A paragraph on how CGE have been used – mostly generic CGE models / non-specialised in developing contexts nor investment-oriented [CGE models focusing on a developing context – IFPRI/TIPS, MAMS, STAGE_DEV]
This paper introduces an investment-oriented general equilibrium model to capture the three components of a project life-cycle: construction, financing and project operation.
We assess the economy-wide implications of these phases by using the case of the Bui Dam construction in Ghana. Details VN