applied general equilibrium
Applied General Equilibrium Modelling: Achievement, Failure and Potential
... ABSTRACT Over the last twenty years, applied general equilibrium models AGEMs have provided useful insights on the likely effects of disturbances in one part of the economy on activity i[r] ...
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Three essays on multiregional applied general equilibrium modelling
... Tax rates are calculated by dividing tax revenues (as taken from the benchmark data set) by the model tax base, obtaining an average effective tax rate. For simplicity, in applied general equilibrium ...
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The Effects of Current Fiscal Restraint on the Australian Economy: an Applied General Equilibrium Analysis with Imperfect Competition
... an applied general equilibrium model, which incorporates economies of scale and imperfect ...computable general equilibrium model of the Australian economy, and covers short-run as well ...
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Applied General Equilibrium Modelling and Labour Market Forecasting
... There is a second potentially informative, but less demanding, criterion for evaluating the performance of a system like MONASH. If the model is provided with the actual values of all the exogenous variables (that is, if ...
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Trade liberalization and foreign direct investment: an applied general equilibrium model for Costa Rica
... considering FDI. They do not consider international capital income taxation either. In this paper we quantify the welfare impact of unilateral trade liberalization in a small economy (Costa Rica) once FDI-°ow responses ...
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Solving Applied General Equilibrium Models Represented as a Mixture of Linearized and Levels Equation
... The Stylized Johansen Model (STJ) (Dixon, Parmenter, Powell and Wilcoxen, 1992, Ch. 3) is a teaching device used to introduce students to the most fundamental ideas involved in applied general ...
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Economies of Scale and Imperfect Competition in an Applied General Equilibrium Model of the Australian Economy
... in applied general equilibrium modelling, some applications such as Devarajan and Rodrik (1989 and 1991) seem to confirm the findings of Harris (though see Hertel et ...his general ...
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MIBRA USP, an interregional applied general equilibrium model for the Brazilian economy
... interregional Applied General Equilibrium (AGE) model, MIBRA-USP, constructed for the 16 most important sectors in the economy as well as for the 5 Brazilian macro-regions (North, Northeast, Central ...
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The Contribution of Applied General Equilibrium Analysis to Policy Reform in Australia
... of applied general equilibrium modelling as a tool for policy analysis took time, and involved many ...available. Applied macro modellers and members of the newer school of applied ...
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New directions in applied general equilibrium model calibration
... An applied general equilibrium model can be written as a system of m simultaneous equations in which a vector of parameters, o, and a vector of exogenous variables, w, generate a vector of m ...
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Beyond national economy-wide rebound effects : an applied general equilibrium analysis incorporating international spillover effects
... With any extent of supply constraint, there is upward pressure on capital and labour prices. This is shown in Tables 6 and 7 (declining but still present in the latter). This means that the competitiveness of all sectors ...
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Impacts of External Price Shocks on Malaysian Macro Economy An Applied General Equilibrium Analysis
... A static computable general equilibrium (CGE) model of the Malaysian economy is constructed for this study. The model consists of ten industries, one representative household, three factor production, and ...
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Applied general equilibrium analysis of trade and environmental issues
... Internalisation Impacts with Adaptation Responses % Optimal tax rate on market labour supply Internalisation gain EV as % of GDP Change in labour supplied to the market.. Internalisation[r] ...
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EU Enlargement to the East and its Impact on Non accessing Countries, Applied General Equilibrium Analysis
... In March 1998, the EU formally launched accession negotiations with a number of countries. In this process there is a danger that countries of the new EU will switch to the trade inside the Union and non-accessing ...
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Construction of the database for OMAGE (Oman Applied General Equilibrium) model
... iii. These data were used for the better estimation of wage rates. As will be discussed later, there is one large category in LFS with the wage range of RO 450 and above. Data on the nu[r] ...
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Solving a Large-Scale Intertemporal Applied General Equilibrium Model
... The Johansen or 1-Step Euler Method Euler Multistep Method Euler Method: Pathological Case 3-Step Euler Method: Initial Solution Not Known Exogenous Variables X Held Constant 3-Step Eule[r] ...
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The Mathematical Programming Approach to Applied General Equilibrium Modelling: Notes and Problems
... The equations and inequalities should specify that in 2000, demand will not exceed supply for commodities, labour and the capital stock of each industry; that the prices of commodities a[r] ...
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Valuing Carbon Recycling through Ethanol: Zero Prices for Environmental Goods
... Standard Formulation of the General Equilibrium Consider the standard formulation of the applied general equilibrium model where there exists a numerical set of prices { p, w} where p is[r] ...
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Essays in applied public economics using computable general equilibrium models
... Applied general equilibrium models have been developed to analyse different issues within water management (see Dixon, 1990; Berck et al., 1991; Seung et al., 2000; Diao et al., 2008). Diao and Roe ...
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General Equilibrium Evaluation of Temporary Employment
... Though temporary employment contributes to a small share of the average employment in the U.S. labor market, it is growing exponentially for the last two decades. Temporary employment exhibits strong cyclicality, and ...
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