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Validation of an R&D-based computable general equilibrium model

Hong, Chanyoung; Yang, Heewon; Hwang, Wonsik; Lee, … - In: Economic modelling 42 (2014), pp. 454-463

Persistent link: https://www.econbiz.de/10010478672

Arms or butter : the economic effect of an increase in military expenditure

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Growth versus equity : a CGE analysis for effects of factor-biased technical progress on economic growth and employment

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Winners and losers in a knowledge-based economy : investigating the policy packages for an inclusive growth based on a computable general equilibrium analysis of Korea

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Validation of an R&D-based computable general equilibrium model

Hong, Chanyoung; Yang, Heewon; Hwang, Wonsik; Lee, … - In: Economic Modelling 42 (2014) C, pp. 454-463

A computable general equilibrium (CGE) model is useful for the calculation of macroeconomic effects caused by policy impacts, but it has been considered a sticking point to evaluate how well the CGE model describes the real economy. Among various possible reasons for the difference between the...

Persistent link: https://www.econbiz.de/10010931040