Theory and Programming of Computable General Equilibrium (CGE) Models
Author | : Gene H. Chang |
Publisher | : World Scientific Publishing Company |
Total Pages | : 400 |
Release | : 2022 |
ISBN-10 | : 9811238979 |
ISBN-13 | : 9789811238970 |
Rating | : 4/5 (79 Downloads) |
Book excerpt: Input-output models and tables -- Prices in input-output tables and models -- SAM (social accounting matrices) tables -- Balancing SAM tables -- General equilibrium theory and its application -- Supply and demand functions of enterprises -- CGE models with non-linear production functions -- Utility functions and household demand -- Price numeraire and macro closures -- Government, taxes and prices -- Savings and investment -- Activities, trade and transport margins -- CGE models in open economies -- Complexities in data and modeling -- Subaccounts and subprograms -- Assessing outcomes and refining the model -- Limitations and extensions of the standard CGE model.