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...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Center for Global Trade Analysis
2017
|
| Online Access: | http://hdl.handle.net/1721.1/109374 |