Three applications of regional CGE models
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This dissertation focuses on the development of the basic Colorado (CO) CGE model, a generalized multi-sector, multi-household dynamic, myopic, single region CGE model created for the State of Colorado in GAMS MPSGE. Three model variants are constructed and described, built in order to analyze specific policies in areas of the model for the same region with maximum detail while maintaining general model tractability. The first model variant, the Colorado Real Estate (CO-RE) model, adds significant detail to capital and property markets including one critical feature of such markets not generally ...