Arbeitspapier

Philippine Computable General Equilibrium Model (PCGEM)

This paper discusses the structure of the Philippine computable general equilibrium model (PCGEM). The model is a medium-sized CGE model of the Philippine economy. It disaggregates the production sector into 34 sectors. It incorporates 3 types of factor inputs; labor, variable capital and capital. The household sector is grouped in decile. Production differentiation is introduced in imports and exports. PCGEM is a neoclassical CGE model, with price clearing mechanisms. Furthermore, it is a full employment model. At its present state, the model is closed with fixed current account balance, fixed exchange rate (the numeriare), and endogenous PINDEX, which is the weighted value added price (or the GDP deflator). Also, savings go back into the system in the form of investments. The model is static and calibrated using the 1990 social accounting matrix and the 1990 sectoral tariff revenue. PCGEM is coded in a software called General Algebraic Modelling System (GAMS).

Language
Englisch

Bibliographic citation
Series: PIDS Discussion Paper Series ; No. 2000-33

Classification
Wirtschaft
Subject
economic/development modelling
Allgemeines Gleichgewicht
Volkswirtschaft
Philippinen

Event
Geistige Schöpfung
(who)
Cororaton, Caesar B.
Event
Veröffentlichung
(who)
Philippine Institute for Development Studies (PIDS)
(where)
Makati City
(when)
2000

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Cororaton, Caesar B.
  • Philippine Institute for Development Studies (PIDS)

Time of origin

  • 2000

Other Objects (12)