In this collection of 17 articles

Top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy.

This collection is particularly important because it presents a history of modeling applications and examines competing points of view.

Presenting coherent summaries of CGE theories that inform major model types

Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results

Shows how CGE modeling has made a contribution to economic policy