Les apports de la micro-simulation aux modèles d'équilibre général: application au cas de l'Afrique du Sud

Nicolas Hérault

Economie & Prévision, 2009, vol. n° 187, issue 1, 123-135

Abstract: Following Savard (2004), this paper examines how microsimulation can contribute to general-equilibrium analysis (GEA). Microsimulation modeling can enhance GEA. The author illustrates the combination of the two approaches by applying them in sequence to assess the impact of trade liberalization in South Africa. The conclusion is that computable general-equilibrium models cause bias in income-distribution analyses because of the use of representative household groups rather than individual information. By correcting for this bias, microsimulation techniques can offer additional insights into income distribution.

Keywords: computable general-equilibrium model; microsimulation; income distribution (search for similar items in EconPapers)
Date: 2009
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Journal Article: Les apports de la micro-simulation aux modèles d’équilibre général: application au cas de l’Afrique du Sud (2009)
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