CIER applied a dynamic GTAP model in its research, while the Chohlee institute adopted a static one, Huang said.
“If CIER had used the static method, it would have forecast an increase in job opportunities of around 130,000, a figure not far from that projected by the Chihlee institute,” Huang explained. <…more>
Publication Date:10/21/2009
Source: Taiwan News
Editor: Chen Shun-hsieh, Yang Shu-min & Bear Lee