Turner, Karen; Ha, Soo Jung; Hewings, Geoffrey J.D.; … - In: Economic Systems Research 24 (2012) 1, pp. 1-19
One of the main concerns associated with the development and use of regional CGE models is the determination of key parameter values, particularly substitution and other price elasticities. A common problem is the lack of appropriate regional data for econometric estimation. Consequently, it is...