CGE Model
A Computable General Equilibrium model is a numerical equilibrium framework that represents the input-output relationships among all sectors, factors of production, households, and foreign trade in an economy through a Social Accounting Matrix (SAM). Grounded in Walrasian general equilibrium theory and formalised in the standard IFPRI model of Lofgren, Harris and Robinson (2002), it simulates the economy-wide effects of policy shocks such as tax reform, trade liberalisation, or environmental policy.
Allikakirje
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- Lofgren, H., Harris, R.L. & Robinson, S. (2002). A Standard Computable General Equilibrium (CGE) Model in GAMS. IFPRI Microcomputers in Policy Research, 5. · URL
- Hosoe, N., Gasawa, K. & Hashimoto, H. (2010). Textbook of Computable General Equilibrium Modelling: Programming and Simulations. Palgrave Macmillan. · DOI 10.1057/9780230281653
- Dixon, P.B. & Jorgenson, D.W. (Eds.) (2013). Handbook of Computable General Equilibrium Modeling, Vols. 1A & 1B. North-Holland. · URL
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