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Updating an input-output table for use in policy analysis AgEcon
Buetre, Benjamin L.; Ahmadi-Esfahani, Fredoun Z..
The long lag in the publication of input–output tables is one of the central constraints in applied general equilibrium analysis. Model builders often use out‐dated databases leading to analyses that are inappropriate for the policy questions being addressed. This occurs particularly when there exists a significant structural change in the economy. We discuss the updating of an input–output table of the Philippines by simulation technique. A detailed computable general equilibrium model of the Philippine economy with comparative static and forecasting capabilities is utilised. The data are drawn from known percentage changes of macroeconomic variables such as those in the national accounts and structural variables such as employment and output by industry.
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy; Research Methods/ Statistical Methods.
Ano: 2000 URL: http://purl.umn.edu/117853
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Estimation of Factor Demand and Substitution in the Australian Pig Industry: A Dual Approach AgEcon
Buetre, Benjamin L.; Ahmadi-Esfahani, Fredoun Z..
This study seeks to estimate the rate by which inputs in Australian pig production are substituted for one another when prices change. It employs a dual approach to response analysis. Using cost shares of inputs and input price indexes for the period 1977-78 to 1990-91, a set of equations derived from a transcendental logarithmic function is estimated with symmetry and homogeneity constraints imposed. The results indicate that, with the exception of the demand for feed which is a vital production input, pig producers are very responsive to own price changes. The estimated elasticities generally differ in magnitude from similar studies of the Australian agricultural sector, and suggest that, at a lower level of aggregation, farmers are more flexible in...
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1993 URL: http://purl.umn.edu/9598
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