A popular functional form for modeling the consumption block of a computable general equilibrium model (CGE) is the Linear Expenditure System (LES) for which the Engel curves are straight lines. To allow for more general shapes two other systems have been proposed in recent literature: An...

We give an assessment of the loss in the nominal gross domestic product (GDP) and nominal gross national income (GNI) due to twenty- seven months of intifada. It is based on the modest growth scenario given by the International Monetary Fund (IMF) and the World Bank (WB) in their first...

A popular functional form for modeling the consumption block of a computable general equilibrium model (CGE) is the Linear Expenditure System (LES) for which the Engel curves are straight lines. The LES does not allow for the existence of inferior commodities, elastic demand and for gross...

The correct parameter restrictions- less restrictive than commonly thought-of the indirect addilog system (IAS) are derived. Under correct restrictions, the IAS is superior to the linear expenditure system in computable general equilibrium models with data scarcity.

In applied economic research computable general equilibrium [CGE] models in which the behavior of economic agents are modeled, are widely used. In many CGE models, the Linear Expenditure System [LES] is used to model behavior of the household sector. The disadvantage of LES is that the Engel...

It is generally believed that index decomposition analysis (IDA) and input-output structural decomposition analysis (SDA) (Rose and Casler, 1996; Dietzenbacher and Los, 1998) are different approaches in energy studies; see for instance Ang, Liu and Chung (2004). In this paper it is shown that the...

We propose to estimate the economic cost for Palestine and for Palestinian residents due to the lack of peaceful resolution with Israel. Thereto we make use of the consensus estimates of the International Monetary Fund (IMF) and the World Bank (WB) of real growth rates of economic variables and...

Abstract In De Boer (2006) the additive decomposition of the aggregate change in a variable into its factors was considered. I proposed to use the "ideal" Montgomery decomposition, developed in index number theory, rather than the commonly used methods in structural decomposition analysis and...

We argue in this paper that general ridge (GR) regression implies no major complication compared with simple ridge regression. We introduce a generalization of an explicit GR estimator derived by Hemmerle and by Teekens and de Boer and show that this estimator, which is more conservative,...

Abstract In recent years a large number of empirical articles on structural decomposition analysis, which aims at disentangling an aggregate change into its factors, has been published in Economic Systems Research. Dietzenbacher and Los (D&L) proved that in case of n factors the number of...