The Need For Economic Models In Economic Policy Making
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The Need For Economic Models In Economic Policy Making
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Author : A. Knoester
language : en
Publisher:
Release Date : 2003
The Need For Economic Models In Economic Policy Making written by A. Knoester and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Bulgaria categories.
Economic Models For Policy Making
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Author : Solomon Cohen
language : en
Publisher: Routledge
Release Date : 2013-05-02
Economic Models For Policy Making written by Solomon Cohen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-02 with Business & Economics categories.
Over the past decades, many different kinds of models have been developed that have been of use to policy makers, but until now the different approaches have not been brought together with a view to enhancing the systematic unification and evaluation of these models. This new volume aims to fill this gap by bringing together four decades’ worth of work by S. I. Cohen on economic modelling for policy making. Work on older models has been rewritten and brought fully up to date, and these older models have therefore been brought back to the fore, both to assess how they influenced more recent models and to see how they could be used today. The focus of the book is on models for development policies in developing economies, but there are some chapters that relate to economic policies in transition and developed economies. The policy areas covered are of typical interest in developing and transition economies. They include those relating to trade liberalization reforms, sustainable development, industrial development, agrarian reform, growth and distribution, human resource development and education, public goods and income transfers. Each chapter contains a brief assessment of the empirical literature on the economic effects of the policy measures discussed in the chapter. The book presents a platform of economic modelling that can serve as a refresher for practising professionals, as well as a reference companion for graduates engaging in economic modelling and policy preparations.
Modeling Politics With Economic Tools
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Author : Mr.Jan-Peter Olters
language : en
Publisher: International Monetary Fund
Release Date : 2001-01-01
Modeling Politics With Economic Tools written by Mr.Jan-Peter Olters 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 2001-01-01 with Business & Economics categories.
Whereas the economics discipline possesses a highly refined theoretical apparatus to analyze the effects of government behaviour on the economy, it has not (yet) managed to fully develop a positively formulated "economic theory of politics" that would permit the integration of the decision-making processes of voters, parties and governments with those of consumers and firms. Considerable recent advances notwithstanding, the large and heterogeneous body of literature has (so far) remained outside the economic mainstrain. The paper surveys the main approaches used to endogenize democratic elements and assesses the underlying reasons for researchers' renewed interest in this field.
Development Policy And Planning
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Author : Anis Chowdhury
language : en
Publisher: Routledge
Release Date : 2003-09-02
Development Policy And Planning written by Anis Chowdhury and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-02 with Architecture categories.
Reorientation from economic controls to a market-based approach led to significant changes in the economic policy of developing countries in the 1980s. Yet, with governments continuing to exercise economic management to accelerate growth beyond that achieved by market forces, techniques and models of development planning are still an integral feature of development policy management. Development Policy and Planning provides a non-technical explanation of the main techniques and models used for economic policy formulation. Each technique is illustrated in application through practical examples.
Empirical Models And Policy Making
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Author : Mary Morgan
language : en
Publisher: Routledge
Release Date : 2003-09-02
Empirical Models And Policy Making written by Mary Morgan and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-02 with Business & Economics categories.
This collection, written by highly-placed practitioners and academic economists, provides a picture of how economic modellers and policy makers interact. The book provides international case studies of particular interactions between models and policy making, and argues that the flow of information is two-way.
Applied Political Economic Modelling
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Author : Paul S.A. Renaud
language : en
Publisher: Springer
Release Date : 1989-10-18
Applied Political Economic Modelling written by Paul S.A. Renaud and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-10-18 with Business & Economics categories.
The subject and purpose of this book is to make a contribution to the development and application of political economic models. The point of departure is the public choice literature, and in particular the interest function approach to government behaviour. The book gives a critical and up-to-date review of the existing approaches in the public choice literature. Various approaches are theoretically and empirically elaborated and statistically tested, using data for the Netherlands. Moreover, new models are constructed which try to explain governmental decision making with respect to government expenditure and transfer payments. The models are empirically applied to the Netherlands. The book analyzes in detail the organization of governmental decision making and studies the implications of this structure for economic policy.
Economics In Practice Evidence Based Policymaking In Singapore
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Author : Ming Leong Kuan
language : en
Publisher: World Scientific
Release Date : 2021-12-10
Economics In Practice Evidence Based Policymaking In Singapore written by Ming Leong Kuan and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-10 with Political Science categories.
Singapore is recognised to be one of the most successful economies in the world given its rapid economic and social transformation. Its success is the result of a judicious blend of markets and government, high-quality governance, and public policies that are coherent, consistent and coordinated.This book showcases the contribution of Economics to Singapore's public policymaking. To illustrate the diverse areas that economic analysis has contributed to, this book comprises three sections that span the economic and non-economic policy domains in Singapore. Section I covers economic policies relating to economic growth, trade, investments, productivity, innovation, industrial development, the enterprise landscape and manpower. Section II highlights socioeconomic and security policies, and covers themes such as income inequality and mobility, families, healthcare costs and crime. In Section III, the focus is on infrastructural policies relating to the environment, housing and land transport.This book commemorates the 20th anniversary of the Singapore Government's Economist Service. As the premier service for economists in the Singapore public sector, the Economist Service plays an integral role in supporting evidence-based policymaking through rigorous economic research and analysis of public policies.
The New Model Economy
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Author : Peter G. Elkan
language : en
Publisher: Elsevier
Release Date : 2014-05-20
The New Model Economy written by Peter G. Elkan and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-20 with Business & Economics categories.
The New Model Economy: Economic Inventions for the Rest of the Century puts forward certain ideas on how the making of economic policy and the instruments used to implement it in the industrialized Western countries could and should be reformed to overcome the grave difficulties of the present. The book contains a total of nine chapters that falls into two parts. The first part proposes the adoption of a ""participatory"" approach to economic policymaking that could be expected to increase greatly the legitimacy of the economic system. This approach would also render possible the solution of the technical problems in this field. The second part describes several such arrangements that appear practicable. This book will be valuable to both economists and intelligent general public.
Regional Economic Modeling A Systematic Approach To Economic Forecasting And Policy Analysis
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Author : G.I. Treyz
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-11-11
Regional Economic Modeling A Systematic Approach To Economic Forecasting And Policy Analysis written by G.I. Treyz 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 2013-11-11 with Business & Economics categories.
Regional economic models are the key to predicting the effects of transportation, economic development, energy, fiscal and environmental policies. Despite this, the principal regional economic policy analysis model used throughout the United States by government agencies, universities, and the private sector has not been presented in a book until now. The approach to building, understanding and using regional models presented in Regional Economic Models: A Systematic Approach to Forecasting and Policy Analysis is progressive. It begins with the simplest possible models and concludes with a full presentation of the leading model used by policy makers today. The full details are presented along with facilitating software, which is made available so that the reader can build a prototype model for any state or country and can perform policy simulations with full operational models for a sample area. Policy studies are discussed that have been carried out with the model, as well as the range of ways in which policies can be tested through policy simulations. The necessary background is developed for understanding the ways in which models can be used to improve the basis upon which policies are evaluated, as well as the sensitivity of the predicted effects to the model chosen for the analysis. The presentation is multifaceted and includes equations, diagrams and numerical examples. The professional literature is integrated with introductory materials to produce the first comprehensive book on regional modeling that extends from economic base models to modeling advances that are currently being published in economic journals.
Macroeconomic Analysis And Economic Policy Based On Parametric Control
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Author : Abdykappar A. Ashimov
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-11-25
Macroeconomic Analysis And Economic Policy Based On Parametric Control written by Abdykappar A. Ashimov 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 2011-11-25 with Business & Economics categories.
After the transition to free economy, governments of the former Soviet republics realized that in spite of becoming a part of the shaky international economic order, their individual economic success can be assured by rational national economic policies that in addition to the fundamental law of supply and demand govern the economic mechanism sensitive to both external and internal phenomena. Originally published in Russian and now translated in English, this book by Dr. A. Ashimov and his colleagues offers a novel theory providing a numerically-justifiable approach to the solution of major economy control problems that are faced by virtually every government in the world. First, they developed and validated numerous mathematical models describing complex interactions between economic and social factors thus enabling the decision makers to foresee the outcomes of their decisions. Second, on the basis of these models the authors formulated the appropriate control problems that could be interpreted as achieving the transition to the desirable economic regimes and maintaining these regimes in spite of initial conditions and both external and internal perturbations. It should be noted that due to the inherent uncertainty introduced by the use of statistical models, the nonlinearity of the underlying phenomena and the intention to obtain the optimal solutions, the solution process becomes quite intricate and calls for the application of the most sophisticated techniques offered in advanced control theory. The authors utilized the most instrumental statistical model validation techniques; they established sufficient conditions for the existence of optimal solutions of the relevant control problems; and they skillfully combined the applications of the phase space formalism, system stability analysis, and the methods of functional analysis. Finally, they developed algorithms resulting in the optimal problem solutions, thus offering economic policy makers a dependable decision support tool. Macroeconomic Analysis and Economic Policy Based on Parametric Control offers a novel, highly mathematical approach to the solution of very realistic economy control problems. It presents a good example of the application of mathematical modeling, advanced control theory, and model-based decision making that could be adopted by researchers and graduate students specializing in economics, control, and relevant areas of research, addressing their own research problems.