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CGE Model and Its Micro and Macro Closures

In: Computable General Equilibrium Approaches In Urban And Regional Policy Studies

Author

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  • MITSUO EZAKI

    (Graduate School of International Development, Nagoya University, Nagoya, Japan)

Abstract

The following sections are included:Introduction and ObjectiveSAM for a CGE Model: Data, Specification and Walras' LawImplications of Walras' Law on Micro and Macro ClosuresSummary and ConclusionReferencesAppendixEqualities Between Row Sumand Column Sum in SAM(Table 2) and the Walras' Law

Suggested Citation

  • Mitsuo Ezaki, 2006. "CGE Model and Its Micro and Macro Closures," World Scientific Book Chapters, in: Masayuki Doi (ed.), Computable General Equilibrium Approaches In Urban And Regional Policy Studies, chapter 2, pages 9-24, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812707116_0002
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    Cited by:

    1. Wang, Yanxiang & Ali Almazrooei, Shaikha & Kapsalyamova, Zhanna & Diabat, Ali & Tsai, I-Tsung, 2016. "Utility subsidy reform in Abu Dhabi: A review and a Computable General Equilibrium analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 1352-1362.
    2. Bartlomiej Rokicki & Eduardo A. Haddad & Jonathan M. Horridge & Marcin Stępniak, 2021. "Accessibility in the regional CGE framework: the effects of major transport infrastructure investments in Poland," Transportation, Springer, vol. 48(2), pages 747-772, April.

    More about this item

    Keywords

    Computable General Equilibrium (CGE) Model; Social Accounting Matrix (SAM); Urban and Regional Policies (or Urban and Regional Policy Evaluation); Each Industry's Market Clearance; Structural and Long-Term Policy Impacts;
    All these keywords.

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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