nep-ure
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