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Comparing global economic models
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UNSPECIFIED (1998) Comparing global economic models. ECONOMIC MODELLING, 15 (1). pp. 1-48. ISSN 0264-9993.
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Abstract
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 | ||||
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Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
Journal or Publication Title: | ECONOMIC MODELLING | ||||
Publisher: | ELSEVIER SCIENCE BV | ||||
ISSN: | 0264-9993 | ||||
Official Date: | January 1998 | ||||
Dates: |
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Volume: | 15 | ||||
Number: | 1 | ||||
Number of Pages: | 48 | ||||
Page Range: | pp. 1-48 | ||||
Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
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