Topologi Model Komputasi Keseimbangan Umum

Edison Hulu
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Edison Hulu: Lecturer, Faculty of Economics, Nommensen University, Medan

Economics and Finance in Indonesia, 1995, vol. 43, 55-95

Abstract: The Computable Ceneral Equilibrium (CCE) model is a class of models that has been used with increasing frequency to the problems of structural adjustment, trade strategy, income distribution, and others. This model has become standard fare of both academic researchers and developing country policy making units. CCE models analyze the interaction of various economic actors' across markets, as specified in neoclassical general cquilihrium theory. Behavior is based on optimization derived from microeconomics theory, and the model is fully closed in the supply and demand sides of all market specified. CCE models are not only complicated but also require too much data. Tbe result of tbe model cannot be trusted because tbe parameters are not econometrically estimated. They give us counter intuitive results but tbe models cannot be understood by the uninitiated. Tbe main purpose of this paper is to explain bow to construct a simplecomprehensive CCE model. This paper divides into eight parts. In Part 1 tbe author introduces a brief history of tbe development of tbe CCE models since 19S0's. Under closed economy condition CCE models of which one consumer, non-linear utility function, linear constraint function, two production sectors will explain in Part 2 and 3. In Part 4 tbe author shows bow to construct a CCE which includes international trade. A CCE model of wbitb two consumers will be discussed in Part 6. Tbe relationship betweentbe input-output models and CCE models will be discussed in Part 7. Tbe conclusions will be summarized in Part 8.

Date: 1995
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