Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
968298 | Journal of Policy Modeling | 2016 | 20 Pages |
Abstract
This paper begins with an informal history of developing country CGE models, going on to specification and closure, and finally describes a few models with financial extensions. Sectoral detail is central to CGE analysis, but after an initial sketch of an n-sector system most of the discussion focuses on the models’ “closures” or patterns of macroeconomic causality, because they strongly influence their sectoral results. Particular attention is paid to the ways in which international trade and fiscal linkages fit into applied models.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Lance Taylor,