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Design And Application Of A Structural General Equilibrium Model To Farm Policy Analysis
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Book Synopsis Design and application of a structural general equilibrium model to farm policy analysis by : John B. Penson
Download or read book Design and application of a structural general equilibrium model to farm policy analysis written by John B. Penson and published by . This book was released on 1988 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Manuals for Policy Analysis on the Use of General Equilibrium Models in Agricultural Policy Analysis by :
Download or read book Manuals for Policy Analysis on the Use of General Equilibrium Models in Agricultural Policy Analysis written by and published by IICA. This book was released on with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Applying General Equilibrium by : John B. Shoven
Download or read book Applying General Equilibrium written by John B. Shoven and published by Cambridge University Press. This book was released on 1992-05-29 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to make more widely available a body of recent research activity that has become known as applied general equilibrium analysis. The central idea underlying this work is to convert the Walrasian general equilibrium structure (formalized in the 1950s by Kenneth Arrow, Gerard Debreu and others) from an abstract representation of an economy into realistic models of actual economies. Numerical, empirically based general equilibrium models can then be used to evaluate concrete policy options by specifying production and demand parameters and incorporating data reflective of real economies. Shoven and Whalley describe all aspects of developing applied general equilibrium models, including developing an appropriate equilibrium structure, calibrating the model, compiling counterfactual equilibria, and interpreting results. The authors contend that the Walrasian general equilibrium model provides an ideal framework for appraising the effects of policy changes on resource allocation, assessing who gains and who loses, and the policy impacts not well covered by empirical macro models. The applications in the book illustrate a number of ways in which fresh insights are provided in long standing policy controversies.
Book Synopsis A Standard Computable General Equilibrium (CGE) Model in GAMS by : Hans Lofgren
Download or read book A Standard Computable General Equilibrium (CGE) Model in GAMS written by Hans Lofgren and published by Intl Food Policy Res Inst. This book was released on 2002-01-01 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this manual is to contribute to and facilitate the use of computable general equilibrium (CGE) models in the analysis of issues related to food policy in developing countries. The volume includes a detailed presentation of a static “standard” CGE model and its required database and incorporates features of particular importance in developing countries. The manual discusses the implementation of the model in GAMS and is accompanied by a CD-ROM that includes the GAMS software (free demo system), the GAMS input files for the model, sample databases, simulations, solution reports, and a social accounting matrix (SAM) aggregation program. Although the volume provides a standardized framework for analysis, the analyst is not forced to make “one-size-fits-all” assumptions. The GAMS code is written to give the analyst considerable flexibility in model specification.
Book Synopsis Modeling Farm Decisions For Policy Analysis by : Kenneth H Baum
Download or read book Modeling Farm Decisions For Policy Analysis written by Kenneth H Baum and published by CRC Press. This book was released on 2019-03-08 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomic modeling has been an important tool for agricultural economists for several decades and promises to be important for ad-dressing the research problems of the 1980s as well. This volume explores the possibilities for using micromodeling to analyze how individual farm businesses react to and are affected by farm policies. Although this purpose represents only one potential use of micro-modeling, effective modeling for policy analysis necessitates a broad look from several historical, analytical, and institutional perspectives. The Micromodeling Conference held November 18-20, 1981, at Airlie House, Virginia, under the auspices of the U.S. Department of Agri-culture's Economic Research Service and the Farm Foundation reflected these concerns.
Book Synopsis General Equilibrium Modeling and Economic Policy Analysis by : Lars Bergman
Download or read book General Equilibrium Modeling and Economic Policy Analysis written by Lars Bergman and published by Wiley-Blackwell. This book was released on 1990-01-01 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Multi-regional Dynamic General Equilibrium Modeling of the U.S. Economy by : Glyn Wittwer
Download or read book Multi-regional Dynamic General Equilibrium Modeling of the U.S. Economy written by Glyn Wittwer and published by Springer. This book was released on 2017-07-26 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book details the preparation of USAGE-TERM, a computable general equilibrium model that provides regional economic detail in the USA. The model can represent either congressional district or state level economic activity. The latter may include a top-down representation of county activity. Interest in USAGE-TERM is growing among government departments. It is a practical tool, which may enhance analysis of productivity growth and innovation, adverse events such as drought or civil disruption and the dynamic economic impacts of major projects.Economic analysts and policy makers care about regions. Some regions suffer growing pains, as supporting infrastructure and services struggle to cope with population growth. Soaring house prices and rentals may lower affordability for many. Other regions suffer ongoing decline due to structural change. Regional economic fluctuations are often far more dramatic than national fluctuations.
Book Synopsis Documentation and Use of Dynagem by : Xinshen Diao
Download or read book Documentation and Use of Dynagem written by Xinshen Diao and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Jaime De Melo Publisher :World Scientific Studies in International Economics ISBN 13 :9789814494809 Total Pages :529 pages Book Rating :4.4/5 (948 download)
Book Synopsis Modeling Developing Countries' Policies in General Equilibrium by : Jaime De Melo
Download or read book Modeling Developing Countries' Policies in General Equilibrium written by Jaime De Melo and published by World Scientific Studies in International Economics. This book was released on 2015 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policies affecting resource allocation across tradable sectors and those affecting the incentives to produce tradable activities are key determinants of macroeconomic balance and growth. Computable general equilibrium models have made significant contributions to both types of policies. With advancements in computing power and software, these models have become easy to implement and are now widespread. The question then is when and how to formulate them to avoid the 'black box' syndrome. This book seeks to address these issues through carefully selected essays that analyse how to model general equilibrium linkages in a single economy, across developing and developed economies, and across both micro and macro policies. Micro policies examined include tariffs quotas and VERs, the choice of taxes to maximize government revenue, migration and remittances, and the political economy of tariff setting. Applications on macro policies cover capital inflows, real exchange rate determination, and the modeling of the effects of adjustment policies on income distribution. The book provides insights on the development of a family of models for diverse policy choices, focusing on the ways to model the following: links between tradable and non-tradable activities, labor markets, and portfolio choices given limited capital mobility. Selected essays are all inspired by specific policy problems, including the adaptation to external shocks (i.e. oil), consequences of capital inflows, determinants of migration and associated remittances, the productivity of foreign aid, and rent-seeking activities under trade regimes with non-price trade restrictions. Examples in this book lay out the theoretical foundations, alongside a variety of applications, to help formulate coherent and transparent models for policy analysis. Archetype economies are extensively used to show how differences in economic structure influence the effects of policies. Graduate students and policy analysts interested in modeling will find this a useful compendium of studies.
Book Synopsis A Computable General Equilibrium Model for Development Policy Analysis by : A. Erinc Yeldan
Download or read book A Computable General Equilibrium Model for Development Policy Analysis written by A. Erinc Yeldan and published by . This book was released on 1986 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book WAGEM written by M. H. C. Komen and published by . This book was released on 1996 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis General Equilibrium Impacts in Imperfect Agricultural Markets by : Anubhab Gupta
Download or read book General Equilibrium Impacts in Imperfect Agricultural Markets written by Anubhab Gupta and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: My dissertation evaluates the general equilibrium effects of agricultural market structures by examining how market power and capacity constraints of downstream intermediaries shape the economy-wide impacts of agricultural program interventions. I construct an integrated general equilibrium model of agricultural market structure and calibrate the model using original household-level survey- and industry-data from the Tanzanian cotton industry to estimate the direct and spillover effects of technological improvements in cotton production when the downstream cotton ginners have market power in purchasing cotton from farmers. Chapter 2 of my dissertation reviews the three strands of economic literature into which this work fits and contributes: demand-side constraints in agricultural markets, in particular, limited capacities and imperfect competition among downstream intermediaries, welfare distribution of downstream market structure in agriculture, and general equilibrium effects of policy interventions in local economies. In Chapter 3, I develop the integrated general equilibrium model of market structure by explicitly allowing for intermediary market power and their capacity constraints, and capturing local-economy general equilibrium effects. Chapter 4 presents the original household-level data from the Western Cotton Growing Area of Tanzanian and the ginners’ industry-level data, and explores the existing coalitions of cotton ginners, their contractual agreements with cotton farmers, spatial and temporal dimensions of cotton purchase, and the costs of producing lint. In Chapter 5, I discuss the empirical strategy of econometric estimations of inputs needed to parameterize the integrated model. Using ginners’ cost data on processing inputs, I non-parametrically estimate their market power to be 0.28 in cotton purchase, which is akin to a scenario as if the ginners are playing a three-four firm Cournot game. Chapter 6 presents the direct and indirect (spillover) effects of ginners’ market power, and estimates the income and production impacts of higher cotton productivity experiment with imperfectly competitive ginners and compares that to the synthetic case of perfect competition. I find that the total real income of the Western Cotton Growing Area reduces by 3.1 percent due to ginners’ market power with heterogeneous welfare impacts for the different cotton and non-cotton producing households. The income (inflation-adjusted) gains in the entire local economy are reduced from 5.9 to 2.4 percent due to ginners’ market power upon the 25 percent cotton productivity increase. The direct income increases of technology improvement for the cotton producers are reduced by 2.2 to 5.6 percentage points, and the indirect income increases for the non-cotton producing households are reduced by 0.5 to 0.8 percentage points. The methodology presented in my dissertation applies to both developed and developing country agricultural settings. The findings from this dissertation have important implications for agricultural program evaluations to consider the negative effects of market power and to assess the impacts through a local economy angle. Evaluations based on a partial equilibrium analysis typically overlook the agricultural spillovers. I also highlight the importance of intermediary capacities in agriculture in determining the welfare of upstream farmers and their local economy. When intermediaries operate at their maximum processing capacities, direct welfare gains and income spillovers of technological improvements in agricultural production are unambiguously negative for the farmers, and all the benefits of innovation are transmitted to the intermediaries. A realistic analysis of policies aimed at raising welfare in rural economies must consider effects of market power and downstream capacity constraints. Taking these effects into account opens up new policy considerations and opportunities, including the benefits of laws limiting or proscribing anticompetitive behavior to prevent formation of mergers and coalitions downstream from farms. Introducing interventions to ensure a more elastic demand for farm products when intermediaries are capacity constrained could complement other welfare-enhancing programs that governments undertake in potent and dynamic – yet easily overlooked – ways.
Book Synopsis Applied General Equilibrium Modelling by : Henk Don
Download or read book Applied General Equilibrium Modelling written by Henk Don and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade or so, applied general equilibrium models have rapidly become a major tool for policy advice on issues regarding allocation and efficiency, most notably taxes and tariffs. This reflects the power of the general equilibrium approach to allocative questions and the capability of today's applied models to come up with realistic answers. However, it by no means implies that the theoretical, practical and empirical problems faced by researchers in applied modelling have all been solved in a satisfactory way. Rather, a promising field of research has been opened up, inviting theorists and practitioners to further explore and exploit its potential. The state of the art in applied general equilibrium modelling is reflected in this volume. The introductory Chapter (Part I) evaluates the use of economic modelling to address policy questions, and discusses the advantages and disadvantages of applied general equilibrium models. Three substantive issues are dealt with in Chapters 2-8: Tax Reform and Capital (Part II), Intertemporal Aspects and Expectations (Part III), and Taxes and the Labour Market (Part IV). While all parts contain results relevant for economic policy, it is clear that theory and applications for these areas are in different stages of development. We hope that this book will bring inspiration, insight and information to researchers, students and policy advisors.
Book Synopsis Understanding Risks and Uncertainties in Energy and Climate Policy by : Haris Doukas
Download or read book Understanding Risks and Uncertainties in Energy and Climate Policy written by Haris Doukas and published by Springer. This book was released on 2018-12-10 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyzes and seeks to consolidate the use of robust quantitative tools and qualitative methods for the design and assessment of energy and climate policies. In particular, it examines energy and climate policy performance and associated risks, as well as public acceptance and portfolio analysis in climate policy, and presents methods for evaluating the costs and benefits of flexible policy implementation as well as new framings for business and market actors. In turn, it discusses the development of alternative policy pathways and the identification of optimal switching points, drawing on concrete examples to do so. Lastly, it discusses climate change mitigation policies’ implications for the agricultural, food, building, transportation, service and manufacturing sectors.
Book Synopsis The Application of General Equilibrium Models to Analyze U.S. Agriculture by : Irma Adelmann
Download or read book The Application of General Equilibrium Models to Analyze U.S. Agriculture written by Irma Adelmann and published by . This book was released on 1986 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Environmental Policies and United States Agriculture by : Kathleen Liang
Download or read book Environmental Policies and United States Agriculture written by Kathleen Liang and published by . This book was released on 1996 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Manuals for Policy Analysis on the Use of General Equilibrium Models in Agricultural Policy Analysis by : Iica
Download or read book Manuals for Policy Analysis on the Use of General Equilibrium Models in Agricultural Policy Analysis written by Iica and published by IICA Biblioteca Venezuela. This book was released on with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: