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A Computable Equilibrium Model for the Study of Political Economy AgEcon
Freeman, John R..
Despite much hard work in recent years, economics and political science remain largely separate disciplines. Few meaningful bridges have been build between them, and hence useful gains from intellectual trade between the two have not been realized. Some of the most recent efforts to construct such a bridge are critically evaluated. It is shown that this literature suffers from a lack of theoretical balance between economic and political theory; unrealistic, temporally aggregated conceptions of political-economic equilibrium; failure to incorporate theoretically meaningful stochastic elements of economic and political processes; and the absence of a coherent methodology for gauging the empirical power of political-economic models. In the spirit of the AJPS...
Tipo: Working or Discussion Paper Palavras-chave: Political Economy.
Ano: 1996 URL: http://purl.umn.edu/7484
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