IDEAS home Printed from https://ideas.repec.org/p/mtl/montde/8704.html
   My bibliography  Save this paper

Macroclosures in Open Economy Cge Models: a Numerical Reappraisal

Author

Listed:
  • Decaluwe, B.
  • Martens, A.
  • Monette, M.

Abstract

It Has Been Argued That in the Construction and Simulation Process of Computable General Equilibrium (Cge) Models, the Choice of the Proper Macroclosure Remains a Fundamental Problem. in This Study, with a Standard Cge Model, We Simulate Disturbances Stemming From the Supply Or Demand Side of the Economy, Under Alternative Macroclosures. According to Our Results, the Choice of a Particular Closure Rule, for a Given Disturbance, May Have Different Quantitative and Qualitative Impacts. This Seems to Confirm the Imiportance of Simulating Cge Models Under Alternative Closure Rules and Eventually Choosing the Closure Which Best Applies to the Economy Under Study.

Suggested Citation

  • Decaluwe, B. & Martens, A. & Monette, M., 1987. "Macroclosures in Open Economy Cge Models: a Numerical Reappraisal," Cahiers de recherche 8704, Universite de Montreal, Departement de sciences economiques.
    • Handle: RePEc:mtl:montde:8704
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/1866/417
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Soummane, Salaheddine & Ghersi, Frédéric & Lefèvre, Julien, 2019. "Macroeconomic pathways of the Saudi economy: The challenge of global mitigation action versus the opportunity of national energy reforms," Energy Policy, Elsevier, vol. 130(C), pages 263-282.
    2. Andrés M. Velasco & Camilo A. Cárdenas Hurtado, 2015. "A Macro CGE Model for the Colombian Economy," Borradores de Economia 12426, Banco de la Republica.
    3. Franck Viroleau, 2015. "The Evolution of Gender Wage Inequality in Senegal Following the Economic Partnership Agreements," EconomiX Working Papers 2015-10, University of Paris Nanterre, EconomiX.
    4. Hedtrich, Johannes & Aßmann, Christian & Henning, Christian, 2018. "Key Sectors - Key Policies: Challenges on Estimating and Validating a Policy-Impact Function," Conference papers 332937, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    More about this item

    Keywords

    Comtation ; Economic Equilibrium;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mtl:montde:8704. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sharon BREWER (email available below). General contact details of provider: https://edirc.repec.org/data/demtlca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.