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  • 标题:The CRESH revival - or how to model agriculture in AGE models more realistically
  • 本地全文:下载
  • 作者:Simola, Antti
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2014
  • 出版社:Food Distribution Research Society
  • 摘要:Applied general equilibrium (AGE) modeling is a versatile tool for guiding public policies. However, the standard treatment of production function in AGE models is not completely satisfactory. It is commonly based on nested CES functions that are rigid and empirically hard to estimate. In this paper, I will show that by applying a more general functional form - CRESH - the agricultural sector can be presented more realistically in AGE models.
  • 关键词:AGE modeling;production function
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