A Computable General Equilibrium Model for the Chinese Economy

Shantong Li and Fan Zhai
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Shantong Li: Development Research Center, The State Council, China

Chapter 6 in Econometric Modeling of China, 2000, pp 249-290 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionMethodology—Why a CGE Model?The Structure of DRCCGE2Production and factor marketTradeDemandIncome distributionGovernment and the extra-budget public sectorEquilibrium and macro closureRecursive dynamicsModel Calibration and the Benchmark Equilibrium Data SetTrade dataSectoral taxes dataSplits of sectorsEstimating the input-output matrix of production for processing exportsSome Major Applications of DRCCGE ModelReferencesAppendix A Sector Classification in DRCCGE2 and Their SSB-IO Sector ConcordanceAppendix B Algebraic Specification of CGE Model for ChinaSector DefinitionDefinition of VariablesDefinition of ParametersEquation List

Keywords: China; Macroeconometric Models; Current Account; Factor Productivity; Substitution Elasticity; Economic Reform (search for similar items in EconPapers)
JEL-codes: C1 C7 (search for similar items in EconPapers)
Date: 2000
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