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Application of CGE Model in Engineering Construction
- 1 Southwest University of Science and Technology
- 2 Southwest University of Science and Technology
* Author to whom correspondence should be addressed.
Abstract
The Computable General Equilibrium (CGE) model is a significant tool in economic analysis that has become popular to be used for policy evaluation, forecasting, and studies of structural components. This lumps the economy into production, consumption, government, and global trade sectors that answer to particular production technologies, consumption behaviors, and market behaviors specific to a range of economic actors. The CGE model can owl these with by solving equations like production and consumption functions, capturing the interactions between sectors, bitter the equilibrium price and quantity calculations in section engineering construction., which allow us to assess efficiently sectoral impacts, resource distribution and effects of policy measures further examined in this paper. in the building industry, and in the economy of our society as a whole.
Keywords
CGE model, engineering construction, economic development
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Cite this article
Gao,R.;Zhang,X. (2024). Application of CGE Model in Engineering Construction. Journal of Fintech and Business Analysis,1,64-71.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Journal：Journal of Fintech and Business Analysis
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