NEOCLASSICAL AND KEYNESIAN PERSPECTIVES ON THE REGIONAL MACRO‐ECONOMY: A COMPUTABLE GENERAL EQUILIBRIUM APPROACH*
解释了如何在区域层面内生建模价格，并利用马来西亚的区际可计算一般均衡模型，展示了如何捕捉区域系统的不同宏观经济学视角。
ABSTRACT Regional economic models typically either ignore prices altogether or simply treat them as exogenously determined. An unfortunate consequence of the neglect of prices is that model builders have been very much limited in the range of macroeconomic perspectives they have been able to bring to bear on regional economic issues. In this paper, we first explain how prices can be modeled endogenously at a regional level despite the paucity of data on regional prices. Using an illustrative interregional computable general equilibrium model for Malaysia, we then demonstrate how alternative macroeconomic visions of regional systems may be captured.