We reconsider in this paper the alleged implausibility of Ghosh’s model and we do so reformulating the model to incorporate an alternative closure rule. Our proposed closure rule is in line with the original allocation rules defined by A. Ghosh. The closure solves, to some extent, the...

The Input-Output model has made extensive use of graph and network theory, methods and conclusions, in order to carry out structural analysis; such extensions have yielded powerful insights on the relationships existing between industries in an economic system. It is customary in the field to...

This article deals with the work carried out in Argentine institutions at the level of empirical economywide modeling, particularly in the fields of input-output and computable general equilibrium modeling, pointing out some limitations and proposing possible extensions.

By integrating the fiat money into the structural growth model in [1], this paper presents a dynamic model for the simulation study of interest rate. And the model is illustrated with a numerical example. The equilibria of the numerical example are also computed by the method in [2]. The...

Biproportional methods are used to update matrices: the projection of a matrix Z to give it the column and row sums of another matrix is R Z S, where R and S are diagonal and secure the constraints of the problem (R and S have no signification at all because they are not identified). However,...

PERHAPS, POVERTY AND PLENTY IS THE WORLD'S GREATEST CHALLENGE. THIS STUDY THEREFORE PROPOSE AN APPLIED(COMPUTABLE)GENERAL EQUILIBRIUM APPROACH, THAT IS A RENEW ATTENTION TO THE PROBLEM OF POVERTY , EMPLOYMENT AND INEQUALITY THAT EARLIER STRATEGIES FOCUSING ON RAPID GROWTH WERE UNABLE TO RESOLVE....

Within a general equilibrium framework à la (Long and Plosser, 1983), we investigate the dynamics emerging from the interactions of households and firms that are adaptive price setters and financially constrained. Adaptive price-setting behavior induces micro-founded out-of-equilibrium dynamics...

Abstract This article presents a novel combination of robust optimization developed in mathematical programming, and robust parameter design developed in statistical quality control. Robust parameter design uses metamodels estimated from experiments with both controllable and environmental...

This study builds Cambodia’s social accounting matrix. Using a CGE-based simulation, it then assesses the impacts of Cambodia’s tariff elimination on household welfare and the labour market. Our results show that tariff elimination leads to an expansion in production output and an increase...

El efecto bullwhip es un fenómeno causante de ineficiencias en la gestión de la cadena de suministros. El objetivo del presente artículo es analizar el impacto sobre el rendimiento de una cadena de suministro de dos de las técnicas más comunes de resolución del efecto bullwhip: la regla de...