Planning for Economic Recovery of South Asia from COVID-19- “Strengthening General Equilibrium Modelling Capacity in India”

Planning for Economic Recovery of South Asia from COVID-19- "Strengthening General Equilibrium Modelling Capacity in India"

NCAER will partner with ADB to build cutting-edge CGE modelling capacity in India in collaboration with the world’s leading CGE centers. Building on past CGE work and existing modelling capacity, the research institute will build dynamic, quarterly, and regional model variants to serve the policymaking community with economic policy simulations that enable better policy, program and investment choices in macro, industry, services, agriculture, trade, environment, land and labor. Efforts to bring in some dimension of rural-urban segmentation will be explored so as to enable analysis of selected issues relating to urban development.

Robust economic modelling offers both policy analysts and policymakers the opportunity to examine the impact of policy changes on their economies. Such models are particularly useful when they are economy wide, can offer quantitative impact assessments and sensitivity analysis around policy options, incorporate the influence of both domestic and foreign market developments, and can link assumptions and policy scenarios to outcomes. Economy-wide models allow analysts to trace the impact of economic changes and policies as their price and quantity effects ripple through the economy. Quantitative models offer a tool to articulate tradeoffs, including those important from a political economy perspective, showing the costs and benefits of “what-if” policy changes to key stakeholders.

Researchers

  • 400Planning for Economic Recovery of South Asia from COVID-19- “Strengthening General Equilibrium Modelling Capacity in India”

    Sanjib Pohit is a Professor at NCAER. He is an experienced modeler in the area of trade and environment with 20 years of modelling experience. His domain of research experience includes science and technology policies, institutional economics, transport economics, input-output models, FDI, informal trade, automobile industry, and South Asian integration. Previously, he held position at...   Read More

  • 2225Planning for Economic Recovery of South Asia from COVID-19- “Strengthening General Equilibrium Modelling Capacity in India”

    Devender Pratap is a Senior Fellow at NCAER. His current research interests include trade policy analysis/CGE modelling, GTAP database, social accounting matrix, input output analysis, construction of base-run for CGE modelling, macro-econometric modelling and agricultural/livestock economy. At NCAER, he has handled three major CGE models in single-country and multi-country frameworks. He has also been involved...   Read More

  • 19466Planning for Economic Recovery of South Asia from COVID-19- “Strengthening General Equilibrium Modelling Capacity in India”

    Chetana Chaudhuri is a Fellow at NCAER. Her primary research interests are in the areas of Energy, Environment, Macroeconomics, Employment and Health Economics. She has previously been associated with the National Institute of Public Finance and Policy (NIPFP), Public Health Foundation of India (PHFI) and Institute of Economic Growth (IEG). She has worked on a...   Read More

  • 2243Planning for Economic Recovery of South Asia from COVID-19- “Strengthening General Equilibrium Modelling Capacity in India”

    Asrar Alam is an Associate Fellow at the NCAER States, Sectors, Surveys, and Impact Evaluation division. He has worked on a wide variety of studies, including both survey and non-survey-based studies, some major studies include; Assessment of Faceless Assessment Scheme of Income Tax Department, Education Satellite Account, Tourism Satellite Accounts, Gems & Jewellery sector of...   Read More

External Team:
International Experts from Centre for Policy Studies, Victoria University, Australia