|EPA Designated Federal Officer (DFO):||Holly Stallworth|
|Responsible Committee/Panel:||Computable General Equilibrium (CGE) Model Review Panel|
A list of members can be found in the final report included in the Advisory Activity linked to this panel or committee.
See EPA’s PDF page to learn more about PDF files.
|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.|