The Economy‐Wide Effects of the BSE Crisis: A CGE Analysis
使用英国经济的可计算一般均衡模型，分析疯牛病危机的全局经济影响，比较政府支持购买和补贴两种干预策略与不干预的效果，发现危机对宏观影响虽小但部门间资源再分配效应显著。
A Computable General Equilibrium (CGE) model of the UK economy is used to investigate the economy‐wide effects of the BSE crisis. The impact of two alternative government strategies for dealing with the crisis, support buying and subsidy payments, are compared with the scenario of no government intervention. The results indicate that whilst the macroeconomic consequences of the crisis may be small in percentage terms, substitution and resource re‐allocation effects are substantial. In particular, the impact spreads far beyond those directly impacted by the shock with some sectors of the food industry benefiting. Moreover the alternative government strategies have very different macro economic and intersectoral effects. It is argued that the results support the further development of the model and underlying database.