Hosoe / GAMS Validation#
The simple and standard models are checked against their corresponding GAMS Model Library references.
For the standard model, CGE-Core maintains an equation-by-equation crosswalk to stdcge.gms and regression tests the numerical equilibrium using a real nonlinear solver.
The validation also checks the model’s explicit handling of the redundant market-clearing equation implied by Walras’ law.
For the detailed validation record, see Validate CGE-Core Against the Official GAMS stdcge Model.