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  • 标题:Sensitivity Analysis in Computable General Equilibrium Models: An Application for the Regional E ects of the Free Trade Area of the Americas (FTAA)
  • 本地全文:下载
  • 作者:Edson Paulo Domingues ; Eduardo Amaral Haddad
  • 期刊名称:BRE : Brazilian Review of Econometrics / Sociedade Brasileira de Econometria
  • 印刷版ISSN:0101-7012
  • 出版年度:2005
  • 卷号:25
  • 期号:1
  • 页码:115-115–137
  • 出版社:Rio de Janeiro
  • 摘要:The goal of this paper is to explore an applied tool for sensitivity analysis in computable general equilibrium models (CGE). An interregional CGE model is used to assess the impacts of the Free Trade Area of the Americas (FTAA) on Brazilian regions. As interregional substitution and factor mobility can be the key mechanisms that drive the model results, one should take closer attention to the estimated regional trade elasticities. Since information for proper estimation is rarely available, qualitative sensitivity analysis should be designed and used together with systematic quantitative sensitivity analysis. The sensitivity of results to parameters is evaluated in such a way that we can assess the robustness of results to different levels of elasticities of substitution.
  • 关键词:Sensitivity Analysis, Computable General Equilibrium, Regional Models, FTAA.
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