Documentation and Use of DYNAGEM: A Dynamic Applied General Equilibrium Model for Policy Analysis

Xinshen Diao

No 278834, Staff Reports from United States Department of Agriculture, Economic Research Service

Abstract: This report documents the Dynamic Applied General Equilibrium Model (DYNAGEM) developed at the U.S. Department of Agriculture's Economic Research Service to analyze issues of regional integration. In contrast with static CGE models, DYNAGEM endogenizes major intertemporal economic behavior, such as investment, savings, and international capital flows. The model can more satisfactorily analyze economic adjustment processes induced by a policy change in both the short- and medium-run. Here, the model is applied to NAFTA to illustrate the framework's ability to gauge policy impacts.

Keywords: Agricultural and Food Policy; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 35
Date: 1999-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:278834

DOI: 10.22004/ag.econ.278834

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