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The General Equilibrium Model of Papua New Guinea by Berhanu Woldekidan Pdf
General equilibrium model of Papua New Guinea designed to accommodate economic analyses of the consequences of changes in both domestic and international economic conditions. Designed for government and business use. Includes references. The author is a research associate with the National Centre for Development Studies at the Australian National University.
Islands Australia Working paper no. 90/13 of the National Centre for Development Studies. An analysis of the effect of the aid boom on the Papua New Guinean economy. Includes diagrams, tables and a list of the centre's publications relating to Papua New Guinea and the Pacific.
CHINAGEM—A Dynamic General Equilibrium Model of China: Theory, Data and Applications by Xiujian Peng Pdf
This book contains detailed documentation of the CHINAGEM model - a large-scale dynamic computable general equilibrium (CGE) model of China and its applications. Specifically, this book documents the theory and database behind the CHINAGEM model. This book explores the closure development for the four simulation modes of the model including historical, decomposition, forecast and policy simulations, the detailed explanation of how to analyze simulation results, and the extensions of CHINAGEM and their applications. These extensions include several innovative modules and case studies as examples of the application of CHINAGEM. This book provides an entry point for CGE modellers to develop their analytical skills. This book can also be used as a platform for research institutes to develop CGE models suitable for their research portfolio. The module developments included in this book are designed to capture the specific features of the Chinese economy. The applications of these modules chosen in the book cover hot policy issues in China, and the simulation results have valuable policy implications. This book identifies that the CHINAGEM model itself and all the extensions can be used for analysing many new topics and policy issues such as the effects of the USA–China trade war, the effects of Made in China 2025 Plan as well as China’s commitment to the carbon neutrality before 2060 and its economic implications.
General Equilibrium and Game Theory by Andreu Mas-Colell Pdf
Andreu Mas-Colell revolutionized our understanding of competitive markets, price formation, and the behavior of market participants. This volume presents the papers that solidified his standing as one of the preeminent economic theorists of our time. It also is invaluable for anyone wishing to study the craft of a master of economic modeling.
Written by one of the key pioneers in the field, this book offers an accessible introduction to general equilibrium theory. Written for undergraduates taking courses in economic theory and modelling who have limited mathematical proficiency, the book fills a gap between forbidding technical expositions and the less rigorous elementary ones.
Author : John Asafu-Adjaye Publisher : Research School of Pacific Studies Australian National Univ Page : 28 pages File Size : 42,6 Mb Release : 1993 Category : Papua New Guinea ISBN : UCSD:31822021495411
An Analysis of Papua New Guinea's Medium Term Strategy for Sustainable Growth by John Asafu-Adjaye Pdf
Study analysing the 1993 budgetary strategy of the Papua New Guinean government using a statistical model simulation. Examines the possible impact of a strategy designed to combat structural problems in the Papua New Guinea economy. The author is a lecturer in environmental economics at the University of Queensland.
Sustainability in the Twenty-First Century by Mohan Munasinghe Pdf
Provides a rigorous analysis of sustainable development that includes practical, policy-relevant, global case studies, explained concisely and clearly.
Model Building in Economics by Lawrence A. Boland Pdf
Concern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations.
Institutional Economics and Fisheries Management by Elizabeth H. Petersen Pdf
'The litany of world fishery failures shows that reform of fisheries governance and institutions is essential. The valuable insights and applications in this book will be enormously useful for fishery regulators as they try to sustainably and profitably manage fish stocks, especially highly migratory species such as tuna.'- Quentin Grafton, Australian National UniversityElizabeth H. Petersen argues that economists and other social scientists are increasingly focusing their attention towards institutions (defined as humanly-devised rules) as critical determinants of economic, social and politic.
Effects of COVID-19 and other shocks on Papua New Guinea’s food economy: A multi-market simulation analysis by Diao, Xinshen,Dorosh, Paul A.,Fang, Peixun,Schmidt, Emily Pdf
Understanding how the Papua New Guinea (PNG) agricultural economy and associated household consumption is affected by climate, market and other shocks requires attention to linkages and substitution effects across various products and the markets in which they are traded. In this study, we use a multi-market simulation model of the PNG food economy that explicitly includes production, consumption, external trade and prices of key agricultural commodities to quantify the likely impacts of a set of potential shocks on household welfare and food security in PNG. In this study, we use a multi-market simulation model of the PNG food economy that explicitly includes production, consumption, external trade and prices of key agricultural commodities to quantify the likely impacts of a set of potential shocks on household welfare and food security in PNG. We have built the model to be flexible in order to explore different potential scenarios and then identify where and how households are most affected by an unexpected shock. The model is designed using region and country-level data sources that inform the structure of the PNG food economy, allowing for a data-driven evaluation of potential impacts on agricultural production, food prices, and food consumption. Thus, as PNG confronts different unexpected challenges within its agricultural economy, the model presented in this paper can be adapted to evaluate the potential impact and necessary response by geographic region of an unexpected economic shock on the food economy of the country. We present ten simulations modeling the effects of various shocks on PNG’s economy. The first group of scenarios consider the effects of shocks to production of specific agricultural commodities including: 1) a decrease on maize and sorghum output due to Fall Armyworm; 2) reduction in pig production due to a potential outbreak of African Swine Fever; 3) decline in sweet potato production similar to the 2015/16 El Niño Southern Oscillation (ENSO) climate shock; and 4) a decline in poultry production due to COVID-19 restrictions on domestic mobility and trade. A synopsis of this report, which focuses on the COVID-19 related shocks on the PNG economy is also available online (Diao et al., 2020).1 The second group of simulations focus on COVID-19-related changes in international prices, increased marketing costs in international and domestic trade, and reductions in urban incomes. We simulate a 1) 30 percent increase in the price of imported rice, 2) a 30 percent decrease in world prices for major PNG agricultural exports, 3) higher trade transaction costs due to restrictions on the movement of people (traders) and goods given social distancing measures of COVID-19, and 4) potential economic recession causing urban household income to fall by 10 percent. Finally, the last simulation considers the combined effect of all COVID-19 related shocks combining the above scenarios into a single simulation. A key result of the analysis is that urban households, especially the urban poor, are particularly vulnerable to shocks related to the Covid-19 pandemic. Lower economic activity in urban areas (assumed to reduce urban non-agricultural incomes by 10 percent), increases in marketing costs due to domestic trade disruptions, and 30 percent higher imported rice prices combine to lower urban incomes by almost 15 percent for both poor and non-poor urban households. Urban poor households, however, suffer the largest drop in calorie consumption - 19.8 percent, compared to a 15.8 percent decline for urban non-poor households. Rural households are much less affected by the Covid-19 related shocks modeled in these simulations. Rural household incomes, affected mainly by reduced urban demand and market disruptions, fall by only about four percent. Nonetheless, calorie consumption for the rural poor and non-poor falls by 5.5 and 4.2 percent, respectively.
Applied General Equilibrium by John Piggott,John Whalley Pdf
Over the last 20 years, applied general equilibrium (AGE) modelling has developed from a small academic research program into a routinely used policy assessment tool. Major governments and international agencies maintain AGE research groups, and call for their input to a variety of trade, tax, and other resource allocation issues. This book is a collection of papers representative of recent activity in this field. Contributions have been grouped into a methodological section, a trade section, and a section on energy issues, and this division accurately indicates the focus of the volume. Readers will thus have access to up to date techniques and results currently being used by researchers at the forefront of the research program.
Author : Howard White,Joke Luttik Publisher : World Bank Publications Page : 140 pages File Size : 43,6 Mb Release : 1994 Category : Ayuda al desarrollo ISBN : 8210379456XXX
