Spatial networks in multi-region computable general equilibrium models

The spatial dimension of economic policy is often important. However, as opposed to partial-equilibrium multi-region programming models, existing multi-region Computable General Equilibrium (CGE) models have rarely explicitly treated geographical space. This paper develops a spatial-network, mixed-complementarity CGE model that combines the strengths of CGE and partial-equilibrium programming models. We implement the model with a prototype data set for a stylized, poor, developing country with rural regions linked to an urban region that provides the gateway to international markets. We demonstrate that the model provides a good framework for analyzing the impact of higher world prices and reduced domestic transportation costs.


Issue Date:
1999-01
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/97555
Total Pages:
33
JEL Codes:
C68; D58; R13; O18
Note:
"January 1999." Includes bibliographical references (p. 22-24).
Series Statement:
TMD Discussion Paper
35




 Record created 2017-04-01, last modified 2017-05-27

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)