Parametrical Regulation of Economic Growth on the Basis of CGE Model of Economic Sectors

A.A. Ashimov, B.T. Sultanov, Zh.M. Adilov, Yu.V. Borovskiy, N.Yu. Borovskiy, and As.A. Ashimov (Kazakhstan)

Keywords

Economy, computable general equilibrium (CGE) models, discrete dynamic system (semicascade), parametrical regulation, variational problem, dependences of optimal values of a criterion on uncontrolled parameters.

Abstract

Some results of application of elements of the parametrical regulation theory on the basis of CGE model, which is a discrete dynamic system (semi cascade) and efficiency of this application are presented in the work. The method of parametrical identification of macroeconomic models with a large quantity of estimated parameters is offered and approved. Optimal (in sense of some criterion) values of controlled parameters of economic policy on the basis of considered mathematical model are defined. Dependences of optimal values of a criterion on uncontrolled parameters for the set area of their values are found.

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