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Ural Mathematical Journal, 2016, Volume 2, Issue 2, Pages 45–57
DOI: https://doi.org/10.15826/umj.2016.2.005
(Mi umj20)
 

Parallel algorithm for calculating general equilibrium in multiregion economic growth models

Nikolai B. Melnikovab, Arseniy P. Gruzdeva, Michael G. Daltonc, Brian C. O'Neilld

a Lomonosov Moscow State University, Moscow, Russia
b Central Economics and Mathematics Institute Russian Academy of Sciences, Moscow, Russia
c National Oceanic and Atmospheric Administration, Seattle WA, USA
d National Center for Atmospheric Research, Boulder CO, USA
References:
Abstract: We develop and analyze a parallel algorithm for computing a solution in a multiregion dynamic general equilibrium model. The algorithm is based on an iterative method of the Gauss-Seidel type and exploits a special block structure of the model. Calculation of prices and input-output ratios in production for different time steps is carried out in parallel. We implement the parallel algorithm using the OpenMP interface for systems with shared memory. The effciency of the algorithm is studied with the numbers of cores varying in the full range from one to the number of time steps of the model.
Keywords: Computable general equilibrium, Economic growth, Iterative methods, High-performance computing, OpenMP.
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Document Type: Article
Language: English
Citation: Nikolai B. Melnikov, Arseniy P. Gruzdev, Michael G. Dalton, Brian C. O'Neill, “Parallel algorithm for calculating general equilibrium in multiregion economic growth models”, Ural Math. J., 2:2 (2016), 45–57
Citation in format AMSBIB
\Bibitem{MelGruDal16}
\by Nikolai~B.~Melnikov, Arseniy~P.~Gruzdev, Michael~G.~Dalton, Brian~C.~O'Neill
\paper Parallel algorithm for calculating general equilibrium in multiregion economic growth models
\jour Ural Math. J.
\yr 2016
\vol 2
\issue 2
\pages 45--57
\mathnet{http://mi.mathnet.ru/umj20}
\crossref{https://doi.org/10.15826/umj.2016.2.005}
\zmath{https://zbmath.org/?q=an:1398.65104}
\elib{https://elibrary.ru/item.asp?id=27447885}
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