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Author: Lars Bergman
Publisher:
ISBN: 9789172581470
Category : Economic development
Languages : en
Pages : 61
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Book Description
Author: Lars Bergman
Publisher:
ISBN: 9789172581470
Category : Economic development
Languages : en
Pages : 61
Get Book
Book Description
Author: Terry L. Roe
Publisher: Springer Science & Business Media
ISBN: 0387773584
Category : Business & Economics
Languages : en
Pages : 333
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Book Description
The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.
Author: Stephen J. Turnovsky
Publisher: Cambridge University Press
ISBN: 9780521187527
Category : Business & Economics
Languages : en
Pages : 254
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Book Description
Economic growth is an issue of primary concern to policy makers in both developed and developing economies. As a consequence, growth theory has long occupied a central role in economics. In this book, renowned growth theorist Stephen J. Turnovsky investigates the process of economic growth in a small open economy, showing that it is sensitive to the productive structure of the economy. The book comprises three parts, beginning with models where the only intertemporally viable equilibrium is one in which the economy is always on its balanced growth path. Empirical evidence suggests relatively slow speeds of convergence so the second part of the book looks at several alternative ways in which transitional dynamics may be introduced. In the third and final part, the author applies the growth model to the issue of foreign aid, focusing specifically on whether aid should be untied or tied to the accumulation of public capital.
Author: Terry L. Roe
Publisher: Springer
ISBN: 9780387773575
Category : Business & Economics
Languages : en
Pages : 330
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Book Description
The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.
Author: Douglas Hague
Publisher: Springer
ISBN: 1349186244
Category : Business & Economics
Languages : en
Pages : 498
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Book Description
Author: G.M.M. Gelauff
Publisher: Elsevier
ISBN: 1483295559
Category : Business & Economics
Languages : en
Pages : 308
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Book Description
In order to analyze the economic effects of various policy proposals for reforming the welfare state a model has been developed called MIMIC. The structure of this model is presented in the first part of this book. The model combines various modern labour market theories with a detailed description of relevant labour market institutions in an applied general equilibrium context. The second part of the volume contains an elaborate presentation of the simulation results of MIMIC, such as various tax policies, a reduction in benefits or the official minimum wage, individualization of the tax and social security system and the introduction of negative income tax. The model has proved to be a unique instrument for policy evaluation for the Netherlands.
Author: Ronny Norén
Publisher: Springer Science & Business Media
ISBN: 3642349943
Category : Business & Economics
Languages : en
Pages : 148
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Book Description
This book gives the historical development, explanations of technical specifications, and a basic understanding of how to use different equilibrium models in an applied framework. It contains an accessible analytical survey of economic equilibrium models, including multi-sector programming models (linear and quadratic) and the computable general equilibrium (CGE) model. The book introduces the importance of disinvestment, and hence, a model of economic transformation is developed. Finally, the globalisation process of the production system is examined. The equilibrium models in this book are presented in an easy way. Although the book is primarily written for advanced undergraduates and beginning graduates, the reading of the book will appeal to anyone interested in economic theory and applied modelling in the field of economics.
Author: Farzana Naqvi
Publisher: Routledge
ISBN: 0429807694
Category : Social Science
Languages : en
Pages : 290
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Book Description
First Published in 1997, Naqvi provides a sophisticate model of Pakistan’s economy and study of energy pricing issues. For researching these areas , this book focuses on substitution possibilities between different energy products and between energy products and other inputs to production; production functions for the main energy producing and using industries ; the operation of price regulations for energy and other products ; rural-urban migration and income distribution and social welfare.
Author: F.R. Førsund
Publisher: Elsevier
ISBN: 1483297489
Category : Business & Economics
Languages : en
Pages : 354
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Book Description
Professor Leif Johansen's contributions to economic science are well documented in his articles and essays for economic journals, symposium volumes and Festschrifts, all of which are to be published by North-Holland. When initiating the idea of this collection, Professor Dale W. Jorgenson also suggested a memorial volume by associates and others that would include papers devoted to research topics directly inspired by Leif Johansen. In the present volume this idea is realised. Three topics are covered: production theory, multisectoral growth models and planning. The papers presented here were either under work at the time of Leif Johansen's death or prepared especially for this volume.
Author: Manuel Agosin
Publisher: Taylor & Francis
ISBN: 1000983935
Category : Business & Economics
Languages : en
Pages : 326
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Book Description
This book develops a theoretical framework unlike the conventional neoclassical paradigm for the analysis of growth and deploys analytical data to understand the main policy issues affecting developing countries, with particular attention to countries which, after having a spurt of growth, have been unable to maintain the momentum of their economies. One of the guiding ideas of the book is that each one of these countries has its own middle-income trap. The book focuses the discussion on growth and development around the specific characteristics of these countries and the constraints they face to achieve rapid growth. The book offers the building blocks for an integrated approach to development economics from the perspective of developing economies themselves. It looks at real-life constraints to growth and development, such as institutions, access to financing, macroeconomic policies, the role of foreign direct investment, the pros and cons of trade and financial opening to the rest of the world, education and health issues, sustainable development in a world experiencing global warming, productive development policies, income distribution, and poverty. Further, it offers simple growth models that go beyond the conventional neoclassical model to help the reader understand the unique challenges facing developing countries. While recognizing that growth is necessary to achieve development, the book argues that there are other variables that can be just as important to wellbeing and pays close attention to issues such as health, education, and political freedom. The book summarizes the issues that are crucial for countries to be able to accelerate their growth rates and to achieve development and makes a theoretical contribution to the study of economic development, particularly growth models appropriate to middle-income countries. Thus, it will be a useful guide for researchers and academics in the field of development economics and other social sciences dealing with developing countries.
