@article{Jin:333057,
      recid = {333057},
      author = {Jin, Ding and Thube, Sneha Dattatraya and Hedtrich,  Johannes and Henning, Christian and Delzeit, Ruth},
      title = {A Baseline Calibration Procedure for CGE models: An  Application for DART},
      address = {2019},
      year = {2019},
      note = {Presented at the 22nd Annual Conference on Global Economic  Analysis, Warsaw, Poland},
      abstract = {In the recent years the research interests in the field of  Computable General Equilibrium (CGE) modeling has been  placed on calibrating the baseline dynamics to forecasts.  This paper suggests the formal method to calibrate all  exogenous parameters of the Dynamic Applied Reional Trade  (DART) model to forecasts from the the World Energy Outlook  2018 re_x0002_port. First, we determine the exogenous  parameters (inputs) and forecasts (outputs) for the  calibration procedure. Then we use the metamodeling method  to generate surrogate models for the DART model. In the  next step, we implement the Maximum A Posterior (MAP)  method to estimate the exogenous parameters that are used  to calibrate the baseline dynamics. Finally, we run the  simulation with the estimates to test the performance.},
      url = {http://ageconsearch.umn.edu/record/333057},
}