Showing 1 - 10 of 142
This research develops a theory about the role of within-country income inequality leading to overtaking in economic performance among countries. The theory captures two opposing effects of inequality on factor accumulation and suggests that the qualitative change in their combined effect is a...
Persistent link: https://www.econbiz.de/10005556070
In this paper, we have obtained closed-form solutions in Cass-Koopmans growth models with heterogeneous agents. The relationship between the form of production function and the dynamics of income distribution is made explicit. We then use this relationship to determine what production structure...
Persistent link: https://www.econbiz.de/10005125654
This paper shows the characteristics of the macroeconomic Social Accounting Matrix (SAM) of Tunisia in 1996. It is established that the SAM is one of the data bases of the Computable General Equilibrium (CGE) Models. These last years, the researchers have intensified the use of the SAM within...
Persistent link: https://www.econbiz.de/10005412993
This paper has the aim to present the various methods of balancing applied to the macroeconomic Social Accounting Matrix (macro SAM) of Tunisia during the year 2000. These methods (method of entropy, method of least squares....) were used by the modellers of Computable General Equilibrium (CGE)...
Persistent link: https://www.econbiz.de/10005561507
Through the use of aggregate Social Accounting Matrices for Portugal, the flows of funds from three government subsectors to households will be studied, as well as the flows from the latter to the former. From the SAM modelling, both a static and a comparative static analysis will be made, in...
Persistent link: https://www.econbiz.de/10005125657
In July 2003 a new Road Code was approved by the Italian parliament. Among many reforms whose validity is not questioned here, the new law states that on three-lane motorways the right lane should not be reserved anymore to slow vehicles alone. As in two-lane roads, all vehicles must now drive...
Persistent link: https://www.econbiz.de/10005413007
methods for computing it: historical simulation; the variance-covariance method; and Monte Carlo or stochastic simulation. We …
Persistent link: https://www.econbiz.de/10005413040
We discuss the nonparametric approach to profit efficiency analysis at the firm and industry levels in the absence of complete price information, and propose two new insights. First, choosing one commodity (whose price is known) as a numeraire good enables us to measure profit inefficiency in...
Persistent link: https://www.econbiz.de/10005413294
This memorandum provides a scenario analysis of the likely macroeconomic impacts of a limited foot-and-mouth disease (FMD) outbreak in New Zealand. It is worth stressing at the outset that it is not a forecast, nor a ‘central’ scenario, but an exercise to gauge broad magnitudes and to trace...
Persistent link: https://www.econbiz.de/10005556174
. This approach is compared with several alternative methods using real data. The paper also develops simulation- based …
Persistent link: https://www.econbiz.de/10005556396