The resilience of the Indian economy to rising oil prices as a validation test for a global energy-environment-economy CGE model
Submitted by madhu on Mon, 2008-09-01 11:40
This paper proposes to test the global hybrid computable general equilibrium model IMACLIM-R against macroeconomic data. To do so, it compares the modeled and observed responses of the Indian economy to the rise of oil price during the 2003-2006 period. The objective is twofold: first, to disentangle the various mechanisms and policies at play in India
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Publication Date:
01/09/2008