Module S2

Applied General Equilibrium Modelling ANNARES, STAGE and R23 Models

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S2: A Standard Applied General Equilibrium Model (STAGE_t) Part 2

This module extends the development of the theory and the practicalities of setting up and running STAGE_t CGE model using the GAMS software. In parallel with the process of learning about the properties of the model the module further develops the practical aspects of running policy experiments.

Programme

Next Module

	Topic	Tasks	Exercises	Files (in order
S2:1	Price and Accounting Relationships 2	Setting up the model	Ex S2:1a Model Setup Ex S2:1b Factor Market Clearing	STAGE t Model Std Checks ppt.pdf STAGE t Model Std Checks.mp4 STAGE_t Exercises S2.pdf STAGE t Price Acc Defn 2 ppt.pdf STAGE t Price Acc Defn 2.mp4
S2:2	Factor supply and demand	Factor input subsidies	Ex S2:2 Factor Input Subsidies	STAGE t Factor Supply by Institutions ppt.pdf STAGE t Factor Supply by Institutions.mp4
S2:3	Factor Market clearing	Factor input subsidies & factor market clearing	Ex S2:3 Factor Market Clearing	STAGE t Mkt Clearing ppt.pdf STAGE t Mkt Clearing.mp4
S2:4	Trade & Sensitivity analyses 2	Trade and Sensitivity analyses	Ex S2:4 Trade Policy and Sensitivity Analysis	STAGE t Trade ppt.pdf STAGE t Trade.mp4 STAGE t Sensitivity Analyses ppt.pdf STAGE t Sensitivity Analyses.mp4
S2:5	Production & Sensitivity analyses 2	Production and Sensitivity analyses	Ex S2:5 Factor Input Subsidies and Production Elasticities	STAGE t Violating Loop ppt.pdf STAGE t Violating Loop.mp4
S2:6	Additional options in STAGE_t	Adjusting model features	Ex S2:6 Model Setup & Calibration: Extra Options	STAGE t Model Setup ppt.pdf STAGE t Model Setup.mp4
S2:7	Changing model behaviour	Replacing an ad valorem tax with specific tax	Ex S2:7Adding a Specific Tax Instrument
S2:8	Interpretation	Factor subsidies and sensitivity analyses