| Comparison between Calibration Procedure and Econometric Estimation |
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| 引用本文： | ZHOU Zhuo-hu,ZHANG Zong-yi. Comparison between Calibration Procedure and Econometric Estimation[J]. 保鲜与加工, 2001, 0(2): 103-106 |
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| 作者姓名： | ZHOU Zhuo-hu ZHANG Zong-yi |
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| 摘 要： | The two methods of estimating parameter in computable general equilibrium(CGE) model are introduced and compared:the calibration procedure and econometric estimation. The conclusions are:the estimation of parameter in CGE model must use the calibration procedure coupled with the econometric estimation method;the elasticity of output with respect to labor input,the marginal expenditure share for households and price elasticity of export demand are estimated by econometric estimation method;and other parameters of the CGE model can be get by calibration procedure.
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| 关 键 词： | computable general equilibrium(CGE) calibration procedure econometric estimation |
| 修稿时间： | 2000-09-30 |
Comparison between Calibration Procedure and Econometric Estimation |
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| ZHOU Zhuo-hu,ZHANG Zong-yi. Comparison between Calibration Procedure and Econometric Estimation[J]. Storage & Process, 2001, 0(2): 103-106 |
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| Authors: | ZHOU Zhuo-hu ZHANG Zong-yi |
| |
| Abstract: | The two methods of estimating parameter in computable general equilibrium(CGE) model are introduced and compared:the calibration procedure and econometric estimation. The conclusions are:the estimation of parameter in CGE model must use the calibration procedure coupled with the econometric estimation method;the elasticity of output with respect to labor input,the marginal expenditure share for households and price elasticity of export demand are estimated by econometric estimation method;and other parameters of the CGE model can be get by calibration procedure. |
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| Keywords: | computable general equilibrium(CGE) calibration procedure econometric estimation |
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