Parameter estimation for a computable general equilibrium model: a maximum entropy approach
نویسندگان
چکیده
منابع مشابه
Parameter Estimation for a CGE Model TMD DISCUSSION PAPER NO. 40 PARAMETER ESTIMATION FOR A COMPUTABLE GENERAL EQUILIBRIUM MODEL: A MAXIMUM ENTROPY APPROACH
We introduce a maximum entropy approach to parameter estimation for computable general equilibrium (CGE) models. The approach applies information theory to estimating a system of nonlinear simultaneous equations. It has a number of advantages. First, it imposes all general equilibrium constraints. Second, it permits incorporation of prior information on parameter values. Third, it can be applie...
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ژورنال
عنوان ژورنال: Economic Modelling
سال: 2002
ISSN: 0264-9993
DOI: 10.1016/s0264-9993(01)00068-2