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A general equilibrium framework is developed for analyzing the role of immobile factors of production which produce inputs for other sectors.
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This paper reports on a sixteen-sector five asset general equilibrium tax model of the UK economy benchmarked to the 1995 data set received from the Inland Revenue. We use this model to access the impacts o capital income taxes, labour income taxes, indirect taxes, and tariffs.
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ILO pub-WEP pub-PREALC pub. Working paper describing the development of a general economic equilibrium basic needs econometric model using as a base the 1975 national accounting matrix of Ecuador - covers production factors, income distribution, savings, investment, trade, etc.; presents a...
Persistent link: https://www.econbiz.de/10010966109
The paper presents a brief review of spatial economy models known since the beginning of the XX century with special focus on the models offered by Prof. Granberg and further applied by the IEIE SB RAS for more than 40 years. Here we show what is supposed to be modified in these models for the...
Persistent link: https://www.econbiz.de/10010860970
Many regions, e.g. countries, have developed energy-economy models (such as MARKAL-MACRO, MM) to assess their energy policies, in particular concerning the curbing of their carbon dioxide CO<SUB align="right"><SMALL>2</SMALL></SUB>) emissions. To integrate regional MM models, we propose a multiregional MARKAL-MACRO (mMM) model. It...</small></sub>
Persistent link: https://www.econbiz.de/10011015166
In this paper, we develop an economic growth model taking into account two factors of production: fixed capital and labor force, to study the dynamics of GDP growth. The dependence of the output of these factors is described by a production function of the exponential type. Within the framework...
Persistent link: https://www.econbiz.de/10011247033