CAPRI
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capri:concept:regcge [2013/05/27 14:49] – external edit 127.0.0.1capri:concept:regcge [2022/11/07 10:23] (current) – external edit 127.0.0.1
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       <H1>Regional CGES</H1>       <H1>Regional CGES</H1>
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      <H3>Overview</H3>      <H3>Overview</H3>
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      <div style="float:right;padding:25px>      <div style="float:right;padding:25px>
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        <a href="images\regcge_overview.jpg"><img style="text-decoration: none;border: none;color: white" src="images\regcge_overview.jpg" width="300px"/></a></div>        <a href="images\regcge_overview.jpg"><img style="text-decoration: none;border: none;color: white" src="images\regcge_overview.jpg" width="300px"/></a></div>
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      <P>The regional CGEs had been developed in the <A HREF="http://www.ilr.uni-bonn.de/agpo/rsrch/capri-rd/caprird_e.htm">CAPRI-RD project</A>. There is one independent model for each European country,      <P>The regional CGEs had been developed in the <A HREF="http://www.ilr.uni-bonn.de/agpo/rsrch/capri-rd/caprird_e.htm">CAPRI-RD project</A>. There is one independent model for each European country,
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      dis-aggreggated to NUTS 2 administrative regions, covering all economic activities broken down to 11 sectors: Agriculture, Forestry, Other primary production, Food processing, Other manufacturing,      dis-aggreggated to NUTS 2 administrative regions, covering all economic activities broken down to 11 sectors: Agriculture, Forestry, Other primary production, Food processing, Other manufacturing,
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      Energy products, Construction, Trade and transport, Hotels and restaurants, Education and Other services.</P>      Energy products, Construction, Trade and transport, Hotels and restaurants, Education and Other services.</P>
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      <P><B>Production</B> is modelled by a CES function which substitutes between the value aggregate (labor, land, capital) and intermediates. Labor, land, capital use decisions are again depicted by a CES      <P><B>Production</B> is modelled by a CES function which substitutes between the value aggregate (labor, land, capital) and intermediates. Labor, land, capital use decisions are again depicted by a CES
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      function, as is the overall shares of imported, regionally or domestically produced intermediates, whereas overall composition of intermediate demand from sectors is fixed. A CET function distributes regional      function, as is the overall shares of imported, regionally or domestically produced intermediates, whereas overall composition of intermediate demand from sectors is fixed. A CET function distributes regional
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      suply to the regional, domestic or international market.</P>      suply to the regional, domestic or international market.</P>
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      <P>Different market representations are possible for <B>primary factors</B>. They might be fixed them at sector level or rendered fully mobile. In the case of labor, the unemployment rate can be endogenized based on the wage curve concept.      <P>Different market representations are possible for <B>primary factors</B>. They might be fixed them at sector level or rendered fully mobile. In the case of labor, the unemployment rate can be endogenized based on the wage curve concept.
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      Imperfect factor mobility for capital can be based on the DPSV investment rule which renders the overall capital stock endogenous.<P>      Imperfect factor mobility for capital can be based on the DPSV investment rule which renders the overall capital stock endogenous.<P>
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      <P><B>Final demand</B> is depicted with a Linear Expenditure System. The model comprises optionally a net migration function which let population size react to changes in the unemployment rate and regional capita income      <P><B>Final demand</B> is depicted with a Linear Expenditure System. The model comprises optionally a net migration function which let population size react to changes in the unemployment rate and regional capita income
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      compared to national averages. The net migarion function render also regional labor demand endogenous. The Armington assumption drives the composition of final demnad from the regional or domestic market and imports.</P>      compared to national averages. The net migarion function render also regional labor demand endogenous. The Armington assumption drives the composition of final demnad from the regional or domestic market and imports.</P>
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      The <B>state</B> is broken down to national and reigonal budgets, and be closed either via savings (resp. fresh debt) or by adjusting income tax rates.</P>      The <B>state</B> is broken down to national and reigonal budgets, and be closed either via savings (resp. fresh debt) or by adjusting income tax rates.</P>
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      <P>Majoral structural elements of the model can also be found in the REGFIN modelling system.</P>      <P>Majoral structural elements of the model can also be found in the REGFIN modelling system.</P>
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      <P>Further reading:</P>      <P>Further reading:</P>
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      <UL>      <UL>
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         <P><A NAME="D3.2.3"><A HREF="http://www.ilr.uni-bonn.de/agpo/rsrch/capri-rd/docs/d3.2.3.pdf">T&ouml;rm&auml; H. and Zawalinska, K., <B>Final documentation of the CGERegEU+ model</B></A>, CAPPRI-RD Deliverable 3.2.3</P>         <P><A NAME="D3.2.3"><A HREF="http://www.ilr.uni-bonn.de/agpo/rsrch/capri-rd/docs/d3.2.3.pdf">T&ouml;rm&auml; H. and Zawalinska, K., <B>Final documentation of the CGERegEU+ model</B></A>, CAPPRI-RD Deliverable 3.2.3</P>
-        <P><A NAME="D3.2.4"><A HREF="http://www.ilr.uni-bonn.de/agpo/rsrch/capri-rd/docs/d3.2.4.pdf">Britz W., <B>RegCgeEU+ in GAMS, documentation including the Graphical User Interface</B></A>, CAPPRI-RD Deliverable 3.2.4</P>+ 
 +        <P><A NAME="D3.2.4"><A HREF="/docs/regcgeEU.pdf">Britz W., <B>RegCgeEU+, documentation including the Graphical User Interface</B></A>, based on CAPPRI-RD Deliverable 3.2.4</P> 
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      </UL>      </UL>
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      <H3>Policy presentation</H3>      <H3>Policy presentation</H3>
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      <P>The CGEs comprise a module which maps the measures from the second Pillar of the CAP into shocks for the regional CGEs.</P>      <P>The CGEs comprise a module which maps the measures from the second Pillar of the CAP into shocks for the regional CGEs.</P>
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      <H3>Technical realisation</H3>      <H3>Technical realisation</H3>
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      <P>As the rest of the CAPRI modelling system, the regional CGEs are realised in      <P>As the rest of the CAPRI modelling system, the regional CGEs are realised in
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      <A HREF=http://WWW.GAMS.COM>GAMS</A> and solved with the non-linear solver <A HREF=http://www.conopt.com>CONOPT</A>      <A HREF=http://WWW.GAMS.COM>GAMS</A> and solved with the non-linear solver <A HREF=http://www.conopt.com>CONOPT</A>
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      developed by Arne Drud. A very simiar version of the models is also available in GEMPACK.      developed by Arne Drud. A very simiar version of the models is also available in GEMPACK.
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      Several GAMS processes are spawned in parallel to solve the regional CGEs. The models can also be used independently from the other CAPRI modules.</P>      Several GAMS processes are spawned in parallel to solve the regional CGEs. The models can also be used independently from the other CAPRI modules.</P>
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      <H3>Additonal material</H3>      <H3>Additonal material</H3>
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      <P>The following set of slides had been produced for a training session at JRC-IPTS</P>      <P>The following set of slides had been produced for a training session at JRC-IPTS</P>
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      <UL>      <UL>
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         <P><A HREF="../docs/CGE_basics.PPTX">Introduction</A></P>         <P><A HREF="../docs/CGE_basics.PPTX">Introduction</A></P>
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         <P><A HREF="../docs/CGE_modelling_pillarII.PPTX">Pillar II modelling</A></P>         <P><A HREF="../docs/CGE_modelling_pillarII.PPTX">Pillar II modelling</A></P>
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         <P><A HREF="../docs/CGE_Linkage.PPTX">Linkage with CAPMOD</A></P>         <P><A HREF="../docs/CGE_Linkage.PPTX">Linkage with CAPMOD</A></P>
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         <P><A HREF="../docs/CGE_IT.PPTX">Selected coding aspects</A></P>         <P><A HREF="../docs/CGE_IT.PPTX">Selected coding aspects</A></P>
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      </UL>      </UL>
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