Computable general equilibrium modeling

Shahriyar Nasirov and Raul O’Ryan

Chapter 17 in Elgar Encyclopedia of Energy Economics, 2025, pp 64-65 from Edward Elgar Publishing

Abstract: Computable general equilibrium (CGE) modeling is a top-down modeling approach that models an economy in a comprehensive way and aims to explain the impact of a particular policy intervention or other relevant shocks on an entire economy. It is one of the most widely used economic models due to its ability to consistently assess the macroeconomic, sectoral, distributive, and environmental impacts of policy interventions. In this entry, the authors describe the concept of the CGE model, which represents the key distinction between CGE models due to their scope and complexities. Finally, it examines the classifications of the main groups of areas applied to the study of a wide and growing range of economic problems for both developed and developing countries.

Keywords: CGE Models; Static and Dynamic CGE Models; Single-Country; Multi-Country or Subnational/Regional Models; Applied Areas of CGE Studies (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035310364
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035310371.00022 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

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:elg:eechap:22238_17

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().