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Computable General Equilibrium×Location Quotient×
Alanİktisatİktisat
AileProcess / pipelineProcess / pipeline
Köken yılı19601960
KökenLeif Johansen; developed by Herbert Scarf, John Shoven & John WhalleyDeveloped in regional science; codified by Walter Isard
TürMulti-market numerical equilibrium simulation modelDescriptive index of relative regional concentration
Seminal kaynakShoven, J. B., & Whalley, J. (1992). Applying General Equilibrium. Cambridge Surveys of Economic Literature. Cambridge University Press. ISBN: 9780521319867Isard, W. (1960). Methods of Regional Analysis: An Introduction to Regional Science. Cambridge, MA: MIT Press. ISBN: 9780262090032
Diğer adlarCGE Model, Applied General Equilibrium, AGE Model, Walrasian Simulation ModelLQ, Coefficient of Localization, Regional Specialization Ratio
İlişkili33
ÖzetA computable general equilibrium (CGE) model is a numerical simulation of an entire economy in which optimizing producers and consumers interact through markets that all clear simultaneously. Building on Walras's general-equilibrium theory and a benchmark social accounting matrix, a CGE model is calibrated to reproduce a base-year economy and then solved for the new vector of prices and quantities that would prevail under a counterfactual policy — a tax reform, a tariff change, a carbon price — capturing how the shock reverberates and re-equilibrates across every market.The location quotient (LQ) is a simple descriptive index that measures how concentrated an industry is in a region relative to a larger reference area, usually the nation. It is the ratio of the industry's share of local employment (or output) to its share of national employment. An LQ above one means the region is more specialized in that industry than the nation as a whole; an LQ below one means it is under-represented.
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