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GTAP Resource #2848

"Moving from Static to Dynamic General Equilibrium Economic Models (Notes for a beginner in MPSGE)"
by Paltsev, Sergey


Abstract
The document is intended to serve as a guide for beginners in MPSGE. It starts with a short introduction to the class of economic problems which can be solved with MPSGE, followed by a detailed description of step-by-step transformation of a simple static general equilibrium model into a dynamic Ramsey model. The model is based on a simplified dataset. Two cases are considered: the first dataset represents an economy on the steady-state growth path and the second dataset is off the steady-state growth path in a base year. The paper includes GAMS-MPSGE codes which can be copied and used as a starting point for further exploration of dynamic economic modelling.


Resource Details (Export Citation) GTAP Keywords
Category: Other CGE Application
Status: Not published
By/In: MIT Joint Program on the Science and Policy of Global Change
Date: 2004
Version: Technical Note No. 4
Created: Batta, G. (9/9/2008)
Updated: Batta, G. (9/15/2008)
Visits: 1,573
- Dynamic modeling


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  File format GTAP Resource 2848  (522.6 KB)   Replicated: 0 time(s)


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