Search found 2 matches
- 1 year ago
- Forum: Modeling
- Topic: How to make the variable PM(m,time) exogeneous
- Replies: 0
- Views: 5899
How to make the variable PM(m,time) exogeneous
I need your help to make the variable PM(m,time) exogeneous in order to simulate a shock. This is my EGC model: VARIABLES * 5.1.1 Volume variables C(i,h,time) Consumption of commodity i by type h households CG(i,time) Public final consumption of commodity i CI(j,time) Total intermediate consumption ...
- 1 year ago
- Forum: Modeling
- Topic: How to make the variable PM(m,time): Price of imported product "m" exogenous
- Replies: 0
- Views: 5861
How to make the variable PM(m,time): Price of imported product "m" exogenous
Hello dear experts, I am conducting a study on the impact of the increase in the domestic price of oil in the economy of Burkina Faso. However, in the CGE model, the domestic price is endogenous while the international price is exogenous since Burkina Faso is a small country. How to make the domesti...