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Environment and sustainability are key issues for the policy maker. A policy should be first designed and realistically inserted in his proper context (regional, national, european) in order to be correctly assessed. After that, suitable models need to be choose consistently with the policy...
Persistent link: https://www.econbiz.de/10009385835
In this paper we present a computable general equilibrium model for the region of Sardinia for the purpose of evaluating the capacity of R&D policies to affect the long run rate of growth. The model incorporates induced technical change and allow for external knowledge spillovers. We find that...
Persistent link: https://www.econbiz.de/10005056607
In this paper, we argue against the use the double deflation method to produce an equilibrating system of account at a constant price. In fact, by relaxing such a condition, by means of the single deflation method, we obtain a measure of purchasing power transfer that can be decomposed in...
Persistent link: https://www.econbiz.de/10005687211
Recently, the Social Accounting Matrix (SAM) has been resurrected as a policy analysis tool and, in the last decade, attention has been paid to SAM multipliers, as well as to the use of the SAM as a benchmark for computable general equilibrium models. This paper constructs a SAM for the regional...
Persistent link: https://www.econbiz.de/10005687213