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The main objective of this paper is to describe and analyse the challenges of an integrated economic modelling for policy support. The quantitative analysis and assessment of agricultural, rural development and related policies (e.g. trade, energy, environment, and climate change) is an...
Persistent link: https://www.econbiz.de/10010886621
We estimate a food demand system for Slovakia using a recent household budget survey data for the period 2004-2011. The Quadratic Almost Ideal Demand System (QUAIDS) augmented with demographic, regional and expenditure controls is employed based on preliminary non-parametric Engel curve...
Persistent link: https://www.econbiz.de/10010902635
CGE models usually assume extremes of factor mobility: factors either move between industries without cost or they do not move at all. With the assumption of mobile factors, simulations lead to reallocation of factors among different sectors of the economy which often vary strongly in factor...
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