Abstract
Alongside theoretical developments of mathematical economics in the fifties and sixties, the emerging field of computable general equilibrium (CGE) modeling (Scarf and Shoven [1984], Shoven and Whalley [1992]) has been pre-occupied with the problem of numerically solving systems of highly nonlinear simultaneous equations describing general equilibrium states of a multi-sector model of an economy. Path breaking contributions by Scarf [1973], Merrill [1972], van der Laan and Talman [1979], and others in the theory of fixed-point computation have made it now possible to routinely compute numerical solutions of complex CGE models in various areas such as public finance, international trade, development, environment, and economic history.
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© 1993 Springer Science+Business Media New York
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Nguyen, T.T. (1993). Symbolic Compuation in Computable General Equilibrium Modeling. In: Lee, T. (eds) Mathematical Computation with Maple V: Ideas and Applications. Birkhäuser, Boston, MA. https://doi.org/10.1007/978-1-4612-0351-3_15
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DOI: https://doi.org/10.1007/978-1-4612-0351-3_15
Publisher Name: Birkhäuser, Boston, MA
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