Using Computable General Equilibrium Models to Analyze Economic Benefits of Gender-Inclusive Policies
Computable general equilibrium (CGE) models are economy-wide simulation tools that can be very useful in answering the policy questions related to closing gender gaps. They allow us to estimate the contributions of gender-inclusive policies, quanti...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/376081592985325949/Using-Computable-General-Equilibrium-Models-to-Analyze-Economic-Benefits-of-Gender-Inclusive-Policies http://hdl.handle.net/10986/34003 |
| Summary: | Computable general equilibrium (CGE)
models are economy-wide simulation tools that can be very
useful in answering the policy questions related to closing
gender gaps. They allow us to estimate the contributions of
gender-inclusive policies, quantify costs and benefits of
associated reforms for policy prioritization, identify
winners and losers of suggested reforms, and understand
transmission channels. They also allow us to estimate
distributional and sectoral impact of economy-wide shock
such as the containment measures to mitigate the spread of
COVID-19 (Coronavirus). This note provides a brief overview
of computable general equilibrium model-based analysis in
the context of gender-inclusive policies. The purpose of
this note is to familiarize non-CGE modelers with this tool
and advance discussion on how results derived from it can be
used to aid policy dialogue and enhance the design and
implementation of gender activities in operations, leading
to more gender-inclusive economies and sustainable results
for women on the ground. The note covers what the World Bank
has been doing on this front, data requirements for such
analysis, and how to chart the way forward. |
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