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A Computable General Equilibrium Model of Cedar Rapids

Published

Author(s)

Jennifer Helgeson, Juan Fung, Cheyney O'Fallon, David Webb, Harvey Cutler

Abstract

This report presents the development of a Computable General Equilibrium (CGE) model for the regional economy of Cedar Rapids, Iowa. The general approach that this case study takes is outlined in Helgeson et al. [1] as a method to quantify the net co-benefits of investing in increased resilience, or the "resilience dividend." The current report provides the background on Cedar Rapids as a case study in planning for increased resilience and provides an overview of the CGE model of Cedar Rapids at two different time periods. This report is intended to provide context and background for future applications of the Cedar Rapids CGE model to quantify the resilience dividend.
Citation
Technical Note (NIST TN) - 2029
Report Number
2029

Keywords

Resilience dividend, Community resilience, Flooding, Cedar Rapids, Computable General Equilibrium, CGE, Spatial

Citation

Helgeson, J. , Fung, J. , O'Fallon, C. , Webb, D. and Cutler, H. (2018), A Computable General Equilibrium Model of Cedar Rapids, Technical Note (NIST TN), National Institute of Standards and Technology, Gaithersburg, MD, [online], https://doi.org/10.6028/NIST.TN.2029 (Accessed April 12, 2024)
Created September 26, 2018, Updated October 12, 2021