The Simple CGE Model

Nobuhiro Hosoe, Kenji Gasawa and Hideo Hashimoto

Chapter 2 in Textbook of Computable General Equilibrium Modelling, 2010, pp 13-22 from Palgrave Macmillan

Abstract: Abstract In this chapter, we develop the simplest possible CGE model, hereafter called the ‘simple CGE model’, with one household, two firms, two goods (bread and milk) and two factors (capital and labour).1,2 As all the CGE models used for empirical policy analysis are extensions of this simple CGE model, it is vitally important to understand how the model is built and what implications can be derived from the equilibrium of the model.

Keywords: Demand Function; Computable General Equilibrium; Intermediate Input; Computable General Equilibrium Modelling; Social Accounting Matrix (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28165-3_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230281653

DOI: 10.1057/9780230281653_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().