Technical Notes and Manuals

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Zamid Aligishiev, Cian Ruane, and Azar Sultanov. User Manual for the DIGNAD Toolkit, (USA: International Monetary Fund, 2023) accessed November 12, 2024

Disclaimer: This Technical Guidance Note should not be reported as representing the views of the IMF. The views expressed in this Note are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

This note is a user’s manual for the DIGNAD toolkit, an application aimed at facilitating the use of the DIGNAD model (Debt-Investment-Growth and Natural Disasters) by economists with no to little knowledge of MATLAB and Dynare via a user-friendly Excel-based interface. DIGNAD is a dynamic general equilibrium model of a small open economy developed at the International Monetary Fund. The model can help economists and policymakers with quantitative assessments and policy scenario analysis of the macrofiscal effects of natural disasters and adaptation infrastructure investments in low-income developing countries and emerging markets. DIGNAD is tailored to disaster-prone countries, which typically are small countries or low-income countries that are particularly exposed to large climate shocks—countries where shocks that can disrupt the entire economy are frequent. However, DIGNAD can be relevant also for larger countries that may potentially be exposed to extreme climatic disasters in the future.

Subject: Environment, Expenditure, National accounts, Production, Revenue administration

Keywords: Adaptation, Debt sustainability, Depreciation, DIGNAD model, DIGNAD toolkit, GNU General Public License, IMF copyright, Infrastructure, Natural disasters, Public investment, Public investment efficiency, Public investment spending, Resilient infrastructure, Sub-Saharan Africa, Third-party software, Total factor productivity

Publication Details

  • Pages:

    42

  • Volume:

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  • DOI:

    ---

  • Issue:

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  • Series:

    Technical Notes and Manuals No. 2023/003

  • Stock No:

    TNMEA2023003

  • ISBN:

    9798400239502

  • ISSN:

    2075-8669