Apart from the computational time and expenses of the CGE model, the discussion of elasticity parameter estimation and various closure rules as well as the difficulty of combining the results with other analysis approaches always poses obstacles ahead of us, therefore we are motivated to apply...

Computational simulation models are widely used in the field of agricultural economics for a variety of tasks, particularly for evidence-based policy analysis. Despite the substantial and continuing growth of computing power and speed, the growing complexity together with the implicit nature of...