Research Article
A Sustainable Economic System to Face the Fluctuation of Fruit Prices: Based on a Small-Region DSGE Model
Table 2
Fixed parameter definitions and their values.
| | Parameter | Definition | Value |
| | Discount factor | 0.973 | | The rate of labor negative utility | 1 | | Monopoly level of market | 1.2 | | Capital depreciation rate | 0.01 | | Labor elasticity | 0.6 | | Capital elasticity | 0.21 | | Fruit elasticity | 0.19 | | The rate of monetary utility | 1.4 | | Nonfruit consumption to GDP | 0.372 | | Investment to GDP | 0.528 | | Fruit consumption to GDP | 0.1 |
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