 The Interregional Computable General Equilibrium Model for ColombiaEduardo Haddad and Inácio Araújo Chapter Chapter 6 in The Colombian Economy and Its Regional Structural Challenges, 2023, pp 161-182 from Springer Abstract: Abstract This is a technical chapter intended for readers interested in modeling issues, where the authors describe the structure of the CEER model, a fully operational ICGE model for Colombia. The model uses an approach similar to Peter et al. (The theoretical structure of MONASH-MRF. Monash University, Clayton, 1996), Haddad (Regional inequality and structural changes: Lessons from the Brazilian experience. Ashgate, 1999), and Haddad & Hewings (The Quarterly Review of Economics and Finance 45(2–3): 476–496, 2005) to incorporate the interregional economic structure. It uses the absorption matrix as the basis to calibrate the structural coefficient of the ICGE model, together with a set of elasticities either properly estimated or borrowed from the econometric literature applied for Colombia. This database captures economy-wide effects through an intricate plot of input-output relations. The current version of the CEER model identifies the economies of the 32 Colombian Departments and the capital city, Bogotá D.C Results are based on a bottom-up approach – i.e., national results are obtained from aggregating regional results. Date: 2023 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-031-22653-3_6 Ordering information: This item can be ordered from DOI: 10.1007/978-3-031-22653-3_6 Access Statistics for this chapter More chapters in Advances in Spatial Science from Springer |
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