Linked National Models: A Tool For International Food Policy Analysis

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Springer Science & Business Media, Aug 31, 1988 - Business & Economics - 214 pages
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Contents

Need for and Scope of Applied General Equilibrium Models
1
12 The Analytical Capabilities of the Basic Linked System BLS
5
Competing Traditions
7
14 Applied General Equilibrium and Microeconomics
10
15 From Computable to Applied to Empirical General Equilibrium
12
16 Empirical General Equilibrium in Food and Agriculture
13
17 Plan of the Book
14
A Static National AGE Model
15
The Standard National Model Overview of the Structure
71
The National Exchange
74
54 International Exchange
77
55 Dynamic Adjustment Component
79
56 Calculations in the Standard National Model
90
The Standard National Model Empirical Elaboration and Parameter Estimations
93
62 The National Exchange Component
94
63 Dynamic Adjustment Component
97

22 The Scheme of Exposition and the Plan of the Chapter
18
23 The Leontief InputOutput Model
20
24 Computable General Equilibrium CGE Models
21
25 Price Rigidities and Regime Switches
23
26 Markup Trade Activities and Constraints on Activity Levels
26
27 A Simplification to Obtain a Unique Solution for the Linear Program
29
28 Price and Quantity Feedbacks to the Linear Program
32
Private Income Formation Savings Investment and Consumption Expenditure
36
210 Final Demand
43
211 Financial Adjustment
44
212 The Static Model in Overview
47
213 Existence of a Solution
50
International Trade
55
33 Balancing Global Trade Deficit
58
34 Role of an International Agency in the Model
59
36 Variable Returns to Scale of Trading and Production Activities
62
Welfare Analysis
63
42 Welfare Analysis in the AGE Model
66
43 Proof of the Theorem
68
45 Welfare Analysis in the Absence of Compensation
69
Validation of the Models
115
72 Approaches Used in Validating the Basic Linked System
116
73 Tracking Ability Test
118
Properties of the National Models
125
82 A Minimodel Characterization
126
83 Use of the Minimodel in Understanding Supply Behavior in a Policy Scenario
131
84 Commodity Responses Elasticity Matrices
134
BLS as a Policy Analysis Tool Illustrative Results
139
93 Selected Results of a Reference Scenario
146
Agricultural Trade Liberalization by OECD
154
95 Conclusions
160
Future Research Directions
161
103 Conclusion
163
Symbols Used in the Description of the Standard National Model
165
Detailed and Regional Models How They Differ from the Standard National Model
171
Commodity Classifications in the Basic Linked System
175
National and Regional Models in the BLS
181
Elasticity Matrices 1991 and 2000
185
References
211
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