A comparison between the PEP 1-1 model and the IFPRI standard model
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International Food Policy Research Institute
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The PEP model is an extension of the widely used EXTER model and is the result of collaboration between Bernard Decaluwé, André Lemelin, Hélène Maisonnave and Véronique Robichaud from the PEP network. Given that there is a series of PEP models, we will focus here only on the static single country general equilibrium model called PEP1-1 (1 period – 1 country), which is comparable to the IFPRI model. It is a general model prepared for PEP members and other modelers for policy analysis at the national level.
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modelling, models, computable general equilibrium models