General overview
The training course examines the global economy in its entirety, taking into account the interaction between all markets and income effects. It focuses on the simultaneous formation of equilibrium on all markets. In that sense, it is opposed to partial equilibrium analysis, which focuses on the clearance of the market of some specific goods independently of prices and quantities demanded and supplied in other markets.
Multi-Country, Multi-Sector General Equilibrium Models are General Equilibrium models calibrated on actual data and aimed at describing the functioning of the world economy. It is a very powerful technique which allows for the study of equilibrium and comparative statistics about how the world economy reacts to a shock, taking into account constraints on supply capacities, interdependence effects, and income effects. MIRAGRODEP is a Multi-Sector, Multi-Country Computable General Equilibrium model initially devoted to trade policy analysis and more recently applied to long-term growth and environmental issues. The training session will include: (1) a mandatory online module (estimated length of module is 19 hours) and (2) on-site activities. The online module is mandatory and should have been fully assimilated by participants before the start of on-site activities. During the first day of the on-site course, a test will be administered on all the elements related to the online training; members' successful completion of this test is critical to future participation in AGRODEP activities. After completion of the test, on-site activities will comprise a three-day course consisting mainly of computer work. This course will not be comprehensive but should give the participants a solid basis for General Equilibrium Analysis with MIRAGRODEP.
Outline of course
Online module (19 hours)
This page is available only to AGRODEP members.
On-site activities: Training on MIRAGRODEP:
This page is available only to AGRODEP members.
Instructor
Dr. Antoine Bouet is a Senior Research Fellow and co-leader of the Globalization and Markets Program in the Markets, Trade and Institutions Division (MTID) of IFPRI. He conducts research on global trade modeling, trade policies, regional agreements, and multilateral trade negotiations. He is also Professor of Economics at University of Montesquieu Bordeaux IV (France). He was previously Scientific Advisor at the Centre d’Etudes Prospectives et d’Informations Internationales (CEPII), Paris where he participated in the development of the MIRAGE model of the world economy and the MAcMAP-HS6 database on market access. He has carried out research on market access, global trade modeling, the economics of trade retaliation, and the relationship between trade policy and Research and Development. He has been Director of the Centre d’Analyse et de Traitement des Donnees Economiques (CATT) in France (1996-2004), and Chairman of the European Research Network on International Economics and Finance (2002-2004). He was also editor of Revue Economique and Economie Internationale – International Economics. Recently, he has been awarded the Alan A. Powell Award 2010, presented each year by the Global Trade Analysis Project (GTAP) to recognize outstanding service of a representative serving on the GTAP Advisory Board. Prior to this, he was also awarded the GTAP Research Fellow. He is co-author of “Agricultural Trade Reform and the Doha Development Agenda”, edited by Kym Anderson and Will Martin, a book which got the Scientific Communication Award by the American Association of Agricultural Economics (Rhode – Island, 2005). He is a French citizen and received a PhD in economics from the University of Bordeaux.
Dr. David Laborde is a Senior Research Fellow and leader of the “Globalization and Markets” research program in the Markets, Trade, and Institutions Division (MTID) of IFPRI. His research interests include international trade, measurement and modeling of protectionism, multilateral and regional trade liberalization as well as environmental issues (climate change, biofuels). He has developed the MAcMapHS6 and the TRAD databases on tariffs as well as the TASTE software. He is a contributor to the GTAP database and a GTAP research fellow since 2005. Prior to joining IFPRI, he was an Economist at the Centre d'Etudes Prospectives et d'Informations Internationales (CEPII), Paris between 2003 and 2007 and lecturer at the Université de Pau in France. He received his PhD from the University of Pau in 2008. He has also worked as consultant for the European Commission, the Economic Commission for West Africa, the World Bank, USAID, and various UN agencies.
ONLINE APPLICATION
Click here to apply for this course. Applications are welcome until 31 October, 2012.
- Readings (4 hours)
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Exercises (6 hours)
- General Introduction to Multi Country Multi Sector CGE analysis
- The Theoretical Structure of MIRAGRODEP The Supply Side/The Demand Side/Incomes/Taxation/Factor Markets/Public Closure/External Closure
- Calibration
- Experiment