As indicated before, CGE models are especially suitable to address sizeable policy reforms
(such as those considered in this paper) or external shocks faced by economies.
The comprehensive and detailed modelling by CGE allows for a proper consideration
of the diffusion and economic interrelations associated to the simulated change.
Results relate to both efficiency and distributional aspects, therefore, being another positive feature.
Yet the assumptions are clearly strong: perfect clearing of markets for goods and factors,
i.e. lack of voluntary unemployment, full adjustments with the international sector, etc.