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 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 in...   Read More

  • 13314Planning for Economic Recovery of South Asia from COVID-19- “Strengthening General Equilibrium Modelling Capacity in India”

    Somya Mathur is an Associate Fellow at NCAER.  She is working on CGE Models. Previously, she was working with Infinite Sum Modelling Inc., USA; Pune International Center on Climate Change impacts and has also worked with Ministry of Panchayati Raj. Her domain areas are trade and climate change. She has attained her Masters from Gokhale Institute...   Read More

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

    Asrar Alam is a Research Analyst at NCAER. Since January 2011 he has been working on NCAER’s landmark study, the “National Survey of Household Income and Expenditure (NSHIE)”. Involved since its inception, Asrar has actively contributed to the sampling process, data collection and cleaning techniques. Other than this, he has also worked on two other projects...   Read More

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