Assessing the Economic Impact of Tourism: A Computable General Equilibrium Modelling Approach

Author(s)
Meng, Samuel
Siriwardana, Ananda
Publication Date
2017
Abstract
The name 'computable general equilibrium (CGE) model' indicates the main features of this type of model. Equilibrium is a common economic term which means a system reaches a relatively stable state. For example, fluctuations of demand for and supply of apples will cause a change in apple prices: when demand for apples is greater than the supply of apples, apple prices will go up, and vice versa. However, over time, the demand and supply will reach a balance and thus the price of apples will be relatively stable.
ISBN
9783319403281
9783319403274
Link
Publisher
Palgrave Macmillan
Edition
1
Title
Assessing the Economic Impact of Tourism: A Computable General Equilibrium Modelling Approach
Type of document
Book
Entity Type
Publication

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