International price transmission in CGE models: How to reconcile econometric evidence and endogenous model response?

PQSc: Supply prices of the composite commodities. PDDc: Price of domestically produced and consumed commodities. PMc: Domestic prices of imported commodities. PWMc: World prices of imported commodities. ER: Exchange rate. TMc: ad valorem import duties. TSc: ad valorem sales taxes. TEXc: Excise taxes. PQDc: Composite consumer price. PXCc: Producer price of commodities PEc: Domestic price of export. PWEc: World price of exports. TEc: ad valorem export duty rate. PVAa: Value-added price by activity. PINTa: Intermediate input price by activity. SIGMA: Trade CES elasticity. OMEGA: Trade CET elasticity. SIGMAx: Production CES elasticity at the top level. SIGMAva: Production CES elasticity at the second level.