ECONOMIC RESEARCH METHODS

  • Econometric models for time-series cross-section and panel data.
  • Non-parametric models including Data Envelope Analysis and Structural Equation Modeling.
  • Computable General Equilibrium (CGE) modeling.


CGE Modeling

The EPRU is building the first CGE model of the UAE Economy.  CGE models are the primary economic analysis tool for analyzing the impacts of important changes in an economy. CGE models are used extensively by governments, government agencies and businesses in developed and developing economies throughout the world.

In partnership with local governmental and international organizations, the EPRU will provide the framework for the development and analysis of a CGE model for the economy.

Sample CGE Model

CGE Labor Market Model

The CGE model will help answer questions such as:

  • How important are the contributions of the different emirates to the UAE economy?
  • What will happen to the economy if trade barriers are removed between GCC countries?
  • How well placed is the UAE economy to cope with the end of oil exports?
  • What can the UAE government do to increase the labor market participation rates and employment rates for Emiratis?
  • What can the UAE government do to keep the economy growing and diversifying?

Sample Labor Market Model

Last Updated: 26-Nov-2006 10:18 PM

 
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