A general equilibrium framework for the divvy economy
نویسندگان
چکیده
منابع مشابه
WAYANG: a general equilibrium model adapted for the Indonesian economy
This paper is an adaptation to the WAYANG model of Indonesia of the ORANIG course paper authored by Horridge, Parmenter and Pearson. WAYANG is based partly on an earlier version of WAYANG documented by Peter Warr and associates, and uses the database devised by them, and partly on ORANI-G. The description of the model's equations and database is closely integrated with an explanation of how the...
متن کاملestimation of the equilibrium rate of interest in iranian economy: a general equilibrium approach
using the quarterly data of 1990:1 to 2008:1 and in a general equilibrium approach, we investigate the long run equilibrium path of the equilibrium interest rate as well as the potential output. we implement a structural reduced form of a general equilibrium model consistent with iran’s economy and estimate the unobservable variables by employing the kalman filtering technique. a exponential ut...
متن کاملThe Effects of Energy Efficiency Improvements in the Electricity Sector on the Iranian Economy: A Computable General Equilibrium Approach
Improving energy efficiency is one of the most important energy policies in many countries. This study mainly focused on the economic and environmental effects of energy efficiency improvements in Iran’s electricity sector on Iran’s economy using a computable general equilibrium framework. Furthermore, the potential benefits of carbon reduction were explored. The results showed that the most si...
متن کاملA General Equilibrium Model of the Lao Economy
This paper describes LaoGEM (Lao General Equilibrium Model), a 20 sector, 400 household general equilibrium model of the Lao economy, constructed specifically for the analysis of the effect of road improvement on rural poverty incidence in Laos. Unless otherwise stated, the database of the model refers to the year 2002. These features are relatively standard for comparative static general equil...
متن کاملA General Equilibrium Model of the Three - Sector Competitive Economy
The presence of externality, indivisibility, and uncertainty destroys the market's ability to coordinate production. Entrepreneurs rise to organize production by assuming a part of the allocative role traditionally reserved exclusively to the market. Assume that there are three classes of entrepreneurs: profit-oriented, nonprofit oriented and public entrepreneurs. These entrepreneurs cooperate ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 1977
ISSN: 0022-0531
DOI: 10.1016/0022-0531(77)90147-8