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Estimating parameters and structural change in CGE models using a Bayesian cross-entropy estimation approach (English)

Abstract

This paper uses a three-step Bayesian cross-entropy estimation approach in an environment of noisy and scarce data to estimate behavioral parameters for a computable general equilibrium model. The estimation also measures how labor-augmenting productivity... See More +

Details

  • Go, Delfin S.; Lofgren, Hans; Mendez Ramos, Fabian; Robinson, Sherman;
  • 2015/01/01
  • Policy Research Working Paper
  • WPS7174
  • 1
  • 1
  • AfricaWorldKorea, Republic of
  • AfricaThe World RegionEast Asia and Pacific
  • 2014/01/01
  • Disclosed
  • Estimating parameters and structural change in CGE models using a Bayesian cross-entropy estimation approach
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