The TERM model and its database

Jonathan Mark Horridge

doi:10.1007/978-94-007-2876-9_2

The TERM model and its database

Jonathan Mark Horridge

Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Other

Abstract

TERM (The Enormous Regional Model) provides a strategy for creating a bottom-up multi-regional CGE model which treats each region of a single country as a separate economy. This makes it a useful tool for examining the regional impacts of shocks that may be region specific. TERM is designed to allow quick simulations with many regions, so allowing for models of large countries with 30?50 provinces, such as USA or China. TERM also offers a standard procedure for preparing a database which requires, in addition to a national input-output or use supply table, a minimal amount of regional data. More regional data can be used if available.

Original language	English
Title of host publication	Practical policy analysis using TERM
Editors	Glyn Wittwer
Place of Publication	Dordrecht Netherlands
Publisher	Springer
Pages	13 - 35
Number of pages	23
Edition	1st
ISBN (Print)	9789400728752
DOIs	https://doi.org/10.1007/978-94-007-2876-9_2
Publication status	Published - 2012

Access to Document

10.1007/978-94-007-2876-9_2

Cite this

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