Skip to main content
SpringerLink
Log in

Simulation Methods for Regional Economic Development

  • Chapter
  • First Online:
Principles of Regional Science

Part of the book series: New Frontiers in Regional Science: Asian Perspectives ((NFRSASIPER,volume 15))

  • 504 Accesses

Abstract

The final chapter of this book, which introduces the computable general equilibrium model (CGE) method, is an appendix of regional analysis and the methods of multi-regional DCGE analysis. Written by the authors from their many years of experience, it can be used by regional economic researchers.

The authors of this chapter are Changxin Liu and Yi Sun.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
eBook
USD 16.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    In the following text, superscript h represent urban & rural attribute. The superscript u is urban and superscript r is rural unless there’s specific notes.

References

  • Adelman, I., & Robinson, S. (1978). Income distribution policy in developing countries: A case study of Korea [M]. Stanford: World Bank, Stanford University Press.

    Google Scholar 

  • Arrow, K. J., & Debreu, G. (1954). Existence of an equilibrium for a competitive economy [J]. Econometrica: Journal of the Econometric Society, 265–290.

    Google Scholar 

  • Arrow K J. An Extension of the Basic Theorems of Classical Welfare Economics[J]. in Second Berkeley Symposium on Mathematical Statistics and Probability, 1951:507–532.

    Google Scholar 

  • Scarf H. The computation of economic equilibria,[M]. Yale University Press, 1973

    Google Scholar 

  • Zhu Yanxin, Wang Zheng , Xue Junb , 2008, The sector comparison of labor consumption in the technological progress. Science Research Management.29(4): 111–118.

    Google Scholar 

  • Bandara, J. S. (1991). Computable general equilibrium models for development policy analysis in LDCs[J]. Journal of Economic Surveys, 5(1), 3–69.

    Article  Google Scholar 

  • Bergman, L. (1990). Energy and environmental constraints on growth: A CGE modeling approach[J]. Journal of Public Economics, 12(4), 671–691.

    Google Scholar 

  • Dervis, K., de Melo, J., & Robinson, S. (1982). General equilibrium models for development policy [M] (p. xvii, 526). Cambridge, New York: Cambridge University Press.

    Google Scholar 

  • Giesecke, J. (2002). Explaining regional economic performance: an historical application of a dynamic multi-regional CGE model[J]. Regional Science, 81(2), 247–278.

    Article  Google Scholar 

  • Harris, R., & Cox, D. (1984). Trade, industrial policy and Canadian manufacturing. Toronto: University of Toronto Press.

    Google Scholar 

  • Johansen, L. (1960). A multi-sectoral study of economic growth. The Review of Economics and Statistics, 44(2), 232–233.

    Google Scholar 

  • Keller, W. J. (1980). A general equilibrium approach [M] (2nd ed., pp. 36–56). Amsterdam: North-Holland.

    Google Scholar 

  • Kim, E., & Kim, K. (2002). Impacts of regional development strategies on growth and equity of Korea: A multiregional CGE model[J]. The Annals of Regional Science, 36(1), 165–180.

    Google Scholar 

  • Pereira, A. M., & Shoven, J. B. (1988). Survey of dynamic computational general equilibrium models for tax policy evaluation[J]. Journal of Policy Modeling, 10(3), 401–436.

    Article  Google Scholar 

  • Robinson, S. (1991). Macroeconomics, financial variables, and computable general equilibrium models[J]. World Development, 19(11), 1509–1525.

    Article  Google Scholar 

  • Roland-Holst, D., Reinert, K., et al. (1992). North American Journal of Economics and Finance, 10(1), 5–38.

    Google Scholar 

  • Round, J. I., & Pyatt, G. (1985). Social accounting matrices: A basis for planning[M]. World Bank.

    Google Scholar 

  • Scarf, H. (1967). The approximation of fixed points of a continuous mapping[J]. SIAM Journal on Applied Mathematics, 15(5), 1328–1343.

    Article  Google Scholar 

  • Scarf, H. E., & Hansen, T. (1973). The computation of economic equilibria[M]. New Haven: Yale University Press New Haven.

    Google Scholar 

  • Shoven, J. B., & Whalley, J. (1972). A general equilibrium calculation of the effects of differential taxation of income from capital in the US[J]. Journal of Public Economics, 1(3/4), 281–321.

    Google Scholar 

  • Shoven, J. B., & Whally, J. (1992). Applying general equilibrium [M]. Cambridge: Cambridge University Press.

    Google Scholar 

  • Shoven, J. B., & Whalley, J. (1974). On the computation of competitive equilibrium on international markets with tariffs. Journal of International Economics, 4(4), 341–354.

    Article  Google Scholar 

  • Stifel, D. C., & Thorbecke, E. (2003). A dual-dual CGE model of an archetype African economy: Trade reform, migration and poverty[J]. Journal of Policy Modeling, 25(3), 207–235.

    Article  Google Scholar 

  • Sun, Y. W. Z., Zhu, Y. X., & Li, B. (2009). Controlling of regional gap based on general equilibrium theory. Chinese Journal of Management, 6(5), 1163–1168.

    Google Scholar 

  • Wald, A. (1951). On some systems of equations of mathematical economics [J]. Econometrica: Journal of the Econometric Society, 368–403.

    Google Scholar 

  • Walras, L., & Jaffé, W. (1954). Elements of pure economics; or, The theory of social wealth[M]. London: American Economic Association and the Royal Economic Society.

    Google Scholar 

  • Wang, Z., Li, H. Q., Wu, J., et al. (2010a). Policy modeling on the GDP spillovers of carbon abatement polices between China and the United States. Economic Modelling, 20, 40–45.

    Article  Google Scholar 

  • Wang, Z., Liu, T., & Dai, X.-Y. (2010b). Effect of policy and entrepreneurship on innovation and growth. Studies in Regional Science, 40(1), 19–26.

    Article  Google Scholar 

  • Wang, Z., Wu, J., Zhu, Y. B., et al. (2010c). The economic research of climate protection. Beijing: Science Press.

    Google Scholar 

  • Wang, Z., Xia, H. B., & Wu, J. (2010d). General geography (pp. 98–99). Beijing: Science Press.

    Google Scholar 

  • Whalley, J. (1985). Trade liberalization among major world trading areas [M] (pp. 69–82). Cambridge, MA: The MIT Press.

    Google Scholar 

  • Wu, B., & Wang, Z. (2004). The calculation and research on human capital of China’s provinces. Science Research Management, 25(4), 60–65.

    Google Scholar 

  • Xue, J. (2006). Development and application of China's macroeconomic policy simulation based on CGE and its application, [D]. Graduate University of Chinese Academy of Sciences, PhD thesis.

    Google Scholar 

  • Zhen, Y., & Fan, T. (1999). Chinese CGE model and policy analysis, [M]. Beijing: Social Sciences Literature Press.

    Google Scholar 

  • Zhu, Y., & Wang, Z. (2006). Research on the impact of transfer payment based on general equilibrium theory [J]. China Management Science, 14(Special issue), 394–308.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Chinese Academy of Sciences, Institutes of Science and Development, Beijing, China

    Changxin Liu & Yi Sun

Authors
  1. Changxin Liu
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Yi Sun
    View author publications

    You can also search for this author in PubMed Google Scholar

Rights and permissions

Reprints and permissions

Copyright information

© 2017 Springer Nature Singapore Pte Ltd.

About this chapter

Cite this chapter

Liu, C., Sun, Y. (2017). Simulation Methods for Regional Economic Development. In: Principles of Regional Science. New Frontiers in Regional Science: Asian Perspectives, vol 15. Springer, Singapore. https://doi.org/10.1007/978-981-10-5367-2_7

Download citation

Publish with us

Policies and ethics

Search

Navigation