WOLFRAM|DEMONSTRATIONS PROJECT

Computable General Equilibrium (CGE) of Multiregion Input-Output Model

​
Computable General Equilibrium
for the Liberalization of Trade
countries
2
3
4
5
pre-trade economies
industries
2
3
4
5
Regulated or trade limited economies prior to liberalization.
The table for each country provides a random tableau of the
country's networked production function, comprising both
technology and labour, shown as Country i Infrastructure.
Labour in each country is randomly generated and shown in
the lower row of each economy's infrastructure.Net Exports
Country i to Country j represents commodity exports less
imports from Country i to Country j. Initial consumption of
each commodity is set at 10 and each Industry row sums to zero.
Country 1
Country 1 Infrastructure
Net Exports Country 1 to 2
Country 1
Limited Trade
Industry 1
Industry 2
Industry 1
Industry 2
Consumption
Industry 1
19
-13
4
0
-10
Industry 2
-16
17
0
9
-10
Labour
-81
-38
0
0
0
Country 2
Net Exports Country 2 to 1
Country 2 Infrastructure
Country 2
Limited Trade
Industry 1
Industry 2
Industry 1
Industry 2
Consumption
Industry 1
-4
0
28
-14
-10
Industry 2
0
-9
-12
31
-10
Labour
0
0
-83
-48
0
This Demonstration is a neoclassical computable general equilibrium (CGE) model that shows how economic growth occurs with the liberalization of trade.