On the use (fulness) of CGE modelling in trade negotiations and policy

Renato Flôres Junior

No 564, FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) from EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil)

Abstract: This paper discusses a series of issues related to the use and different possible applications of CGE modelling in trade negotiations. The points addressed range from practical to methodological questions: when to use the models, what they provide the users and how far the model structure and assumptions should be explained to them, the complementary roles of partial and general equilibrium modelling, areas to be improved and data questions. The relevance of the modeller as the final decision maker in all these instances is also highlighted.

Date: 2004-08
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