Aggregation by Industry in High-Dimensional Models.

B-Tier
Journal: Review of International Economics
Year: 1994
Volume: 2
Issue: 2
Pages: 97-111

Authors (1)

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Models of trading economies have become very large in dimensions and complex in structure. Conditions which are sufficient for aggregation in production and/or consumption are derived. They require the existence of linearly homogeneous indices of production and/or consumption in the industries or sufficient similarity among agents. These methods are applied to the Armington model and to a group of models in which the commodities in an industry are defined on a continuum. The results are applied to the method of constructing general-equilibrium models with many commodities, tests of comparative advantage, and the measurement of effective protection in multicommodity industries. Copyright 1994 by Blackwell Publishing Ltd.

Technical Details

RePEc Handle
repec:bla:reviec:v:2:y:1994:i:2:p:97-111
Journal Field
International
Author Count
1
Added to Database
2026-01-25