scenario_simulation
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The following table shows the substitution elasticities used for the different product groups. Compared to most other studies, we opted for a rather elastic substitution between products from different origins, as agricultural products are generally more uniform then aggregated product groups, as they can be found e.g. in CGE models. | The following table shows the substitution elasticities used for the different product groups. Compared to most other studies, we opted for a rather elastic substitution between products from different origins, as agricultural products are generally more uniform then aggregated product groups, as they can be found e.g. in CGE models. | ||
- | **Table 28: Substitution elasticities for the Armington CES utility aggregators((A sensitivity analysis on those elasticities is given in section [[scenario simulation# | + | **Table 28: Substitution elasticities for the Armington CES utility aggregators((A sensitivity analysis on those elasticities is given in section [[scenario simulation# |
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^Product (group) ^Substitution elasticity between domestic sales and imports | ^Product (group) ^Substitution elasticity between domestic sales and imports |
scenario_simulation.txt · Last modified: 2023/09/08 12:07 by massfeller