NATURAL RESOURCE SUPPLY CONSTRAINTS AND REGIONAL ECONOMIC ANALYSIS: A COMPUTABLE GENERAL EQUILIBRIUM APPROACH



Figure 1. Flow Chart of General CGF Modeling Procedures.

Basic Data for single-year (regional accounts,
household income and expenditure, I-O tables,
tax and revenue data, trade estimates).

Adjustments for mutual consistency.

Benchmark Equilibrium Data Set

Replication check


Choice of functional
form and CALIBRATION
to benchmark equilibrium.

Spec, of exogenou
elasticities.


Policy change specified.

uCounterfactuaT equilibrium computed
for new policy regime.

PoUcy Appraisal based on pair-wise
comparison with benchmark scenario.

24



More intriguing information

1. Skills, Partnerships and Tenancy in Sri Lankan Rice Farms
2. Business Networks and Performance: A Spatial Approach
3. Bargaining Power and Equilibrium Consumption
4. The Folklore of Sorting Algorithms
5. Une Classe de Concepts
6. The name is absent
7. The role of statin drugs in combating cardiovascular diseases
8. The Triangular Relationship between the Commission, NRAs and National Courts Revisited
9. Großhandel: Steigende Umsätze und schwungvolle Investitionsdynamik
10. Sectoral Energy- and Labour-Productivity Convergence
11. Density Estimation and Combination under Model Ambiguity
12. The name is absent
13. Achieving the MDGs – A Note
14. On Social and Market Sanctions in Deterring non Compliance in Pollution Standards
15. The name is absent
16. Investment in Next Generation Networks and the Role of Regulation: A Real Option Approach
17. DURABLE CONSUMPTION AS A STATUS GOOD: A STUDY OF NEOCLASSICAL CASES
18. Auctions in an outcome-based payment scheme to reward ecological services in agriculture – Conception, implementation and results
19. The name is absent
20. Economies of Size for Conventional Tillage and No-till Wheat Production