© Scott McDonald
S1: A Standard Applied General Equilibrium Model (STAGE_t) Part 1
This module provides and introduction to the STAGE_t CGE. The focus is primarily on the theory and the practicalities of setting up and running a single country CGE model using the GAMS software. The files for STAGE_t are contained in a number of sub directories; this may seem complicated at first but does have advantages. The model makes use of $SETGLOBAL to select files used when running the model and for experiments. Users are assumed to be using GAMS Studio as the editor.
Programme
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Topic |
Tasks |
Exercises |
Files (in order) |
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S1:1 |
Intro to STAGE_t |
Set up the course library |
Ex S1:1 Set up the course library |
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S1:2 |
Tax Instrument in stg_t |
Review stg_t and checking stg_t calibrates correctly |
Ex S1:2 Review the Model stg_t |
STAGE_t Tax instruments ppt.pdf |
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S1:3 |
Prices & accounting relationships: stg_t |
Code trade liberalisation with simulations is LOOP |
Ex S1:3 Trade Policy: Ad Valorem Tariff Changes |
STAGE_t_Price_Acc_Defn 1 ppt.pdf |
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S1:4 |
Production in stg_t |
Using SETGLOBAL and post simulation analyses files |
Ex S1:4 Accessing Model Results |
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S1:5 |
Final demand in stg_t |
Using Save and Restart feature |
Ex S1:5 Using Save and Restart |
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S1:6 |
Macroeconomic closures in stg_t |
Code alternative macroeconomic closures; loop over sim, clos |
Ex S1:6 Trade Policy and Tax Replacement |
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S1:7 |
Interpreting results |
Implications of different tax replacement instruments |
Ex S1:7 Interpreting model results |