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We present a stylized intertemporal forward-looking model that accommodates key regional economic features, an area where the literature is not well developed. The main difference, from the standard applications, is the role of saving and its implication for the balance of payments. Though...
Persistent link: https://www.econbiz.de/10010636297
Persistent link: https://www.econbiz.de/10005107438
This paper examines the impact of imposing different separability assumptions in the specifications of the standard hierarchical KLEM production function in a computable general equilibrium (CGE) model. The appropriate means of introducing energy to production functions has been a source of...
Persistent link: https://www.econbiz.de/10010573391