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Aggregation by Industry in General Equilibrium Models with International Trade

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/aggregation-by-industry-in-general-equilibrium-models-with-international-trade_581654016867.html
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Models of trading economies have become very large in dimensions and complex in structure. This paper seeks conditions under which it is possible to aggregate the production and consumption of groups of commodities in "industries": commodity groups sharing some common characteristics and behaviour. The most extreme form of aggregation is the...
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