Notes and Problems in Applied General Equilibrium Economics (eBook)
409 Seiten
Elsevier Science (Verlag)
978-0-08-093403-7 (ISBN)
The book is directed at graduate students and professional economists who may have an interest in constructing or applying general equilibrium models. The exercises and readings in the book provide a comprehensive introduction to applied general equilibrium modeling. To enable the reader to acquire hands-on experience with computer implementations of the models which are described in the book, a companion set of diskettes is available.
"e;General-equilibrium"e; refers to an analytical approach which looks at the economy as a complete system of inter-dependent components (industries, households, investors, governments, importers and exporters). "e;Applied"e; means that the primary interest is in systems that can be used to provide quantitative analysis of economic policy problems in particular countries. Reflecting the authors' belief in the models as vehicles for practical policy analysis, a considerable amount of material on data and solution techniques as well as on theoretical structures has been included. The sequence of chapters follows what is seen as the historical development of the subject.The book is directed at graduate students and professional economists who may have an interest in constructing or applying general equilibrium models. The exercises and readings in the book provide a comprehensive introduction to applied general equilibrium modeling. To enable the reader to acquire hands-on experience with computer implementations of the models which are described in the book, a companion set of diskettes is available.
Front Cover 1
Notes and Problems in Applied General Equilibrium Economics 4
Copyright Page 5
Table of Contents 10
Introduction to the Series 6
Preface 8
List of tables 15
List of figures 17
Chapter 1. Introduction 18
1.1 Preamble 18
1.2 Background 18
1.3 Format and Prerequisites 20
1.4 The Companion Diskettes 20
1.5 Goals, Reading Guide and References 21
PROBLEM SET 1: THE IMPLICATIONS OF TECHNICAL CHANGE IN A WINE–CLOTH ECONOMY 24
Chapter 2. Input-Output Data and Input-Output Models 36
2.1 Introduction 36
2.2 Goals, Reading Guide and References 37
PROBLEM SET 2 42
A. INPUT-OUTPUT ACCOUNTING 42
B. INPUT-OUTPUT MODELS 55
C. IMPLEMENTING INPUT-OUTPUT MODELS 71
D. INPUT-OUTPUT MODELS AS COMPUTABLE GENERAL EQUILIBRIUM MODELS 87
Chapter 3. The Johansen Approach 90
3.1 Introduction 90
3.2 Goals, Reading Guide and References 97
PROBLEM SET 3 104
A. A STYLIZED JOHANSEN MODEL 104
B. ELIMINATING JOHANSEN'S LINEARIZATION ERRORS 126
C. ON DERIVING PERCENTAGE-CHANGE FORMS 141
Chapter 4. The Construction of A Model for Practical Policy Analysis 166
4.1 Introduction 166
4.2 Goals, Reading Guide and References 167
4.3 Equations, Variables and Notation for the DMR Model: An Overview 178
4.4 The Input-Output Database 203
PROBLEM SET 4 208
Appendix 4.1 Tabular Listing of the Input-Output Database and Parameter File for the DMR Model 285
Appendix 4.2 Listing of Results from the Simulation in Exercise 4.15 291
Chapter 5. An Introduction to Intertemporal Modeling 294
5.1 Introduction 294
5.2 Goals, Reading Guide and References 295
PROBLEM SET 5 300
A. A SIMPLE INTERTEMPORAL MODEL OF INVESTMENT 300
B. NUMERICAL METHODS 350
C. AN INTERTEMPORAL GENERAL EQUILIBRIUM MODEL 365
Appendix 5.1 The Intertemporal Model: Equations, Variables and Trial Data Set 394
Author Index 402
Subject Index 404
| Erscheint lt. Verlag | 28.6.2014 |
|---|---|
| Sprache | englisch |
| Themenwelt | Mathematik / Informatik ► Informatik ► Datenbanken |
| Wirtschaft ► Allgemeines / Lexika | |
| Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
| Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie | |
| ISBN-10 | 0-08-093403-X / 008093403X |
| ISBN-13 | 978-0-08-093403-7 / 9780080934037 |
| Haben Sie eine Frage zum Produkt? |
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