Extended Sensitivity Analysis for Applied General Equilibrium Models

C. Dawkins

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

Abstract: Previous sensitivity analysis procedures for applied general equilibrium models have focused on the values of exogenously assigned elasticity parameters, while the calibrated parameters - those that are obtained from combining elasticity information with flow or stock data - have been largely ignored. Calibrated parameters are central to a model's specification, and uncertainty surrounding their values influences the credibility of the model's results.

Keywords: GENERAL EQUILIBRIUM; ELASTICITY (search for similar items in EconPapers)
JEL-codes: C63 C68 (search for similar items in EconPapers)
Pages: 32 pages
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://warwick.ac.uk/fac/soc/economics/research/w ... 95-1998/twerp491.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wrk:warwec:491

Access Statistics for this paper

More papers in The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Margaret Nash ().