Author(s) |
Meng, Samuel
Siriwardana, Ananda
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Publication Date |
2017
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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
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Type of document |
Book
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Entity Type |
Publication
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