MPIA-19906 Institutionalisation project for Mongolia

Abstract

This research has two objectives. Firstly, it aims to develop the PEP-t-1 (dynamic CGE) model linked with a microsimulation model for the Mongolian economy. Using the model, we will conduct historical simulations to identify the effect of the recent mining boom and bust (1st stage of Oyu Tolgoi copper mine, FDIs etc.,) on the economy. Given this analysis, we will examine the effect of the 2nd stage of Oyu Tolgoi copper mine which has started its investment and will operate fully in 2019. Secondly, we would like to introduce financial flows into the model in a similar way to that in Dixon, Rimmer and Roos (2015). We believe that this would enable us to study the impact of monetary policy in Mongolia. For example, we might be able to study the impact of subsidised mortgage lending scheme in Mongolia along with the conventional monetary policy.

Follow this link to find a full description of the project, related publications and other outcomes.

Members

Project leader: Ragchaasuren Galindev

Project researchers: Tsolmon Baatarzorig | Delgermaa Begz | Nyambaatar Batbayar | Unurjargal Davaa | Oyunzul Tserendorj

Scientific mentors: Bernard Decaluwe | Helene Maisonnave | Lulit Mitik Beyene

Journal publication

Authors	Co-Authors	Title of paper	Title of Economic Review	Bibliographic references
Tsolmon Baatarzorig, Nyambaatar Batbayar, Ragchaasuren Galindev, Oyunzul Tserendorj		<p>The 2014 Mongolian Social Accounting Matrix</p>	National Accounting Review	2020, Volume 2, Issue 2, pp. 138-154 Online
Ragchaasuren Galindev, Bernard Decaluwe		<p>Endogenous Capital Utilization in CGE Models: A Mongolian Application with the PEP-1-1 Model</p>	Journal of Global Economic Analysis	Vol. 7 No. 1 (2022) pp. 76-103 Online

Working Papers

Title	Modified	Size
Impact of Fiscal Consolidation on the Mongolian Economy	2019-09-13	1.13MB
The Economic and Environmental Impact of Foreign Direct Investment on the Mongolian Coal-Export Sector	2019-09-13	952.73kB
The 2014 Mongolian Social Accounting Matrix	2019-12-13	947.97kB
Impact on the Mongolian Economy of Foreign Direct Investment in the Coal-Export Sector	2019-12-31	1.76MB
Uncertainties in the Mongolian Economy in the Near Future	2019-12-31	2.21MB

Policy Briefs

Title	Modified	Size
Impact of fiscal consolidation on the Mongolian economy	2018-02-14	440.74kB
Economic and distributional impacts of fuel price subsidy changes in Mongolia	2018-04-30	475.76kB
Impact on the Mongolian economy of foreign direct investment in the coal export sector	2018-10-31	452.92kB
Assessing threats to Mongolia’s economic recovery	2019-11-29	452.90kB

Final report

Title	Modified	Size
Impact of scal consolidation on the Mongolian economy	2019-02-18	1.31MB
Economic and environmental impact of FDI in the Mongolian coal export sector	2019-02-18	921.67kB
Mongolian Social Accounting Matrix 2014	2019-03-04	1.12MB

Proposal

	Title	Modified	Size	Comments	Recommendations
		2017-02-13	132.84KB	0	1