INTERNATIONAL PRICE TRANSMISSION IN CGE MODELS: HOW TO RECONCILE ECONOMETRIC EVIDENCE AND ENDOGENOUS MODEL RESPONSE?

The field of price transmission is dominated by econometric time-series analysis (PTA) and rather disconnected from analyses based on CGE models. This paper addresses how a certain degree of empirically determined price transmission can be met in a single country CGE model. We examine and validate seven determinants including structural characteristics of the model, the parameterization of behavioral functions and properties of the sectors concerned.

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Year of publication:	2012
Authors:	Siddig, Khalid H.A. ; Grethe, Harald
Institutions:	Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues - GEWISOLA
Subject:	price transmission \| CGE models \| international trade \| Preistransmission \| internationaler Handel \| International Relations/Trade \| Research Methods/ Statistical Methods

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Extent:	application/pdf
Series:	52nd Annual Conference, Stuttgart, Germany, September 26-28, 2012.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 52nd Annual Conference, Stuttgart, Germany, September 26-28, 2012 Number 137388
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010882291