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Fig. 14.1 Structure of CGE model
Fig. 14.2 Process of capital accumulation in the dynamic CGE model
shows the process of capital accumulation and productions in our dynamic CGE
model. Preconditions, such as future population change, expected economic growth
rate, and share of power generation technology are set as given. Also, sensitivity
analysis on future scenarios can be done by changing these assumptions. In this
model, by introducing the new production investment with ICT services, the ICT