Pearson / Parmenter / Powell Notes and Problems in Applied General Equilibrium Economics

1. Auflage 2014
ISBN: 978-0-08-093403-7
Verlag: Elsevier Science & Techn.
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, Band Volume 32, 409 Seiten, Web PDF

Reihe: Advanced Textbooks in Economics

'General-equilibrium' 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). 'Applied' 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.

Autoren/Hrsg.

Pearson, K. R.

Parmenter, B. R.

Powell, A. A.

Wilcoxen, P. J.

Dixon, P. B.

Inhaltsverzeichnis

1;Front Cover;1
2;Notes and Problems in Applied General Equilibrium Economics;4
3;Copyright Page;5
4;Table of Contents;10
5;Introduction to the Series;6
6;Preface;8
7;List of tables;15
8;List of figures;17
9;Chapter 1. Introduction;18
9.1;1.1 Preamble;18
9.2;1.2 Background;18
9.3;1.3 Format and Prerequisites;20
9.4;1.4 The Companion Diskettes;20
9.5;1.5 Goals, Reading Guide and References;21
9.6;PROBLEM SET 1: THE IMPLICATIONS OF TECHNICAL CHANGE IN A WINE–CLOTH ECONOMY;24
10;Chapter 2. Input-Output Data and Input-Output Models;36
10.1;2.1 Introduction;36
10.2;2.2 Goals, Reading Guide and References;37
10.3;PROBLEM SET 2;42
10.3.1;A. INPUT-OUTPUT ACCOUNTING;42
10.3.2;B. INPUT-OUTPUT MODELS;55
10.3.3;C. IMPLEMENTING INPUT-OUTPUT MODELS;71
10.3.4;D. INPUT-OUTPUT MODELS AS COMPUTABLE GENERAL EQUILIBRIUM MODELS;87
11;Chapter 3. The Johansen Approach;90
11.1;3.1 Introduction;90
11.2;3.2 Goals, Reading Guide and References;97
11.3;PROBLEM SET 3;104
11.3.1;A. A STYLIZED JOHANSEN MODEL;104
11.3.2;B. ELIMINATING JOHANSEN'S LINEARIZATION ERRORS;126
11.3.3;C. ON DERIVING PERCENTAGE-CHANGE FORMS;141
12;Chapter 4. The Construction of A Model for Practical Policy Analysis;166
12.1;4.1 Introduction;166
12.2;4.2 Goals, Reading Guide and References;167
12.3;4.3 Equations, Variables and Notation for the DMR Model: An Overview;178
12.4;4.4 The Input-Output Database;203
12.5;PROBLEM SET 4;208
12.6;Appendix 4.1 Tabular Listing of the Input-Output Database and Parameter File for the DMR Model;285
12.7;Appendix 4.2 Listing of Results from the Simulation in Exercise 4.15;291
13;Chapter 5. An Introduction to Intertemporal Modeling;294
13.1;5.1 Introduction;294
13.2;5.2 Goals, Reading Guide and References;295
13.3;PROBLEM SET 5;300
13.3.1;A. A SIMPLE INTERTEMPORAL MODEL OF INVESTMENT;300
13.3.2;B. NUMERICAL METHODS;350
13.3.3;C. AN INTERTEMPORAL GENERAL EQUILIBRIUM MODEL;365
13.4;Appendix 5.1 The Intertemporal Model: Equations, Variables and Trial Data Set;394
14;Author Index;402
15;Subject Index;404