Cavana, Robert Y. - In: Feedback economics : economic modeling with system dynamics, (pp. 545-581). 2021
This chapter revisits the macroeconomic modelling and medium-term scenarios undertaken at the New Zealand (NZ) Planning Council (now disbanded) in the mid 1980s. A system dynamics macroeconomic model (SDMACRO) was developed using the DYNAMO simulation package, to create macroeconomic scenarios...