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Considerations and challenges when choosing a Partial Equilibrium modelling (PE) and Computable General Equilibrium modelling (CGE) for global long-term analysis of food and agriculture

Year: 2017

Presentation by Marc Müller, Aikaterini Kavallari, Dominik Wisser and Lorenzo G. Bellù at the XV European Association of Agricultural Economists Congress [Parma, Italy / 29 August – 1 September 2017].

This presentation outlines the challenges in using Partial Equilibrium (PE) and Computable General Equilibrium (CGE) models for simulating future scenarios in long-term foresight exercises. It puts forward considerations and examples based on the experience in building baselines for the FAO report "The future of food and agriculture – Alternative pathways to 2050".

Resource type: Presentations