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Journal : AGRIEKONOMIKA

PEMAHAMAN DASAR ANALISIS MODEL COMPUTABLE GENERAL EQUILIBRIUM (CGE) Hayati, Mardiyah
9-772301-994005
Publisher : Program Studi Agribisnis Fakultas Pertanian Universitas Trunojoyo Madura.

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Abstract

Simple paper about basic understanding of computable general equilibrium aimed to give basic understanding about CGE. It consist of history of CGE, assumption of CGE model, excess and lack of CGE model, and creation of simple CGE model for closed economy. CGE model is suitable to be used for seeing impact of new policy implementation. It is because CGE model use general equilibrium in which this theory of general equilibrium explaining about inter-relation among markets in the economy system. CGE model was introduced in 1960s known as Johansen model. Next, it is expanded into various models such as: ORANI Model, General Trade Analysis Project (GTAP) Model, and Applied General Equilibrium (AGE) Model. In Indonesia, there are CGE ORANI Model, Wayang, Indonesia-E3 and IRCGE. CGE Model is created by assumption of perfect competition. Consumer maximizes utility, producer maximizes profit, and company maximizes zero profit condition.Keyword: CGE, General equilibrium, Consumer and Producer
PEMAHAMAN DASAR ANALISIS MODEL COMPUTABLE GENERAL EQUILIBRIUM (CGE) Hayati, Mardiyah
Agriekonomika Vol 2, No 1: April 2013
Publisher : Program Studi Agribisnis Fakultas Pertanian Universitas Trunojoyo Madura.

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Abstract

ABSTRACTSimple paper about basic understanding of computable general equilibrium aimed to give basic understanding about CGE. It consist of history of CGE, assumption of CGE model, excess and lack of CGE model, and creation of simple CGE model for closed economy. CGE model is suitable to be used for seeing impact of new policy implementation. It is because CGE model use general equilibrium in which this theory of general equilibrium explaining about inter-relation among markets in the economy system. CGE model was introduced in 1960s known as Johansen model. Next, it is expanded into various models such as: ORANI Model, General Trade Analysis Project (GTAP) Model, and Applied General Equilibrium (AGE) Model. In Indonesia, there are CGE ORANI Model, Wayang, Indonesia-E3 and IRCGE. CGE Model is created by assumption of perfect competition. Consumer maximizes utility, producer maximizes profit, and company maximizes zero profit condition.Keyword: CGE, General equilibrium, Consumer and Producer
PEMAHAMAN DASAR ANALISIS MODEL COMPUTABLE GENERAL EQUILIBRIUM (CGE) Mardiyah Hayati
Agriekonomika Vol 2, No 1: April 2013
Publisher : Department of Agribusiness, Faculty of Agriculture, Universitas Trunojoyo Madura, Indonesi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21107/agriekonomika.v2i1.667

Abstract

 Simple paper about basic understanding of computable general equilibrium aimed to give basic understanding about CGE. It consist of history of CGE, assumption of CGE model, excess and lack of CGE model, and creation of simple CGE model for closed economy. CGE model is suitable to be used for seeing impact of new policy implementation. It is because CGE model use general equilibrium in which this theory of general equilibrium explaining about inter-relation among markets in the economy system. CGE model was introduced in 1960s known as Johansen model. Next, it is expanded into various models such as: ORANI Model, General Trade Analysis Project (GTAP) Model, and Applied General Equilibrium (AGE) Model. In Indonesia, there are CGE ORANI Model, Wayang, Indonesia-E3 and IRCGE. CGE Model is created by assumption of perfect competition. Consumer maximizes utility, producer maximizes profit, and company maximizes zero profit condition.