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SAGE Computable General Equilibrium Model
Citation:
SAGE Computable General Equilibrium Model.
Impact/Purpose:
EPA's Office of Policy (OP) has developed a computable general equilibrium (CGE) model for use in regulatory analyses based on prior SAB advice to build capacity in CGE models to offer a more comprehensive assessment of the costs, benefits, and economic impacts of regulatory actions. CGE models are designed to capture substitution possibilities between production, consumption and trade; interactions between economic sectors; and interactions between a policy shock and pre-existing distortions such as taxes.
Description:
EPA's Office of Policy (OP) has developed a computable general equilibrium (CGE) model for use in regulatory analyses based on prior SAB advice to build capacity in CGE models to offer a more comprehensive assessment of the costs, benefits, and economic impacts of regulatory actions. CGE models are designed to capture substitution possibilities between production, consumption and trade; interactions between economic sectors; and interactions between a policy shock and pre-existing distortions such as taxes.
URLs/Downloads:
The SAGE CGE ModelSAB review of SAGE (PDF, NA pp, 495 KB, about PDF)
SAGE charge to SAB (PDF, NA pp, 268 KB, about PDF)
Peer Review Plan (PDF, NA pp, 37 KB, about PDF)