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GENERAL EQUILIBRIUM PRICE [2 records]

Record 1 2007-06-14

English

Subject field(s)
  • Economic Doctrines, Systems and Policies
  • Econometrics
CONT

The direct cost method ignores that the [economic] impact may change the price(the partial equilibrium effect), that changes in one market may have effects on other markets(the general equilibrium effect), and that climate change may alter investments(the growth effect).

French

Domaine(s)
  • Doctrines, systèmes et politiques économiques
  • Économétrie
CONT

Ces changements [effets directs et indirects des interventions] se propagent par le biais de liens intersectoriaux et d'interdépendance entre industries (appelé techniquement en jargon économique «effet d'équilibre général»).

Spanish

Save record 1

Record 2 1986-05-06

English

Subject field(s)
  • Econometrics
CONT

A general equilibrium trade model can be described as one in which supply equals demand in every market and all markets are linked together through the mechanism of relative prices. For instance, an increase in demand in one industry raises the price in that industry with a resulting impact on those industries which either purchase the product as an input or supply the initial industry.

French

Domaine(s)
  • Économétrie
OBS

Terme suggéré par le service de traduction du Conseil économique du Canada.

Spanish

Save record 2

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