Comparing global economic models
UNSPECIFIED. (1998) Comparing global economic models. ECONOMIC MODELLING, 15 (1). pp. 1-48. ISSN 0264-9993Full text not available from this repository.
This article presents a first account of comparative research on multi-country models conducted by an independent third party with full hands-on access to the models. The models are MSG2, MULTIMOD and NIGEM. Their structural characteristics are first compared and contrasted; their theoretical foundations are seen to have some broad similarities. Overall model properties are then elucidated by three simulation experiments conducted in a standardized policy framework. The source and nature of observed cross-model and cross-country differences in the results are described, a fundamental source being the model-builders' different approaches to quantification. (C) 1998 Elsevier Science B.V.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions|
|Journal or Publication Title:||ECONOMIC MODELLING|
|Publisher:||ELSEVIER SCIENCE BV|
|Official Date:||January 1998|
|Number of Pages:||48|
|Page Range:||pp. 1-48|
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