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Baseline assumptions play a crucial role in conducting consistent quantitative policy assessments for dynamic Computable General Equilibrium (CGE) models. Two essential factors that influence the determination of the baselines are the data sources of projections and the applied calibration...
Persistent link: https://www.econbiz.de/10015193609
This paper considers pure strategy Nash equilibria of non-cooperative legislative bargaining models. In contrast to existing legislative bargaining models, we derive legislators behavior from stochastic utility maximization. This approach allows us to prove the existence of a stationary Pure...
Persistent link: https://www.econbiz.de/10015205196
Der steile Anstieg der Nahrungsmittelpreise hat zu einer allgemeinen Verunsicherung geführt. Nach Ansicht von Joachim von Braun, International Food Policy Research Institute, Washington, können die Lebensmittelpreise langfristig nur durch eine Steigerung der Produktion stabilisiert werden. Vor...
Persistent link: https://www.econbiz.de/10011692787
There is a broad agreement that sustainable and pro-poor growth is the only successful strategy to reduce poverty. However, putting Pro-Poor-Growth (PPG) into operation is a complex task. A prominent debate concerns the relative importance of agriculture versus non-agricultural sectors in...
Persistent link: https://www.econbiz.de/10011760299
Persistent link: https://www.econbiz.de/10015079276
This paper considers pure strategy Nash equilibria of non-cooperative legislative bargaining models. In contrast to existing legislative bargaining models, we derive legislators behavior from stochastic utility maximization. This approach allows us to prove the existence of a stationary Pure...
Persistent link: https://www.econbiz.de/10015400882
Few policies have been as heavily criticised as European agricultural policy. Consequently, since its establishment in 1962, it has been in a continuous process of reform, encompassing six major reforms in the last 30 years alone. The central question arises: What is the logic behind the endless...
Persistent link: https://www.econbiz.de/10014545938