sensitivity_analysis
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sensitivity_analysis [2020/03/26 06:37] – matsz | sensitivity_analysis [2020/03/26 06:38] – matsz | ||
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* The elasticities of demand (DemElas) for meat and dairy products. We recalibrated the demand systems for all countries so that the own-price demand elasticities would be as close as possible to +/- 50% of the standard value, while observing relevant regularity conditions for demand systems. | * The elasticities of demand (DemElas) for meat and dairy products. We recalibrated the demand systems for all countries so that the own-price demand elasticities would be as close as possible to +/- 50% of the standard value, while observing relevant regularity conditions for demand systems. | ||
* Substitution elasticities (CES) between imports and domestic products and between different import sources were also set to +/- 50% of the standard values. The standard values differ per product, ranging from 2 to 10. | * Substitution elasticities (CES) between imports and domestic products and between different import sources were also set to +/- 50% of the standard values. The standard values differ per product, ranging from 2 to 10. | ||
- | * GHG emission factors (EF) per commodity outside of the EU. Emissions leakage depends more on the relationship between EF in the EU to those outside the EU than on the absolute level. Therefore, we chose to vary only the factors outside of the EU. Since, in general, N< | + | * GHG emission factors (EF) per commodity outside of the EU. Emissions leakage depends more on the relationship between EF in the EU to those outside the EU than on the absolute level. Therefore, we chose to vary only the factors outside of the EU. Since, in general, N< |
We do not know the covariance of the uncertain parameters across countries and products. In order to avoid running a very large number of simulation experiments, | We do not know the covariance of the uncertain parameters across countries and products. In order to avoid running a very large number of simulation experiments, |
sensitivity_analysis.txt · Last modified: 2022/11/07 10:23 by 127.0.0.1