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Elements of Parametric Control Theory of Market Economy Development -- Macroeconomic Analysis and Parametric Control of Equilibrium States in National Economic Markets -- Parametric Control of Cyclic Dynamics of Economic Systems -- Parametric Control of Economic Growth of a National Economy...
Persistent link: https://www.econbiz.de/10014552555
It is well established in theory that trade liberalization impacts on productivity through the reallocation of market share to more productive firms. Since more productive firms tend to pay higher wages, the market reallocation effect also increases average wages. In addition to these...
Persistent link: https://www.econbiz.de/10012983117
Validity is a key issue for consumers of computable general equilibrium (CGE) modeling services. What assurance can producers of CGE results give to consumers that a CGE analysis: (i) is computationally sound, (ii) uses accurate up-to-date data, (iii) adequately captures behavioral and...
Persistent link: https://www.econbiz.de/10014025272
This chapter reviews the experience of computable general equilibrium (CGE) models from the perspective of how they have, or have not, influenced public policy in developing countries. The paper describes different classes of empirical models from small, stylized to large, multisectoral applied...
Persistent link: https://www.econbiz.de/10014025286
MONASH models are descended from Johansen's 1960 model of Norway. The first MONASH model was ORANI, used in Australia …
Persistent link: https://www.econbiz.de/10014025289
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In this study, we investigate three trade policy scenarios: i) the revival of multilateralism, ii) plurilateral cooperation, and iii) geopolitical rivalry. In the first scenario, both tariffs and NTMs are reduced on a multilateral basis. In the second scenario, varying groups of countries...
Persistent link: https://www.econbiz.de/10013500687
Part 1: Introduction: CGE and its contribution to the policy debate -- Chapter 1. Introduction/Overview -- Chapter 2. Contribution of CGE modelling in international and national policy debate -- Part 2: Equations and data, and closures for historical, decomposition, baseline and policy...
Persistent link: https://www.econbiz.de/10014333807