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  • Search: subject:"CES utility and cost functions"
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CES utility and cost functions 1 CGE modeling 1 Calibration 1
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Sancho, Ferran 1
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Economic Systems Research 1
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CALIBRATION OF CES FUNCTIONS FOR REAL-WORLD MULTISECTORAL MODELING
Sancho, Ferran - In: Economic Systems Research 21 (2009) 1, pp. 45-58
We show how to calibrate CES production and utility functions when indirect taxation affecting inputs and consumption is present. These calibrated functions can then be used in computable general equilibrium models. Taxation modifies the standard calibration procedures since any taxed good has...
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