Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Operational spatial computable general equilibrium modeling
Abstract. A prototype spatial computable general equilibrium model is developed and illustrated by a numerical example. The theoretical basis is a complete Arrow-Debreu equilibrium under perfect competition. The leading principle of model design is parsimony: The specification restricts the number of parameters in a way allowing for a model calibration relying on a limited data base, which is readily available in a country with a well developed statistical service. No “data generating” first stage, using entropy maximisation or other methods not in line with the philosophy of microeconomic equilibrium analysis, is required.
Operational spatial computable general equilibrium modeling
Abstract. A prototype spatial computable general equilibrium model is developed and illustrated by a numerical example. The theoretical basis is a complete Arrow-Debreu equilibrium under perfect competition. The leading principle of model design is parsimony: The specification restricts the number of parameters in a way allowing for a model calibration relying on a limited data base, which is readily available in a country with a well developed statistical service. No “data generating” first stage, using entropy maximisation or other methods not in line with the philosophy of microeconomic equilibrium analysis, is required.
Operational spatial computable general equilibrium modeling
Bröcker, Johannes (Autor:in)
1998
Aufsatz (Zeitschrift)
Englisch
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