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.
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.
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AGRODEP-PEP WorkshopMay 14-25, 2012WORKSHOP Agenda |
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Monday, May 14 |
Tuesday, May 15 |
Wednesday, May 16 |
Thursday, May 17 |
Friday, May 18 |
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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. |
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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 |
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Monday, May 21 |
Tuesday, May 22 |
Wednesday, May 23 |
Thursday, May 24 |
Friday, May 25 |
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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 |
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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 |
