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A Spatial Computable General Equilibrium Model
Umeå University, Faculty of Social Sciences, Department of Economics.ORCID iD: 0000-0001-6121-377x
1993 (English)In: Transportation and general equilibrium models: proceedings of the Venice workshop May 1993, Venezia: Universita di Venezia , 1993Conference paper, Published paper (Other academic)
Abstract [en]

We present a spatial computable general equilibrium model for which the Walras' law is employed to articulate the general equilibrium of a spatially separated economy while Wardrop's first principle is used to enuniciate the flow equilibrium on a general transportaion network. A price and transportation cost dependent input-output matrix is employed to alleviate the need for explicit supply and factor demand functions found in traditional Samuelson-Takayama-Judge spatial price equilibrium models. A detailed transportation network presentation is employed to more precisely predict commodity movements. A numerical example with constant net out matrix is also presented. 

Place, publisher, year, edition, pages
Venezia: Universita di Venezia , 1993.
Keywords [en]
SCGE, Transportation, General Equilibirum, Spatial General Equilibrium model
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-156729OAI: oai:DiVA.org:umu-156729DiVA, id: diva2:1291660
Conference
Transportation and general equilibrium models, Venice, May 1993
Note

Submitted to the workshop on transporation and spatial CGE models

Available from: 2019-02-25 Created: 2019-02-25 Last updated: 2019-03-20Bibliographically approved

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Westin, Lars

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