Producers Consumers And Partial Equilibrium
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Producers Consumers And Partial Equilibrium
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Author : David Mandy
language : en
Publisher: Academic Press
Release Date : 2016-11-26
Producers Consumers And Partial Equilibrium written by David Mandy and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-26 with Business & Economics categories.
Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial equilibrium among these economic actors. The book pulls together foundational content from many classic sources and organizes it in a self-contained format that rigidly adheres to optimization as the central behavioral postulate and analytical tool for economic theory. The book maintains a sharp focus on the properties of outcomes from optimizing behavior in varying environments. These properties are the refutable hypotheses from each optimization behavioral postulate, and they form the core content of this positive economic theory. In so doing, the book presents and documents the underlying formal structure of the theory with a higher degree of integration and completeness than is typical of Ph.D. textbooks in microeconomics. Includes comprehensive, focused and unified coverage of the mathematics required for the core theories of producer and consumer choice, and partial equilibrium Presents a generalized envelope theorem as a key source of refutable hypotheses Delineates the role of active versus inactive constraints in generating refutable hypotheses Discusses convex functions in economic optimization environments Presents the full formal details of core producer and consumer and producer theory in a unified and systematic manner Emphasizes the refutable hypotheses resulting from behavioral postulates and the completeness (duality) of those hypotheses for the postulated behavior within microeconomics Includes end-of-chapter exercises, full index, and an instructor’s solutions manual Includes a concordance that matches its chapters with those of major textbooks
Production Quota Buyouts
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Author : Dwayne J. Haynes
language : en
Publisher:
Release Date : 2013
Production Quota Buyouts written by Dwayne J. Haynes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Under a treasury buyout (TB), producers gain, consumers are not taxed to fund the buyout, and society does not face efficiency losses due to the buyout. For these reasons, producers, consumers, and society favor a TB over a CTB. The third paper analyzes and compares the impact of the US Tobacco Quota Buyout within both a partial and a general-equilibrium framework. In a partial-equilibrium framework (as presented in the first paper) a tobacco quota buyout results in producer gains, consumer losses, and net losses because of higher prices and deadweight losses. Within a general-equilibrium framework, the tobacco quota buyout results in a decrease of society\U+2019\s smoking-related healthcare costs due to the decrease in demand for tobacco. It also leads to an increase in worker productivity as employees reduce the amount of smoking-related sick days taken.
Measuring The Impact Of Distortions In Agricultural Trade In Partial And General Equilibrium
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Author : Mr.Stephen Tokarick
language : en
Publisher: International Monetary Fund
Release Date : 2003-05-01
Measuring The Impact Of Distortions In Agricultural Trade In Partial And General Equilibrium written by Mr.Stephen Tokarick and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-05-01 with Business & Economics categories.
This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies) in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger distortionary impact than subsidies. Removal of agricultural support would likely raise the international prices of food, resulting in an increase in the cost of food for many net-food- importing countries, although the increase is generally small. The results also show that most of the benefits from removing agricultural support accrue to the countries that liberalize.
Commercial Release Of First Generation Genetically Modified Food Products In New Zealand
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Author : Caroline M. Saunders
language : en
Publisher:
Release Date : 2015
Commercial Release Of First Generation Genetically Modified Food Products In New Zealand written by Caroline M. Saunders and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
In the present paper, the impact of genetically modified (GM) food production on producers, consumers and trade in New Zealand is simulated under various scenarios using the Lincoln Trade and Environment Model (LTEM). The LTEM simulates, against various assumptions of proportions of GM/GM-free production, the impact of various scenarios relating to preference for or against GM production. The results from this preliminary analysis show that the greatest positive impact on New Zealand income is from following a GM-free strategy, where it is assumed such markets as the European Union and Japan have a large switch in preference away from GM food, followed by the scenario when there is a 20% preference for GM-free.
Getting Prices Right
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Author : C. Peter Timmer
language : en
Publisher: Cornell University Press
Release Date : 1986
Getting Prices Right written by C. Peter Timmer and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.
Attempts to connect the diverse aspects of appropriate price policy in the following sequence: 1) the implementation issues and impact on the domestic marketing sector, 2) the nature of the world market price, 3) the disaggregated effects on producers and consumers, 4) the short-run macro effects on budgetary, fiscal, and monetary policy, 5) the impact of macro prices, especially the foreign exchange rate, 6) the spillover effects of price policy for one commodity market on other commodity and factors markets, on the agricultural sector as a whole, and on the entire economy, 7) the dynamic effects on employment, investment, and economic growth (Author).
Introduction To Computable General Equilibrium Models
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Author : Mary E. Burfisher
language : en
Publisher: Cambridge University Press
Release Date : 2016
Introduction To Computable General Equilibrium Models written by Mary E. Burfisher and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Business & Economics categories.
The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.
Handbook Of Research Methods And Applications In Economic Geography
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Author : Charlie Karlsson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2015-02-27
Handbook Of Research Methods And Applications In Economic Geography written by Charlie Karlsson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-27 with Social Science categories.
The main purpose of this Handbook is to provide overviews and assessments of the state-of-the-art regarding research methods, approaches and applications central to economic geography. The chapters are written by distinguished researchers from a variet
Natural Resources As Capital
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Author : Larry Karp
language : en
Publisher: MIT Press
Release Date : 2017-10-27
Natural Resources As Capital written by Larry Karp and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-27 with Business & Economics categories.
An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introduction to natural resource economics treats resources as a type of capital; their management is an investment problem requiring forward-looking behavior within a dynamic setting. Market failures are widespread, often associated with incomplete or nonexistent property rights, complicated by policy failures. The book covers standard resource economics topics, including both the Hotelling model for nonrenewable resources and models for renewable resources. The book also includes some topics in environmental economics that overlap with natural resource economics, including climate change. The text emphasizes skills and intuition needed to think about dynamic models and institutional remedies in the presence of both market and policy failures. It presents the nuts and bolts of resource economics as applied to nonrenewable resources, including the two-period model, stock-dependent costs, and resource scarcity. The chapters on renewable resources cover such topics as property rights as an alternative to regulation, the growth function, steady states, and maximum sustainable yield, using fisheries as a concrete setting. Other, less standard, topics covered include microeconomic issues such as arbitrage and the use of discounting; policy problems including the “Green Paradox”; foundations for policy analysis when market failures are important; and taxation. Appendixes offer reviews of the relevant mathematics. The book is suitable for use by upper-level undergraduates or, with the appendixes, masters-level courses.
Plant Pest Risk Analysis
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Author : Christina Devorshak
language : en
Publisher: CABI
Release Date : 2012
Plant Pest Risk Analysis written by Christina Devorshak and has been published by CABI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Agricultural pests categories.
This text provides instruction on the concepts and application of risk analysis in the field of regulatory plant protection, covering topics such as the background on why and how risk analysis is conducted and specific methods for implementing risk analysis. This book also provides useful exercises and case studies to aid students of plant pathology and crop protection in their absorption of the subject. Equally useful for practitioners, this book is written by experts with a wealth of national and international experience. Students of plant pathology and crop protection as well as practitione.
Lecture Notes In International Trade Theory Classical Trade And Applications
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Author : Larry S Karp
language : en
Publisher: World Scientific
Release Date : 2021-12-08
Lecture Notes In International Trade Theory Classical Trade And Applications written by Larry S Karp and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-08 with Business & Economics categories.
Lecture Notes in International Trade Theory covers classical international trade models (including the Ricardian, Ricardo Viner, and Heckscher-Ohlin-Samuelson models). The course is designed for M.Sc. and first year PhD students. It relies on both graphical and analytic methods, requiring only intermediate microeconomics and a solid grounding in calculus. The material emphasizes 'second-best' settings, where markets are imperfect. The goal is to equip students with a good enough understanding of open-economy general equilibrium relations that they understand how distortions ripple across different markets, e.g. commodity and factor markets. The Author applies these ideas to environmental and natural resource problems, including pollution 'leakage' (where pollution reductions in one country are offset by trading partners' increased pollution) and imperfect property rights. Other applications include the general equilibrium effects of commodity and trade taxes, international transfers (the 'transfer problem'), minimum wage constraints, and immiserizing growth. The Author assumes that students have some experience in formulating and answering comparative statics questions in an optimization setting. Building on these skills, and developing the idea of stability in an equilibrium setting (the Marshall Lerner condition), students learn how to formulate and answer comparative static questions in trade models.
