capri-scenario-design

Designing a CAPRI scenario involves setting up policy shocks, price changes, subsidy modifications, or technology shifts within the CAPRI framework. You achieve this by modifying relevant policy files to simulate specific agricultural economic impacts.

CAPRI calibration works through the CAPTRD projection pipeline and specific calibration stages to ensure accurate baseline reproduction. It utilizes iterative solution methods to validate the baseline before running scenario simulations.

Interpreting CAPRI simulation results for welfare analysis involves inspecting GDX result files and applying dual value decomposition. This approach helps you understand changes in market prices, trade flows, and producer welfare.

Yes, you can use CAPRI to assess tariff reductions on agricultural commodities. The framework guides you through modifying policy files, running the simulation, and interpreting changes in market prices, trade flows, and producer welfare.

Running CAPRI agricultural economics simulations typically involves GAMS, as the framework relies on GDX files for result inspection and iterative solution methods. Familiarity with GAMS helps manage scenario setup and calibration stages effectively.