Call for Applications to participate in the Capacity Building Workshop on CGE Modeling for Trade Policy Analysis at The School of Economics, Faculty of Business and Economics The University of the South Pacific (USP) in collaboration with World Trade Organisation (WTO), Geneva and Asia-Pacific Research and Training network on Trade (ARTNeT)/ Economic and Social Commission for Asia and the Pacific (ESCAP), Bangkok
Dates: 23-27th July 2012, School of Economics, The University of the South Pacific
Venue: The University of the South Pacific, Suva, Fiji Islands
Expert: Professor John Gilbert, Department of Economics and Finance, Utah State University, USA
Coordinator: Dr Dibyendu Maiti, Associate Professor, School of Economics, Faculty of Business and Economics, The University of the South Pacific, Fiji Islands
Last date of submitting application: 30th June 2012
Introduction and Background: The role of trade in accelerating the growth of a country has been increasingly observed in the empirical literature. But, many issues and questions have still remained unanswered or partially answered. For example, questions have been whether trade reduced the level of poverty, raised employment and overall welfare in countries undertaking trade liberalization and under which conditions? These are after all some of the burning questions that still remain under-researched, partially answered with weak empirical results and hence there is growing empirical concern among the policy makers and academicians all over the world. With the advances of theories, a significant development has taken place in the empirical methodologies especially for the analysis of policy impacts. The use of Computable General Equilibrium (CGE) framework, both single and multi-country model, has been thriving for the policy analysis of macroeconomic issues where time series data are scarce or not. CGE models are descended from the input-output models pioneered by Wassily Leontief. These are also useful to estimate the economic effects of measures to reduce greenhouse gas emissions, taxation, energy, land, migratory movements and other upcoming issues in global economy. But, the techniques used in this approach are quite complex and difficult even for economists not regularly dealing with this type of analysis. Therefore, there is a strong need to build the capacity to handle such methodologies applicable for empirical investigations in the South Pacific economies. Practically, many of these countries do not have a proper input-output table for the analysis using a computable general equilibrium model. This workshop is set to train the policy makers and scholars on such framework. For the practical benefits in the region, this capacity building effort is planning to provide a platform for interaction between academics and policy markers.
WTO-USP-ARTNeT Partnership The University of the South Pacific is the premier institution of higher learning for the Pacific region. The university has an ongoing research programme on policy analysis, trade integration and economic growth in the region and runs a course on Trade Liberalisation and WTO studies on face-to-face mode. USP has been a founding member of the ARTNeT and has participated in a number of ARTNeT-driven initiatives at the UN-ESCAP (Bangkok). This has been another joint initiative to build up capacity in the region and enhance the existing collaboration.
Content of the workshop:
- Introduction to CGE Analysis
- Recent CGE Analyses for Trade Policy
- The Building Blocks of CGE Models : Modeling Demand, Modeling Production, Modeling Trade
- Introduction to GAMS and building the 2 x 2 model
- The Standard CGE Model and application
- Policy Instruments and Distortions: Tariff, Domestic taxes and Subsidies, Factor Market Distortions
- Data requirements of CGE using SAM
- Discussion on individual research Issues and Pacific Economics
There is no fee for attending the workshop. But, limited applicants will be invited to participate. Participants may be asked to present their interests. Send your application with an expression of interests and purposes to Ms. Susan L Tafunai-Mani (email@example.com) before 30th June 2012. Limited funds are available to meet travelling and accommodation expenses for outside candidates. For further information please contact the workshop coordinator (maiti_d(at)usp.ac.fj).
Address for Correspondence: Faculty of Business and Economics The University of the South Pacific Laucala Campus, Suva, Fiji Islands Ph: +679 3232706, Fax: +679-3232522
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