Characterizing supply-side drivers of structural change in the construction of economic baseline projections

A recent review of common modelling practices conducted during the Workshop “Shaping long-term baselines with Computable General Equilibrium (CGE) models” held at OECD in January 2018 showed that models include different assumptions on changes to the production function along their dynamic baselines. These changes imply shifts in sectoral compositions for the projected economies (i.e. structural change). This paper reviews the assumptions made...