Modeling Growing Economies In Equilibrium And Disequilibrium
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Modeling Growing Economies In Equilibrium And Disequilibrium
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Author : Allen C. Kelley
language : en
Publisher: Durham, N.C. : [Duke University Press]
Release Date : 1983
Modeling Growing Economies In Equilibrium And Disequilibrium written by Allen C. Kelley and has been published by Durham, N.C. : [Duke University Press] this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Business & Economics categories.
Papers presented at a meeting held at the International Institute for Applied Systems Analysis in Nov. 1980.
Models Of Disequilibrium And Shortage In Centrally Planned Economies
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Author : C.M. Davis
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Models Of Disequilibrium And Shortage In Centrally Planned Economies written by C.M. Davis and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
The centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past several decades. As a result, they have been chronically afflicted by problems such as excess demand, repressed inflation, deficits of commodities, queues, waiting lists, and forced savings. Economists have responded to these phenomena by developing appropriate theoretical and empirical models of CPEs. Of particular note have been the pioneering studies of Richard Portes on disequilibrium econometric models and Janos Kornai on the shortage economy. Each approach has attracted followers who have produced numerous, innovative macro- and microeconomic models of Poland, Czechoslovakia, the German Democratic Republic, Hungary, and the USSR. These models have proved to be of considerable value in the analysis of the causes, consequences and remedies of disequilibrium phenomena. Inevitably, the new research has also generated controversies both between and within the schools of shortage and disequilibrium modelling, concerning the fundamental nature of the socialist economy, theoretical concepts and definitions, the specification of models, estimation techniques, interpretation of empirical findings, and policy recommend ations. Furthermore, the research effort has been energetic but incomplete, so many gaps exist in the field.
Handbook Of Computable General Equilibrium Modeling
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Author : Peter B. Dixon
language : en
Publisher: Newnes
Release Date : 2013-11-14
Handbook Of Computable General Equilibrium Modeling written by Peter B. Dixon and has been published by Newnes this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-14 with Business & Economics categories.
In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results Shows how CGE modeling has made a contribution to economic policy
Modeling Growing Economies In Equilibrium And Disequilibrium
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FREE 30 Days
Author : Allen C. Kelley
language : en
Publisher: Durham, N.C. : [Duke University Press]
Release Date : 1983
Modeling Growing Economies In Equilibrium And Disequilibrium written by Allen C. Kelley and has been published by Durham, N.C. : [Duke University Press] this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Business & Economics categories.
Papers presented at a meeting held at the International Institute for Applied Systems Analysis in Nov. 1980.
The New Generation Of Computable General Equilibrium Models
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Author : Federico Perali
language : en
Publisher: Springer
Release Date : 2018-05-02
The New Generation Of Computable General Equilibrium Models written by Federico Perali and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-02 with Business & Economics categories.
This book covers some important topics in the construction of computable general equilibrium (CGE) models and examines use of these models for the analysis of economic policies, their properties, and their implications. Readers will find explanation and discussion of the theoretical structure and practical application of several model typologies, including dynamic, stochastic, micro-macro, and simulation models, as well as different closure rules and policy experiments. The presentation of applications to various country and problem-specific case studies serves to provide an informed and clearly articulated summary of the state of the art and the most important methodological advancements in the field of policy modeling within the framework of general equilibrium analysis. The book is an outcome of a recent workshop of the Italian Development Economists Association attended by a group of leading practitioners involved in the generation of CGE models and research on modeling the economy and policy making. It will be of interest to researchers, professional economists, graduate students, and knowledgeable policy makers.
Modeling Developing Countries Policies In General Equilibrium
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Author : De Melo Jaime
language : en
Publisher: World Scientific
Release Date : 2015-02-26
Modeling Developing Countries Policies In General Equilibrium written by De Melo Jaime and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-26 with Business & Economics categories.
Policies affecting resource allocation across tradable sectors and those affecting the incentives to produce tradable activities are key determinants of macroeconomic balance and growth. Computable general equilibrium models have made significant contributions to both types of policies. With advancements in computing power and software, these models have become easy to implement and are now widespread. The question then is when and how to formulate them to avoid the ‘black box’ syndrome.This book seeks to address these issues through carefully selected essays that analyse how to model general equilibrium linkages in a single economy, across developing and developed economies, and across both micro and macro policies. Micro policies examined include tariffs quotas and VERs, the choice of taxes to maximize government revenue, migration and remittances, and the political economy of tariff setting. Applications on macro policies cover capital inflows, real exchange rate determination, and the modeling of the effects of adjustment policies on income distribution.The book provides insights on the development of a family of models for diverse policy choices, focusing on the ways to model the following: links between tradable and non-tradable activities, labor markets, and portfolio choices given limited capital mobility. Selected essays are all inspired by specific policy problems, including the adaptation to external shocks (i.e. oil), consequences of capital inflows, determinants of migration and associated remittances, the productivity of foreign aid, and rent-seeking activities under trade regimes with non-price trade restrictions. Examples in this book lay out the theoretical foundations, alongside a variety of applications, to help formulate coherent and transparent models for policy analysis. Archetype economies are extensively used to show how differences in economic structure influence the effects of policies. Graduate students and policy analysts interested in modeling will find this a useful compendium of studies.
Modelling Macroeconomic Adjustment With Growth In Developing Economies
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Author : Sushanta K. Mallick
language : en
Publisher:
Release Date : 1999
Modelling Macroeconomic Adjustment With Growth In Developing Economies written by Sushanta K. Mallick and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
This work models issues of macroeconomic adjustment and growth in developing countries. The topics have been chosen for their continued relevance in current policy debates. It investigates the appropriateness of the Fund Bank approach to macroeconomic adjustment, and modifies and analyzes the respective effects of the model in light of the country-specific constraints. It models trade, price formation process, and the determinants of long-run growth considering the role of endogenous growth and the demand factors in growth, and it incorporates both the demand and supply effects through an eclectic model of Keynesian-Neoclassical mix.
Multi Regional Dynamic General Equilibrium Modeling Of The U S Economy
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Author : Glyn Wittwer
language : en
Publisher: Springer
Release Date : 2017-07-26
Multi Regional Dynamic General Equilibrium Modeling Of The U S Economy written by Glyn Wittwer and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-26 with Business & Economics categories.
This book details the preparation of USAGE-TERM, a computable general equilibrium model that provides regional economic detail in the USA. The model can represent either congressional district or state level economic activity. The latter may include a top-down representation of county activity. Interest in USAGE-TERM is growing among government departments. It is a practical tool, which may enhance analysis of productivity growth and innovation, adverse events such as drought or civil disruption and the dynamic economic impacts of major projects.Economic analysts and policy makers care about regions. Some regions suffer growing pains, as supporting infrastructure and services struggle to cope with population growth. Soaring house prices and rentals may lower affordability for many. Other regions suffer ongoing decline due to structural change. Regional economic fluctuations are often far more dramatic than national fluctuations.
Computable General Equilibrium Models For Trade Policy Analysis In Developing Countries
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Author : Jaime De Melo
language : en
Publisher: World Bank Publications
Release Date : 1988
Computable General Equilibrium Models For Trade Policy Analysis In Developing Countries written by Jaime De Melo and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Commercial policy categories.
Equilibrium Models In Economics
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Author : Lawrence A. Boland
language : en
Publisher: Oxford University Press
Release Date : 2017-04-21
Equilibrium Models In Economics written by Lawrence A. Boland and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-21 with Business & Economics categories.
The concept of equilibrium is fundamental to economic theory, according to which, it exists when supply and demand are balanced. Equilibrium Models in Economics critically examines the major problematic assumptions employed to build equilibrium models. It gives particular attention to the assumptions used to characterize learning, knowledge and expectations. Lawrence Boland here explores whether equilibrium models can provide a realistic explanation of economic events and objects such as prices, market demands and market supplies. He traces how the different perspectives on equilibrium models represented by such creators as Kenneth Arrow, Robert Clower, and George Richardson influenced subsequent developments in economics. A key debate is about the comparative importance of whether equilibrium refers to a state of an actual economy or a property of a formal mathematical model. Another is the extent that the distinction between a model's exogenous vs. endogenous variables involves causality. Also explored are more recent efforts provided by behavioral, evolutionary, and complexity economics-whether they might change how economics is practiced in the future and how they could. Equilibrium Models in Economics is a trenchant exploration of how the discipline has grappled with attempts to understand and explain the way information, knowledge, and the expectations of actors participating in the economy influence outcomes and behavior. It presents a realistic, workable theory of knowledge and learning, simulating how decision makers and other actors operate in fast-changing equilibrium conditions.