Willem Gunning, Jan; Keyzer, Michiel A. - In: Handbook of development economics : volume 3, part A, (pp. 2025-2107). 1995
This chapter discusses the basic equilibrium model called computable general equilibrium (CGE) model, and describes some of its use in policy analysis. The CGE-model accounts for the bulk of the application that imposes a number of restrictions, as it does not allow bounds on endogenous...