[PDF] Top 20 Prototype Specification for a Real Computable General Equilibrium Model

... Production, like in most CGE models, relies on the substitution relations across factors of production and intermediate goods. The simplest production structure has a single constant-elasticity-of-substitution (CES) ... See full document

... biogeochemistry model, the terrestrial eco- system model (TEM) [13-15] along with spatially re- ferenced information on climate, elevation, soils, and vegetation land use data are ...partial ... See full document

... local real wage (in response to the ...the real take-home consumption wage (and the unemployment rate) is restored to its original level, with nominal wages rising so as to compensate fully for the higher ... See full document

... Generations Computable General Equilibrium (OLG-CGE) model of ...The model is used to examine the impact of population ageing on the labour ...the model follows in the Auerbach ... See full document

... partial equilibrium model and the general equilibrium ...partial equilibrium presents the most specific methods to a sector, and examines particular sectors or products within the ... See full document

... the model assumes perfect competition, with the productive sectors acting to minimize production costs for given constant returns to scale technol- ...theoretical specification, the substitution ef- fect ... See full document

... gravity model are generally abundant in the literature since the model is not data ...This model only requires trade flows as dependent variables and the factors related to TTCs that could be lowered ... See full document

... Some previous studies of avian flu has been done both by researchers such as Oktaviani (2008). The negative impact of bird flu has also been investigated by Oktaviani (2008). The model used is a combination of ... See full document

... Equations E_x5 and E_f5tot determine government usage. With both of the shift variables f5 and f5tot exogenous, the level and composition of government consumption is exogenously determined. Then equation E_f5tot merely ... See full document

... this model is the same, then out of four rest rates of economic growth factors, the greatest impact on the rate of real output in regions 1, 6, 8, 16 has a rate of labor costs; in regions 2, 4, 7, 12, 13, ... See full document

... fixed line telephony and internet access charges), financial services (relatively expensive and underdeveloped, e.g., with respect to financing of small and medium entreprises), network industries (like transport or ... See full document

... The model structure follows closely Robinson et al., (1999). The model builds on that of Dervis et ...involve specification of a CGE model in terms of non-linear algebraic equations and ... See full document

... The economic response to the temporary demand shock differs, both in size and timing, across the three investment scenarios. In particular, where there is perfect foresight the maximum impact on regional economic ... See full document

... within computable general equilibrium models. The general approach has been illustrated through the specific example of agricultural biomass ecosystem service flows as an input into ... See full document

... a model of a firm to determine the effect of tax policy changes on the firm’s ...a model in which the firm maximises the value of its shareholder equity, taking account of: company and personal income ... See full document

... global Computable General Equilibrium (CGE) model to sim- ulate the effects of these sanctions and the stockpiling of oil by the Iranian ...in general but also on urban and rural ... See full document

... surplus-labour specification for the developing country and the striking results showing that low-income countries with surplus labour may be the major beneficiaries from the emergence of GSC ...GSC-CGE ... See full document

... CGE model uses the values of the substitution parameters between the EAF and BF–BOF steel products, which are not estimated using actual Japanese steel market ...CGE model to be based on the actual values ... See full document

... table 3 also shows the estimated migration- induced effects on outbound tourism in total and for VFr by Australian residents for the year 2006. there is estimated to be a $28.11 million negative impact on gDP from ... See full document

... regional computable general equilibrium framework to model the impact on the Scottish economy of expenditures relating to marine energy ... See full document