Título: | A Dynamic CGE Model: An Application of R&D- Based Endogenous Growth Model Theory |
Autores: |
Diao, Xinshen Elbasha, Elamin H. Roe, Terry L. Yeldan, A. Erinc |
Fecha: |
2008-01-14 2008-01-14 1996 |
Publicador: | AgEcon Search |
Fuente: |
Ver documento |
Tipo: | Working or Discussion Paper |
Tema: |
Applied General Equilibrium Trade Growth International Relations/Trade F11 031 041 |
Descripción: | An R&D based endogenous growth - applied general equilibrium model is developed from an underlying analytical model which combines Romer's capital variety with Grossman and Helpman's multi-sector open economy model. The transitional dynamics of the analytical model are derived. For numerical implementation, a time discrete empirical model, with an Armington structure, is fit to East Asian data of the social accounting matrix variety. Simulations of trade reform are performed and their static and dynamic effects compared. The transition paths of the state variables are found to have a half-life of five to six periods. A solution of the Social Planner's problem, and interventions which seek to obtain this outcome from the decentralized model are also obtained'. |
Idioma: |
English en |
1 Lost Directions: U.S. Foreign Assistance Policy Since New Directions por McGuire, Mark F.,Ruttan, Vernon W. | 6 How Fiscal (Mis)-Management May Impede Trade Reform: Lessons From an Intertemporal, Multi-Sector General Equilibrium Model for Turkey por Diao, Xinshen,Roe, Terry L.,Yeldan, A. Erinc |
2 | 7 Efficient choice among domestic and trade policies in the Grossman-Helpman Interest-Group Model por Schleich, Joachim,Orden, David |
3 On the Welfare Consequences of Political Activity por Coggins, Jay S. | 8 Bilateral Harmonization of EC and U.S. Agricultural Policies por Mahe, Louis Pascal,Tavera, Christophe |
4 What Happened to Political Development? por Ruttan, Vernon W. | 9 Economics of Food and Safety: Risk, Information, and the Demand and Supply of Health por Falconi, Cesar,Roe, Terry L. |
5 | 10 Wealth, Weather Risk and the Composition and Profitability of Agricultural Investments por Rosenzweig, Mark R.,Binswanger, Hans P. |