Sensitivity Analysis in Computable General Equilibrium Models: An Application for the Regional Effects of the Free Trade Area of the Americas (FTAA)

dc.creatorDomingues, Edson Paulo
dc.creatorHaddad, Eduardo Amaral
dc.date2005-05-01
dc.date.accessioned2022-11-03T21:17:59Z
dc.date.available2022-11-03T21:17:59Z
dc.identifierhttps://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/2674
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/5047734
dc.descriptionThe goal of this paper is to explore an applied tool for sensitivity analysis in computable general equilibrium models (CGE). An interregional CGE model is used to assess the impacts of the Free Trade Area of the Americas (FTAA) on Brazilian regions. As interregional substitution and factor mobility can be the key mechanisms that drive the model results, one should take closer attention to the estimated regional trade elasticities. Since information for proper estimation is rarely available, qualitative sensitivity analysis should be designed and used together with systematic quantitative sensitivity analysis. The sensitivity of results to parameters is evaluated in such a way that we can assess the robustness of results to different levels of elasticities of substitutionen-US
dc.descriptionThe goal of this paper is to explore an applied tool for sensitivity analysis in computable general equilibrium models (CGE). An interregional CGE model is used to assess the impacts of the Free Trade Area of the Americas (FTAA) on Brazilian regions. As interregional substitution and factor mobility can be the key mechanisms that drive the model results, one should take closer attention to the estimated regional trade elasticities. Since information for proper estimation is rarely available, qualitative sensitivity analysis should be designed and used together with systematic quantitative sensitivity analysis. The sensitivity of results to parameters is evaluated in such a way that we can assess the robustness of results to different levels of elasticities of substitutionpt-BR
dc.formatapplication/pdf
dc.languageeng
dc.publisherSociedade Brasileira de Econometriaen-US
dc.relationhttps://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/2674/1625
dc.sourceBrazilian Review of Econometrics; Vol. 25 No. 1 (2005); 115–137en-US
dc.sourceBrazilian Review of Econometrics; v. 25 n. 1 (2005); 115–137pt-BR
dc.source1980-2447
dc.subjectSensitivity Analysisen-US
dc.subjectComputable General Equilibriumen-US
dc.subjectRegional Modelsen-US
dc.subjectFTAAen-US
dc.subjectC68en-US
dc.subjectSensitivity Analysispt-BR
dc.subjectComputable General Equilibriumpt-BR
dc.subjectRegional Modelspt-BR
dc.subjectFTAApt-BR
dc.subjectC68pt-BR
dc.titleSensitivity Analysis in Computable General Equilibrium Models: An Application for the Regional Effects of the Free Trade Area of the Americas (FTAA)en-US
dc.titleSensitivity Analysis in Computable General Equilibrium Models: An Application for the Regional Effects of the Free Trade Area of the Americas (FTAA)pt-BR
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion


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