Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
GTAP FAQs
Educational Materials
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #1238

"The Specification of Price and Income Elasticities in Computable General Equilibrium Models: An Application of Latent Separability"
by Gohin, Alex


Abstract
This paper contributes to the ongoing debate about the specifications of price and income effects in CGE models. We detail in this paper a procedure which allows to implement in such models any regular configuration of price and income effects. This procedure exploits the advantages of latent separability. By allowing some overlapping in the grouping of commodities, this separability concept offers much more flexibility than other separability structures since substitution between goods runs through many channels.
This paper also provides an empirical illustration which demonstrates the applicability of our procedure and which highlights, once again, the substantial bearing of these specifications on CGE results.


Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
2003 Conference Paper
Status: Published
By/In: Presented at the 6th Annual Conference on Global Economic Analysis, The Hague, The Netherlands
Date: 2003
Version:
Created: Gohin, A. (4/29/2003)
Updated: Bacou, M. (9/27/2003)
Visits: 1,564
- Calibration and parameter estimation


Attachments
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.


Public Access
  File format GTAP Resource 1238   (211.0 KB)   Replicated: 0 time(s)
  File format PDF Version   (664.6 KB)   Replicated: 0 time(s)


Restricted Access
No documents have been attached.


Special Instructions
No instructions have been specified.


Comments (0 posted)
You must log in before entering comments.

No comments have been posted.