EPA Science Advisory Board (SAB)

Technical review of EPA’s new computable general equilibrium (CGE) model, SAGE

EPA Designated Federal Officer (DFO):Holly Stallworth
202-564-2073
stallworth.holly@epa.gov
Responsible Committee/Panel:Computable General Equilibrium (CGE) Model Review Panel

See EPA’s PDF page to learn more about PDF files.


BACKGROUND
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. OP has requested SAB review of both the code and documentation to ensure that it reflects established modeling practices and parameterization in the economics profession.

Agency Charge . (PDF, 5 pp., 267,621 bytes)

Agency Review Document(s):

PDF for Public Zip Files for SAGE CGE Model