Data/hora: 05/06/2024 01:15:19

Provedor de dados: | 31
País: | United States
Título: | A Dynamic CGE Model: An Application of R&amp;D- Based Endogenous Growth Model Theory
Autores: | Diao,   Xinshen; Elbasha,   Elamin H.; Roe,   Terry L.; Yeldan,   A. Erinc.
Data: | 2008-01-14
Ano: | 1996
Palavras-chave: | Applied General Equilibrium; Trade; Growth; International Relations/Trade; F11; 031; 041.
Resumo: | An R&amp;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'.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

28077

http://purl.umn.edu/7461

Editor: | AgEcon Search

Relação:

University of Minnesota&gt;Economic Development Center&gt;Bulletins

Bulletin 96-1

Formato:

44

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