Validating a detailed, dynamic CGE model of the U.S.: progress report

Peter B. Dixon and Maureen T. Rimmer

No 331774, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: For many years we have been using computable general equilibrium models in Australia and the U.S. to generate detailed forecasts of output growth for commodities/industries. Our main objective is to provide realistic basecases from which to calculate the effects of policy changes. In this paper, we have started assessing our forecasting method. Using data available up to 1998, we apply the method with the USAGE model to generate “genuine forecasts” for 500 U.S. commodities/industries for the period 1998 to 2005. We then compare these forecasts with actual outcomes.

Keywords: Research Methods/Statistical Methods; Agricultural and Food Policy (search for similar items in EconPapers)
Pages: 23
Date: 2008
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/331774/files/3776.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331774

Access Statistics for this paper

More papers in Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().