General Equilibrium Modeling Package (GEMPACK)

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GEMPACK (General Equilibrium Modeling PACKage) is a suite of economic modeling software designed for building and solving applied general equilibrium models.



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This tool is included in the Development Impacts Assessment (DIA) Toolkit from the LEDS Global Partnership.

Approach

The GEMPACK is used for building and solving applied general equilibrium models, including those to evaluate the impacts of greenhouse gas mitigation policies. GEMPACK calculates economic model solutions, starting from an algebraic representation of the model equations. These equations can be written as levels equations, linearized equations or a mixture of the two. The software includes a range of utility programs for handling the economic data base and the results of simulations, and is fully documented with several examples.


When to Use This Tool

This tool is most useful for development impacts assessments focused on:

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Social

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Economic

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Environmental

Learn more about the topics for assessing the impacts of low-emission development strategies (LEDS).

Key Outputs

Energy, emissions, macroeconomic, trade



How to Use This Tool

Training Available
Manual, detailed instructions and hands-on examples are provided; training courses available online at: http://www.copsmodels.com/courses.htm

Level of Expertise
Advanced

Key Inputs

Economic and energy data



Case Studies

Examples of how General Equilibrium Modeling Package (GEMPACK) has helped people assessing the impacts of low-emission development strategies in countries and regions:

Case studies are available at: http://www.monash.edu.au/policy/midas.htm





References