The Calibration and Performance of a Non-homothetic CDE Demand System for CGE Models
Chen, Y.-H. Henry
(2017)
Journal of Global Economic Analysis, 2(1): 166-214 (doi: 10.21642/JGEA.020103AF)
Abstract / Summary:
How consumption patterns will change as income grows will have major impacts on human interaction with the Earth system. The relationship between income and food consumption, transportation services and other goods will affect land, energy and water use. This work explores the behavior of an improved demand modeling system that can better incorporate observed changes in consumption patterns as incomes rise.
Citation:
Chen, Y.-H. Henry (2017): The Calibration and Performance of a Non-homothetic CDE Demand System for CGE Models. Journal of Global Economic Analysis, 2(1): 166-214 (doi: 10.21642/JGEA.020103AF) (https://dx.doi.org/10.21642/JGEA.020103AF)