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Generalized Spatial Price Equilibrium Model
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Book Synopsis Generalized Spatial Price Equilibrium Model by : Patrick T. Harker
Download or read book Generalized Spatial Price Equilibrium Model written by Patrick T. Harker and published by . This book was released on 1983 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Jeroen C.J.M.van den Bergh Publisher :Springer Science & Business Media ISBN 13 :3642800807 Total Pages :396 pages Book Rating :4.6/5 (428 download)
Book Synopsis Recent Advances in Spatial Equilibrium Modelling by : Jeroen C.J.M.van den Bergh
Download or read book Recent Advances in Spatial Equilibrium Modelling written by Jeroen C.J.M.van den Bergh and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prices and quantities of both stock and flow variables in an economic system are decisively influenced by their spatial coordinates. Any equilibrium state also mirrors the underlying spatial structure and a tatonnement process also incorporates the spatial ramifications of consumer and producer behaviour. The recognition ofthe spatial element in the formation of a general equilibrium in a complex space-economy already dates back to early work of LOsch, Isard and Samuelson, but it reached a stage of maturity thanks to the new inroads made by T. Takayama. This book is devoted to spatial economic equilibrium (SPE) analysis and is meant to pay homage to the founding father of modern spatial economic thinking, Professor Takayama. This book witnesses his great talents in clear and rigorous economic thinking regarding an area where for decades many economists have been groping in the dark. Everybody who wants to study the phenomenon of spatial economic equilibrium will necessarily come across Takayama's work, but this necessity is at the same time a great pleasure. Studying his work means a personal scientific enrichment in a field which is still not completely explored. The present volume brings together recent contributions to spatial equilibrium analysis, written by friends and colleagues of Takayama. The structure of the book is based on four main uses of spatial equilibrium models: (i) the imbedding of spatial flows in the economic environment, related to e.g.
Book Synopsis Prediction of Intercity Freight Flows by : Patrick T. Harker
Download or read book Prediction of Intercity Freight Flows written by Patrick T. Harker and published by . This book was released on 1996 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis New Look at Static Spatial Price Equilibrium Models by :
Download or read book New Look at Static Spatial Price Equilibrium Models written by and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Using a Joint-input, Multi-product Formulation to Improve Spatial Price Equilibrium Models by : Phillip M. Bishop
Download or read book Using a Joint-input, Multi-product Formulation to Improve Spatial Price Equilibrium Models written by Phillip M. Bishop and published by . This book was released on 1994 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Sven Erlander Publisher :Montréal : Centre for Research on Transportation = Centre de recherche sur les transports ISBN 13 : Total Pages :64 pages Book Rating :4.:/5 (186 download)
Book Synopsis Spatial Price Equilibrium and Efficiency by : Sven Erlander
Download or read book Spatial Price Equilibrium and Efficiency written by Sven Erlander and published by Montréal : Centre for Research on Transportation = Centre de recherche sur les transports. This book was released on 1992 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Temporal and Spatial Price Equilibrium Models and Optimal Control Models by : Takashi Takayama
Download or read book Temporal and Spatial Price Equilibrium Models and Optimal Control Models written by Takashi Takayama and published by . This book was released on 1977 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Location of Firms and General Spatial Price Equilibrium by : John M. Hartwick
Download or read book The Location of Firms and General Spatial Price Equilibrium written by John M. Hartwick and published by Kingston, Ont. : Queen's University. This book was released on 1970 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Simulation-based Estimation of Spatial Price Equilibrium Models and Market Integration by : Huseyin Tastan
Download or read book Simulation-based Estimation of Spatial Price Equilibrium Models and Market Integration written by Huseyin Tastan and published by . This book was released on 2003 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keywords: simulation-based estimation, spatial market integration, indirect inference.
Book Synopsis Spatial Price Equilibrium: Advances in Theory, Computation and Application by : Patrick T. Harker
Download or read book Spatial Price Equilibrium: Advances in Theory, Computation and Application written by Patrick T. Harker and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problem of predicting interregional commodity movements and the regional prices of these commodities has intrigued economists, geographers and operations researchers for years. In 1838, A. A. Cournot (1838) discussed the equilibrium of trade between New York and Paris and noted how the equilibrium prices depended upon the transport costs. Enke (1951) recognized that this problem of predicting interregional flows and regional prices could be formulated as a network problem, and in 1952, . Paul Samuelson (1952) used the then recent advances in mathe matical programming to formalize the spatial price equilibrium problem as a nonlinear optimization problem. From this formula tion, Takayama and Judge (1964) derived their quadratic program ming representation of the spatial price equilibrium problem, which they and other scholars then applied to a wide variety of problem contexts. Since these early beginnings, the spatial price equilibrium problem has been widely studied, extended and applied; the paper by Harker (1985) reviews many of these results. In recent years, there has been a growing interest in this problem, as evidenced by the numerous publications listed in Harker (1985). The reasons for this renewed interest are many. First, new applications of this concept have arisen which challenge the theoretical underpinnings of this model. The spatial price equilibrium concept is founded on the assumption of perfect or pure competition. The applications to energy markets, steel markets, etc. have led scholars to rethink the basic structure of this model.
Author :Michael Florian Publisher :Montréal : Dép. de science économique et Centre de recherche en développement économique, Université de Montréal ISBN 13 : Total Pages :29 pages Book Rating :4.:/5 (53 download)
Book Synopsis A New Look at Static Spatial Price Equilibrium Models : Reformulation and Solution Algorithms for the Samuelson, Takamaya-Judge Model and Extensions by : Michael Florian
Download or read book A New Look at Static Spatial Price Equilibrium Models : Reformulation and Solution Algorithms for the Samuelson, Takamaya-Judge Model and Extensions written by Michael Florian and published by Montréal : Dép. de science économique et Centre de recherche en développement économique, Université de Montréal. This book was released on 1981 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Spatial and Temporal Price and Allocation Models by : Takashi Takayama
Download or read book Spatial and Temporal Price and Allocation Models written by Takashi Takayama and published by . This book was released on 1971 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Spatial Equilibrium Model for Imperfectly Competitive Milk Markets by : Tsunemasa Kawaguchi
Download or read book A Spatial Equilibrium Model for Imperfectly Competitive Milk Markets written by Tsunemasa Kawaguchi and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A generalization of Takayama and Judge's spatial equilibrium model that allows for any degree of market structure is presented. The model is applied to the Japanese dairy industry to examine interregional milk movements generated under alternative assumed degrees of market competition. The results indicate that the perfect competition and monopoly equilibrium solutions result in a lower and a higher price, respectively, than actual price levels. On the other hand, the Cournot-Nash equilibrium solutions are the most similar to actual observations, and the actual interregional milk movements are best explained by imperfectly competitive behavior.
Book Synopsis Simulation-Based Estimation of Spatial Price Equilibrium Models and Market Integration by :
Download or read book Simulation-Based Estimation of Spatial Price Equilibrium Models and Market Integration written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation explores the applicability of recently developed simulation-based econometric methods to the analysis of spatial price determination and integration of markets. As such a measure of market integration is developed within the context of well-known point-location competitive price equilibrium model. Two markets are said to be integrated to the extent that an excess demand shock arising in one region is transmitted to the other region. This model imposes the market efficiency (i.e., the law of one price) and explicitly accounts for the nonlinear relationship between prices and underlying variables. A critical distinction from most of the current literature is that market integration is defined and estimated as a degree rather than a binary outcome. Simulation-based estimation approach to spatial market integration can be outlined as follows: summarize the information contained in prices in an auxiliary (reduced) model and match the parameters of the auxiliary model obtained from observed data to the parameters of the same model obtained from simulated data. The particular estimation framework used is known as the extit[indirect inference] methodology. The auxiliary model is chosen as a finite order Gaussian vector auto-regression for prices. The underlying variables, autarky prices and transaction costs, are modelled as low-order vector auto-regression. Transaction costs on each link is modelled as a function of a small number of common factors. After the structural parameter estimates are obtained the measure of market integration is approximated by simple Monte Carlo integration methods. The results from a set of controlled experiments indicate that the estimation strategy works reasonably well. It is also shown that simulation-based estimation methods can be useful for the two-location switching regime models with serially correlated underlying variables.
Book Synopsis Spatial Economics Volume I by : Stefano Colombo
Download or read book Spatial Economics Volume I written by Stefano Colombo and published by Springer Nature. This book was released on 2020-09-23 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Space is a crucial variable in any economic activity. Spatial Economics is the branch of economics that explicitly aims to incorporate the space dimension in the analysis of economic phenomena. From its beginning in the last century, Spatial Economics has contributed to the understanding of the economy by developing plenty of theoretical models as well as econometric techniques having the “space” as a core dimension of the analysis. This edited volume addresses the complex issue of Spatial Economics from a theoretical point of view. This volume is part of a more complex project including another edited volume (Spatial Economics Volume II: Applications) collecting original papers which address Spatial Economics from an applied perspective.
Book Synopsis Spatial Networks in Multi-region Computable General Equilibrium Models by : Hans Löfgren
Download or read book Spatial Networks in Multi-region Computable General Equilibrium Models written by Hans Löfgren and published by . This book was released on 1999 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Using Variational Inequalities to Solve Spatial Price Equilibrium Models with Ad Valorem Tariffs and Activity Analysis by : Charles F. Nicholson
Download or read book Using Variational Inequalities to Solve Spatial Price Equilibrium Models with Ad Valorem Tariffs and Activity Analysis written by Charles F. Nicholson and published by . This book was released on 1994 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: