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General Equilibrium Modeling Package (GEMPACK) 


GEMPACK (General Equilibrium Modelling Package) is a suite of economic modelling software designed for building and solving applied general equilibrium models.

It can handle a wide range of economic behavior and contains powerful capabilities for solving inter-temporal models. GEMPACK calculates accurate solutions of an economic model, starting from an algebraic representation of the model equations. These equations can be written as levels equations, linearized equations or a mixture of these two.

The software includes a range of utility programs for handling the economic data base and the results of simulations, and is fully documented with plenty of examples.

Key questions addressed:

  • How do I adapt my CGE non-linear model to a linearized version?
  • How do I solve a large system of non-linear equations and develop my own model with this platform?

Sample data inputs:

  • Economic and energy data

Sample quantitative outputs:

  • Energy
  • Emissions
  • Macroeconomic
  • Trade

Access the GEMPACK tool.

Resources:

GEMPACK manual

Online training courses.

Tool Summary

Cost:
  • $1 - $10,000
Expertise Required:
  • Advanced
Geographic Scope:
  • National
  • Sectoral
Activities/Scale:
  • Policy
Impacts Assessed:
  • Economic
    • Gross Domestic Product
  • Environmental
    • Air
    • Greenhouse Gases