Introduction to the Database in a CGE Model (2 minute read)
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The second part of a CGE database is the set of elasticity parameters that describe the responsiveness of producers and consumers to changes in their income or prices.
In the Database topic, you will learn about SAMs and their logical format. And, you will learn about the types of elasticities used in the model and the economic decision to which each elasticity is applied.
Last modified: Tuesday, 6 August 2024, 4:29 PM