Theoretical restrictions on the parameters of the indirect addilog system revisited
Paul de Boer,
J. Brocker,
B.S. Jensen and
J. van Daal
No EI 2006-11, Econometric Institute Research Papers from Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute
Abstract:
The correct parameter restrictions- less restrictive than commonly thought-of the indirect addilog system (IAS) are derived. Under correct restrictions, the IAS is superior to the linear expenditure system in computable general equilibrium models with data scarcity.
Keywords: CGE-modelling; indirect addilog system; parameter restriction (search for similar items in EconPapers)
JEL-codes: D11 (search for similar items in EconPapers)
Date: 2006-05-11
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:ems:eureir:7757
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