| Description |
1 online resource (xix, 235 pages) : illustrations |
| Contents |
1 Overview; 2 The Simple CGE Model; 3 Computation; 4 The Social Accounting Matrix; 5 Calibration and Computational Strategy for General Equilibrium; 6 The Standard CGE Model; 7 Macro Closure; 8 Simulating General Equilibria; 9 Interpretation of Simulation Results; 10 Model Extension; 11 Concluding Remarks; Appendix I: Derivation of Household Demand Functions; Appendix II: Competitive Equilibrium vs Social Optimum; Appendix III: Utility Maximization and Lagrange Multipliers |
| Summary |
Computable General Equilibrium (CGE) models have been widely used for various economic simulations, such as, trade liberalization, environmental problems, and regulatory and tax reforms. CGE models are powerful but tend to be large-scale and, therefore, often difficult to learn. This book provides a comprehensive A-to-Z guide for CGE models. Focusing on its practical application, readers can learn from the simplest CGE models, and proceed, in a step-by-step manner, to database construction, programming for computation, and developing more elaborated CGE models, which can be applied empirically to actual simulation purposes. Particular emphasis is placed on computer programs of CGE models. Readers can obtain knowledge and skills from which they can develop and operate their own CGE models, and apply them to their research |
| Bibliography |
Includes bibliographical references (pages 226-228) and index |
| Notes |
English |
|
Descriptipon based on print version record |
| Subject |
Equilibrium (Economics) -- Mathematical models
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Development economics.
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International trade.
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Macroeconomics.
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POLITICAL SCIENCE -- Economic Conditions.
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BUSINESS & ECONOMICS -- Economics -- Macroeconomics.
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Economics.
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Equilibrium (Economics) -- Mathematical models
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| Form |
Electronic book
|
| Author |
Gasawa, Kenji, 1971- author.
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Hashimoto, Hideo, 1937- author.
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| LC no. |
2010010811 |
| ISBN |
9780230281653 |
|
0230281656 |
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