Title :
Impact from Effective distribution coefficient Change on the economic system constituted by two factors, three departments and four categories of residents — CGE model simulation
Author :
JiQing, Yang ; Shuo, Yang
Author_Institution :
Dept. of Comput. Sci., Xiangfan Univ., Xiangfan, China
Abstract :
A CGE model is built for the economic system constructed by two factors, three departments and four categories of residents and the impact effect of Effective distribution coefficient Change on this economie system is simulated by virtue of computer simulation. The fixed points of the economic system and the impact on distortion of general equilibrium of the economic system are computed by dint of MATLAB software and self-made program (genetic algorithm is adopted). Results: a Effective distribution coefficient Change may change the equilibrium price system (fixed points) of the economic system, the transaction costs of the economic system (in particular costs of property rights), residents´ maximum utility and the department´s equilibrium quantity through influence on employment resource quantity, demand structure, production structure, residents´ real income and so on of the economic system. Conclusion: By the Effective distribution coefficient Change (Table 2), the total social utility increases, the Production of the three departments and the Effective distribution coefficient are positively correlated.
Keywords :
economics; industrial property; pricing; CGE model simulation; MATLAB software; computer simulation; demand structure; department equilibrium quantity; economic system; effective distribution coefficient; employment resource quantity; equilibrium price system; general equilibrium distortion; production structure; resident maximum utility; resident real income; self-made program; total social utility; transaction cost; Decision support systems; CGE model; Computer simulation; Effective distribution coefficient change; Fixed point; Impact effect; The economic system;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Deng Leng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6011030