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Applied Political Economic Modelling
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Book Synopsis Applied Political Economic Modelling by : Paul S.A. Renaud
Download or read book Applied Political Economic Modelling written by Paul S.A. Renaud and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: project was the development and application of a model of central and local government behavior. It was carried out in collaboration with the Dutch Department of Home Affairs, during the period September 1985 - April 1987. The project's aim was the study of the determinants of local government decisionmaking in the Netherlands and the implications of so-called intergovernmental relations for local government behavior. During that project I was assisted by Sander Helder and Marc Tigche1aar. The results of that project appeared in a book, co-authored by Frans van Winden, entitled Gemeentefinancien en Gedecentra1iseerde. Bes1uitvorming(Loca1 Public Finance and Decentralized Decisionmaking). This book is, for the time being, the end product of my research on government behavior. Much more research is needed on the study of government behavior and the application of models which, from an economic point of view, focus on the implications of the interaction between economics and politics. The knowledge of this process is not only interesting as such, but also from a practical point of view. without a good positive analysis of the behavior of the government in modern industrialized economies it is neither possible to see through its operations nor to use its policies as an effective instrument in the pursuit of economic targets.
Book Synopsis Economic Models for Policy Making by : Solomon Cohen
Download or read book Economic Models for Policy Making written by Solomon Cohen and published by Routledge. This book was released on 2013-05-02 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decades, many different kinds of models have been developed that have been of use to policy makers, but until now the different approaches have not been brought together with a view to enhancing the systematic unification and evaluation of these models. This new volume aims to fill this gap by bringing together four decades’ worth of work by S. I. Cohen on economic modelling for policy making. Work on older models has been rewritten and brought fully up to date, and these older models have therefore been brought back to the fore, both to assess how they influenced more recent models and to see how they could be used today. The focus of the book is on models for development policies in developing economies, but there are some chapters that relate to economic policies in transition and developed economies. The policy areas covered are of typical interest in developing and transition economies. They include those relating to trade liberalization reforms, sustainable development, industrial development, agrarian reform, growth and distribution, human resource development and education, public goods and income transfers. Each chapter contains a brief assessment of the empirical literature on the economic effects of the policy measures discussed in the chapter. The book presents a platform of economic modelling that can serve as a refresher for practising professionals, as well as a reference companion for graduates engaging in economic modelling and policy preparations.
Book Synopsis Analytical Political Economy by : Roberto Veneziani
Download or read book Analytical Political Economy written by Roberto Veneziani and published by John Wiley & Sons. This book was released on 2018-06-11 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering a unique picture of recent developments in a range of non-conventional theoretical approaches in economics, this book introduces readers to the study of Analytical Political Economy and the changes within the subject. Includes a wide range of topics and theoretical approaches that are critically and thoroughly reviewed Contributions within the book are written according to the highest standards of rigor and clarity that characterize academic work Provides comprehensive and well-organized surveys of cutting-edge empirical and theoretical work covering an exceptionally wide range of areas and fields Topics include macroeconomic theories of growth and distribution; agent-based and stock-flow consistent models; financialization and Marxian price and value theory Investigates exploitation theory; trade theory; the role of expectations and ‘animal spirits’ on macroeconomic performance as well as empirical research in Marxian economics
Book Synopsis Modeling Politics with Economic Tools by : Mr.Jan-Peter Olters
Download or read book Modeling Politics with Economic Tools written by Mr.Jan-Peter Olters and published by International Monetary Fund. This book was released on 2001-01-01 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whereas the economics discipline possesses a highly refined theoretical apparatus to analyze the effects of government behaviour on the economy, it has not (yet) managed to fully develop a positively formulated "economic theory of politics" that would permit the integration of the decision-making processes of voters, parties and governments with those of consumers and firms. Considerable recent advances notwithstanding, the large and heterogeneous body of literature has (so far) remained outside the economic mainstrain. The paper surveys the main approaches used to endogenize democratic elements and assesses the underlying reasons for researchers' renewed interest in this field.
Book Synopsis Models of Imperfect Information in Politics by : R. Calvert
Download or read book Models of Imperfect Information in Politics written by R. Calvert and published by Taylor & Francis. This book was released on 2013-06-17 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Surveys the models of political phenomena that incorporate imperfect information, concentrating on 'full-rationality' approaches as opposed to bounded rationality models.
Book Synopsis Political Economy and Policy Analysis by : Antonio Merlo
Download or read book Political Economy and Policy Analysis written by Antonio Merlo and published by Routledge. This book was released on 2018-11-14 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as inconsequential in understanding what goes on in an economy. Such attempts are misguided, and this book shows how governments and political institutions are composed of people who respond to incentives and whose behavior and choices can be studied through the lens of economics. This book aims to bridge the gap between economics and politics, and in doing so hopes to instill in the reader a deeper appreciation for social scientific thinking. Opening with a refresher on microeconomics and an introduction to the toolkit of political economy, it ensures that the necessary building blocks are in place before building up from the level of the individual and the firm to show how a political–economic equilibrium can be achieved. The text explores how to separate primitives—the external parts of a model that we cannot affect—from outcomes—the internal parts of a model that we can. Moreover, it demonstrates that economic and political issues alike can be studied within the same general framework of analysis. Political Economy and Policy Analysis offers readers the chance to gain a more sophisticated understanding of political processes, economic processes, and the interplay among them. Adopting an applied microeconomics approach, it will be ideal for upper-level undergraduate or postgraduate courses on political economy, public choice, or policy analysis. A complementary workbook with exercises and solutions that accompanies Political Economy and Policy Analysis is available for download under the eResources tab at: https://www.routledge.com/Political-Economy-and-Policy-Analysis/Merlo/p/book/9781138591783.
Book Synopsis Development Policies and Policy Processes in Africa by : Christian Henning
Download or read book Development Policies and Policy Processes in Africa written by Christian Henning and published by Springer. This book was released on 2017-10-05 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. The book examines the methodological challenges in analyzing the effectiveness of development policies. It presents a selection of tools and methodologies that can help tackle the complexities of which policies work best and why, and how they can be implemented effectively given the political and economic framework conditions of a country. The contributions in this book offer a continuation of the ongoing evidence-based debate on the role of agriculture and participatory policy processes in reducing poverty. They develop and apply quantitative political economy approaches by integrating quantitative models of political decision-making into existing economic modeling tools, allowing a more comprehensive growth-poverty analysis. The book addresses not only scholars who use quantitative policy modeling and evaluation techniques in their empirical or theoretical research, but also technical experts, including policy makers and analysts from stakeholder organizations, involved in formulating and implementing policies to reduce poverty and to increase economic and social well-being in African countries.
Book Synopsis The Macroeconomics of Corruption by : Maksym Ivanyna
Download or read book The Macroeconomics of Corruption written by Maksym Ivanyna and published by Springer Nature. This book was released on 2021-04-20 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy. It merges macroeconomic growth models with elements of political economic theory to address important applied topics such as income inequality within and across countries, growth slowdowns, and fiscal crises. Revised and updated to include new research findings and recent policy discussions, the second edition contains 15 new sections and 2 new chapters on topics such as public defaults, the wage elasticity of work and the interest elasticity of saving, and the economic and fiscal impact of the 2020 pandemic. Most of the basic ideas are illustrated using a two-period model of government investment that captures the future cost of policies that favor the present. The more subtle and advanced issues are illustrated and, in some cases, quantified, using the overlapping-generations model of economic growth. The models used to illustrate the mechanisms of economic growth are extended to incorporate politics and the behavior of public official. The text concludes with a thorough discussion of policy reforms designed to address the issues discussed in earlier chapters. Intended for students familiar with intermediate-level economics, the second edition contains a technical appendix, expanded end-of-chapter questions and problems, and a complete solutions manual. The second edition also offers updated resources for instructors, including sample syllabi and over 550 multiple choice questions. Offering a unified explanation for the causes and consequences of government failure, fiscal crisis, and needed policy reforms, this text is appropriate for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy.
Book Synopsis Models of Imperfect Information in Politics by : Randall L. Calvert
Download or read book Models of Imperfect Information in Politics written by Randall L. Calvert and published by Taylor & Francis. This book was released on 2001 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Surveys the models of political phenomena that incorporate imperfect information, concentrating on 'full-rationality' approaches as opposed to bounded rationality models.
Book Synopsis Modern Political Economy by : Bruno S. Frey
Download or read book Modern Political Economy written by Bruno S. Frey and published by New York : Wiley. This book was released on 1978 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Applied Economic Analysis of Information and Risk by : Moriki Hosoe
Download or read book Applied Economic Analysis of Information and Risk written by Moriki Hosoe and published by Springer Nature. This book was released on 2020-03-25 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines interesting new topics in applied economics from the perspectives of the economics of information and risk, two fields of economics that address the consequences of asymmetric information, environmental risk and uncertainty for the nature and efficiency of interactions between individuals and organizations. In the economics of information, the essential task is to examine the condition of asymmetric information under which the information gap is exploited. For the economics of risk, it is important to investigate types of behavior including risk aversion, risk sharing, and risk prevention, and to reexamine the classical expected utility approach and the relationships among several types of the changes in risk. Few books have ever analyzed topics in applied economics with regard to information and risk. This book provides a comprehensive collection of applied analyses, while also revisiting certain basic concepts in the economics of information and risk. The book consists of two parts. In Part I, several aspects of applied economics are investigated, including public policy, labor economics, and political economics, from the standpoint of the economics of (asymmetric) information. First, several basic frameworks of the incentive mechanism with regard to transaction-specific investment are assessed, then various tools for market design and organization design are explored. In Part II, mathematical measures of risk and risk aversion are examined in more detail, and readers are introduced to stochastic selection rules governing choice behavior under uncertainty. Several types of change in the random variable for the cumulative distribution function (CDF) and probability distribution function (PDF) are discussed. In closing, the part investigates the comparative static results of these changes in CDF or PDF on the general decision model, incorporating uncertain situations in applied economics.
Book Synopsis Competition in the Open Economy by : Richard E. Caves
Download or read book Competition in the Open Economy written by Richard E. Caves and published by Harvard University Press. This book was released on 1980 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the nations of the world becoming more interdependent, it is imperative to take international influences into account in understanding the organization of industry within a country. This book extends the structure/conduct/performance framework of analysis to present a fully specified simultaneous equation model of an open economy--Canada. By estimating a system of equations of all the major variables, the authors can identify which variables are dependent and which are independent. They are thus able to assess the relative importance of such factors as seller concentration, import competition, retailing structure, advertising expenditure, research and development spending, and technical and allocative efficiency in shaping the organization of industry in Canada. In addition, using both industry-level and firm-level data, the authors develop methods for assessing the effect of structural variables on diversification strategies and the consequences for market performance. They also study the effects of such variables on firms' access to capital markets. The book concludes with a discussion of the implications of the findings for government policy.
Book Synopsis Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics by : Larsen, Torben
Download or read book Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics written by Larsen, Torben and published by IGI Global. This book was released on 2021-05-21 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Psychological and ecological research has eroded the foundation of mainstream economics, and a new approach is needed rather than an adaptation of existing theory. The most promising new approach is doughnut economics (DE), version 2.0 of the discipline of economics for the 21st century that presents economics as an embedded discipline between the social foundation and the ecosystem with a focus on the disciplinary boundaries. The study of neuroeconomics, such as doughnut economics, still holds a gap between “laboratory” findings on homo neuroeconomics and the issues in contemporary behavioral economics. To understand a positivist application of doughnut economics within the new economic frameworks of the 21st century, further research must be discussed. Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics follows the economic history from the Stone Age to that of the modern creative man and then provides a specific focus on doughnut economics and 21st century neuroeconomics. This new type of behavioral economics will be linked to neuroeconomic psychology and behavioral science with a focus in areas such as cognitive training, economic ecology, the new welfare economy, and globalized markets. This book is ideal for health economists, economists, leaders in politics and business, psychologists, economic theorists, practitioners, researchers, academicians, and students interested in doughnut economics and the psychology behind it.
Book Synopsis Economic Models and Methodology by : Randall G. Holcombe
Download or read book Economic Models and Methodology written by Randall G. Holcombe and published by Praeger. This book was released on 1989-09-26 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world is too complex for anyone to ever hope to understand all of its interrelationships simultaneously. Yet small aspects of the world we live in can be represented by comprehensible models. This is why economists use models in their analysis and research. In Economic Models and Methodology, Holcombe examines the way in which models are used in economics, and makes specific methodological recommendations more restrictive than the methodological doctrine of pluralism. Holcombe's book is not an encyclopedia of methodology, but rather an analysis of mainstream methodology, and an examination of the use of models in economics. Holcombe examines the role of assumptions in models, the use of empirical models in economics, and specific applications of models in both macroeconomics and microeconomics.
Book Synopsis The Encyclopedia of Public Choice by : Charles Rowley
Download or read book The Encyclopedia of Public Choice written by Charles Rowley and published by Springer Science & Business Media. This book was released on 2004-07-06 with total page 1142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Encyclopedia provides a detailed and comprehensive account of the subject known as public choice. However, the title would not convey suf- ciently the breadth of the Encyclopedia’s contents which can be summarized better as the fruitful interchange of economics, political science and moral philosophy on the basis of an image of man as a purposive and responsible actor who pursues his own objectives as efficiently as possible. This fruitful interchange between the fields outlined above existed during the late eighteenth century during the brief period of the Scottish Enlightenment when such great scholars as David Hume, Adam Ferguson and Adam Smith contributed to all these fields, and more. However, as intell- tual specialization gradually replaced broad-based scholarship from the m- nineteenth century onwards, it became increasingly rare to find a scholar making major contributions to more than one. Once Alfred Marshall defined economics in neoclassical terms, as a n- row positive discipline, the link between economics, political science and moral philosophy was all but severed and economists redefined their role into that of ‘the humble dentist’ providing technical economic information as inputs to improve the performance of impartial, benevolent and omniscient governments in their attempts to promote the public interest. This indeed was the dominant view within an economics profession that had become besotted by the economics of John Maynard Keynes and Paul Samuelson immediately following the end of the Second World War.
Book Synopsis Essays on endogenous economic policy by : Isidoro Adolfo Mazza
Download or read book Essays on endogenous economic policy written by Isidoro Adolfo Mazza and published by Rozenberg Publishers. This book was released on 2009 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The National System of Political Economy by : Friedrich List
Download or read book The National System of Political Economy written by Friedrich List and published by . This book was released on 1916 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
