2014 Training Course - Advanced CGE Modeling: Models of Regional Trade Integration

Event Date: 
22 Jun, 2014 
Location: 
Dakar, Senegal 
 

overview

In this workshop, co-sponsored by the World Bank, the instructors will introduce and distribute innovative CGE software they have developed for the analysis of trade policy modeling in East Africa. They will also discuss new datasets on trade costs and their assessment in CGE models. The lectures will be a combination of hands on experience with the models and discussion and explanation of how to interpret results in these and related trade policy CGE models of regional trade integration. The models have been developed in GAMS-MPSGE.
 
  • Applications for all Advanced CGE Modeling courses occurring in June 2014 must be submitted by April 23, 2014.
  • Return to the Advanced CGE Modeling course page for links to the application form and other course descriptions.

course description

The models contain both competitive and imperfectly competitive sectors and includes foreign direct investment in business services sectors and Dixit-Stiglitz endogenous productivity effects from additional varieties in imperfectly competitive business services and manufacturing sectors. Imperfectly competitive sectors have the usual Krugman cost structure, with constant marginal costs and a fixed cost, while pricing is according to Chamberlinian monopolistic competition.
 
The objectives of the course are three-fold: (i) provide the participant with a modern innovative CGE modeling tool that the user could use in other applications of regional trade agreements;  (ii) to discuss the economic theory of regional trade integration in the context of how to interpret CGE models of regional trade and foreign direct investment; and (iii) introduce new datasets of trade costs, namely the ad valorem equivalents of barriers against foreign providers of services and trade facilitation costs and their assessment in CGE models.
 

 Prerequisites

  • Members must submit a link to their Google Scholar Citation page before their applications will be considered. Links can be sent to Kathryn Kincheloe.
  • It is strongly suggested that applicants have previous experience with CGE modeling and GAMS.

Instructors

Professor Thomas F. Rutherford earned a PhD in Operations Research from Stanford University in 1987 under the direction of Alan S. Manne. He has subsequently been a faculty member at the University of Western Ontario, the University of Colorado, and the ETH Zurich before joining the University of Wisconsin in 2012. Professor Rutherford's research focuses on the formulation, solution and application of numerical equilibrium models for economic issues in environmental economics, international trade and economic growth. His work has focused on the economic analysis of global warming, the economic consequences of multi-regional trade agreements, the economic effects of trade reform in small open economies. His research has also included methodological contributions related to the application of complementarity models in economics.
 
Dr. David G. Tarr is a consultant and former Lead Economist with the World Bank. Dr. Tarr has worked in 30 countries providing trade policy advice on a wide range of trade policy issues. He has authored more than 60 refereed journal articles, written or edited 14 books or monographs and over 100 other professional papers. He is producing a two volume set of his own collected publications for World Scientific Publishers; the first volume, entitled Applied Trade Policy Modeling in 16 Countries: Insights and Impacts from World Bank CGE Based Projects, appeared in March 2014. In the fall of 2013, he wrote the Trade Policy Strategic Action Plan for 2013-2017, adopted by the Ministers of the ten country Central Asian Regional Economic Cooperation. Dr. Tarr has recently contributed an article to the Handbook of Computable General Equilibrium Modeling. He also has on-going projects on trade and the environment in Russia, regional integration agreements and trade costs in East and Southern Africa and WTO accession in Belarus.