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original: Operational spatial computable general equilibrium modeling

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  • Johannes BrÃcker

    ()
    (Technical University Dresden, Faculty of Traffic Sciences, D-01062 Dresden, Germany)

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    Abstract

    A prototype spatial computable general equilibrium model is developed and illustrated by a numerical example. The theoretical basis is a complete Arrow-Debreu equilibrium under perfect competition. The leading principle of model design is parsimony: The specification restricts the number of parameters in a way allowing for a model calibration relying on a limited data base, which is readily available in a country with a well developed statistical service. No "data generating" first stage, using entropy maximisation or other methods not in line with the philosophy of microeconomic equilibrium analysis, is required.

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    Bibliographic Info

    Article provided by Springer in its journal The Annals of Regional Science.

    Volume (Year): 32 (1998)
    Issue (Month): 3 ()
    Pages: 367-387

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    Handle: RePEc:spr:anresc:v:32:y:1998:i:3:p:367-387

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    Cited by:
    1. Attila Varga & Péter Járosi & Tamás Sebestyén, 2011. "Modeling the growth effects of regional knowledge production: The GMR-Europe model and its applications for EU Framework Program policy impact simulations," ERSA conference papers ersa11p1426, European Regional Science Association.
    2. Almeida, Eduardo Simões de & Guilhoto, Joaquim José Martins, 2007. "O custo de transporte como barreira ao comércio na integração econômica: o caso do nordeste
      [The cost of transportation as a barrier to trade in economic integration: the case of northeast]
      ," MPRA Paper 31513, University Library of Munich, Germany.

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