post_model_analysis
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post_model_analysis [2020/04/26 05:45] – [Dual analysis] matsz | post_model_analysis [2020/05/01 08:53] – matsz | ||
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A key element in analysing policy changes from an economic viewpoint is to look at welfare changes. The “classical” elements of a welfare analysis are changes in consumer and producer rents and for the tax payer. That concept is also followed in CAPRI. | A key element in analysing policy changes from an economic viewpoint is to look at welfare changes. The “classical” elements of a welfare analysis are changes in consumer and producer rents and for the tax payer. That concept is also followed in CAPRI. | ||
- | For consumers, CAPRI uses the money metric concept. It can be broadly understood as a measurement for changes in the purchasing power of the consumer. The concept is also linked to the expenditure function as introduced in Section [[Market module for agricultural outputs# | + | For consumers, CAPRI uses the money metric concept. It can be broadly understood as a measurement for changes in the purchasing power of the consumer. The concept is also linked to the expenditure function as introduced in Section [[scenario simulation# |
\begin{equation} | \begin{equation} | ||
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Where //e//(.) is the expenditure function, \(Y^r\) is expenditure in the reference situation, and \(cpri^r (cpri^s)\) is the price vector in the reference (scenario) situation. The money metric is thus the expenditure the consumer would need at reference prices to be as well of as if facing the scenario prices at reference income. The difference of money metric for a given scenario to money metric in the reference situation is the equivalent variation. | Where //e//(.) is the expenditure function, \(Y^r\) is expenditure in the reference situation, and \(cpri^r (cpri^s)\) is the price vector in the reference (scenario) situation. The money metric is thus the expenditure the consumer would need at reference prices to be as well of as if facing the scenario prices at reference income. The difference of money metric for a given scenario to money metric in the reference situation is the equivalent variation. | ||
- | Considering the generalised Leontief form of the indirect utility function used in CAPRI (compare with Section [[Market module for agricultural outputs# | + | Considering the generalised Leontief form of the indirect utility function used in CAPRI (compare with Section [[scenario simulation# |
\begin{align} | \begin{align} | ||
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====Energy assessment in CAPRI==== | ====Energy assessment in CAPRI==== | ||
- | To integrate the methodology which is described in Chapter [[Farm Structure Units – FSU# | + | To integrate the methodology which is described in Chapter [[spatial dis-aggregation capis module# |
===Direct energy sources=== | ===Direct energy sources=== |
post_model_analysis.txt · Last modified: 2022/11/07 10:23 by 127.0.0.1