An Application of the Computable General Equilibrium Model to Analyze U.S. Ariculture
用可计算一般均衡模型分析美国汇率和资本存量变化对农业的影响,发现美元贬值有利于农业和贸易平衡,但损害消费者利益。
The effects of exchange rate and capital stock changes are analyzed using a CGE model for the United States. The model is in the Walrasion tradition and is calibrated to 1982 data. Results indicate that a devaluation of the U.S. dollar has a positive effect on the agricultural sector and balance of trade, but has a negative effect on consumers.