The Calibration and Performance of a Non-homothetic CDE Demand System for CGE Models
In computable general equilibrium modeling, whether the simulation results are consistent with a set of valid own-price and income demand elasticities that are observed empirically remains a key challenge in many modeling exercises, since functional forms that are not fully flexible can only allow a...
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Other Authors: | , |
Format: | Article |
Language: | English |
Published: |
Center for Global Trade Analysis,
2017-05-26T15:41:49Z.
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Subjects: | |
Online Access: | Get fulltext |