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Elements of a Computable General Equilibrium Model
2011In this chapter, we deconstruct the computable general equilibrium model and describe its core elements. These include sets, endogenous and exogenous variables, exogenous parameters, behavioral and identity equations, and model closure. We describe prices, price normalization, price transmission, and the numeraire. We explain how the CGE model runs and
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Interregional Computable General Equilibrium Models
2009The theory of general equilibrium in economics has its origin in the work of the classical economists. The perception of its most important implication, that competitive markets can achieve an allocation of resources that is efficient in some sense, is present in Adam Smith’s The Wealth of Nations, 1776. Although Leon Walras (1874) and Edgeworth (1881)
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Existence and Computation of a Tiebout General Equilibrium
Econometrica, 1978openaire +1 more source
Computable General Equilibrium Models
2012John Asafu-Adjaye, Renuka Mahadevan
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Computable General Equilibrium (CGE) Modelling for Regional Economic Development Analysis
Regional Studies, 2010Dan Rickman
exaly