2012 Training Course - GAMS-based Computable General Equilibrium Modeling (Basic)

Event Date: 
14 May, 2012 - 25 May, 2012 
Location: 
Entebbe, Uganda 

The training on building multi-sector computable general equilibrium (CGE) models was conducted by Veronique Robichaud, a senior resource person at the Partnership for Economic Policy (PEP). The objective of the training was to develop the participants’ expertise in understanding and building multi-sector computable general equilibrium (CGE) models used to analyze the microeconomic impact of macroeconomic shocks and policies on a national economy.

 
The training was set out so as to favor both the understanding of the theoretical foundations of CGE modeling and the implementation of such models. The workshop consisted of formal presentations, practical exercises using GAMS, and team work.

During the two-week workshop, participants learned how to:

•        Understand the logic and uses of CGE models to analyze economic issues;

•        Understand social accounting matrices (SAM), i.e. the statistical base used in developing CGE models;

•        Have a basic knowledge of the GAMS software;

•        Be able to solve most of the programming errors modelers encounter;

•        Be able to use a model representing an open economy;

•        Modify a simple model in order to take into account certain specificities;

•        Understand and explain simulation results.

 

COURSE CONTENT

 

before the training

A set of readings and exercises will be sent to the participants prior to the workshop in order for them to review economic concepts and to get them familiarized with CGE modeling and their statistical base (SAM). This material will be sent a month in advance and should be considered as a prerequisite to the workshop itself.

Workshop

The agenda for the workshop is given in the table below.

TRAINING MATERIALS

Training materials are available only for AGRODEP members.

COURSE INSTRUCTOR

Véronique Robichaud completed a Bachelors Degree (1992) and a Masters Degree in Economics (1994) at Université Laval. Her graduate studies along with her ongoing research activities at the CIRPÉE (Centre interuniversitaire sur le risque, les politiques économiques et l'emploi) have contributed to the development of strong analytical capacities. Over the years, she has been involved in the development of analytical tools, such as computable general equilibrium models, for the CIRPÉE, Finance Canada, the Department of Finance of Québec and other research centers. Given her strong academic background and her communication skills, she has been involved in many training sessions and acts as a lecturer at the HEC Montréal (Canada). Véronique Robichaud participated in numerous research projects related to regional and international agreements, aboriginal issues, international development and environment.

 


 

 

AGRODEP-PEP Workshop

May 14-25, 2012

WORKSHOP Agenda

 

 

Monday, May 14

Tuesday, May 15

Wednesday, May 16

Thursday, May 17

Friday, May 18

AM

Opening

Opening remarks, presentation of participants and overview background material.

The AUTA model Continuation of the implementation on GAMS of the AUTA model.

Exercises on GAMS

Exercises on GAMS to familiarize participants with the software.

The AUTETA model

Implementation on GAMS of the AUTETA model.

The AUTETA model Simulations using the AUTETA model and interpretation of results.

PM

The AUTA model

Presentation of the SAM and equations for the AUTA model.

Implementation on GAMS.

The AUTA model

Simulations using the AUTA model and interpretation of results.

The AUTETA model

Presentation of the SAM and equations for the AUTETA model.

The AUTETA model Continuation of the implementation on GAMS of the AUTA model.

Free afternoon

 

Monday, May 21

Tuesday, May 22

Wednesday, May 23

Thursday, May 24

Friday, May 25

AM

The EXTER model

Presentation of the SAM and equations for the EXTER model.

The EXTER model Implementation on GAMS of the EXTER model.

The EXTER model

Discussion on closures and simulations using the EXTER model.

The EXTER2 model

Modeling of an international demand for exports. Review of equations and implementation on GAMS

Application

Simulation of a world recession and interpretation for a policy maker.

 

Closing remarks

PM

The EXTER model Parameterization and calibration of the EXTER model.

The EXTER model

Continuation of the implementation on GAMS of the EXTER model.

The EXTER model

Simulations using the EXTER model and interpretation of results.

The EXTER2 model Simulations using the EXTER2 model and interpretation of results.

Free afternoon

 

Online Application

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