What happens when exports expand: some ideas for closure of regional computable general equilibrium models

David Holland ()

The Annals of Regional Science, 2010, vol. 45, issue 2, 439-451

Abstract: While there is general agreement on various features of “standard” regional computable general equilibrium (RCGE) models, there has been little discussion of representative macro behavioral assumptions and model closure. The purpose of this paper is to review the main differences between regional and national CGE models regarding factor market, government and saving behavior and to suggest a standard closure for representative regional CGE models. Copyright Springer-Verlag 2010

Keywords: R13 (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1007/s00168-009-0311-x

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