Equilibrium Models In An Applied Framework Industrial Structure And Transformation
Publisher: Springer-Verlag Berlin and Heidelberg GmbH &
Published: 2013
Language: eng
Number of pages: 136
ISBN-13: 9783642349935
Description: This book gives the historical development, explanations of technical specifications, and a basic understanding of how to use different equilibrium models in an applied framework. It contains an accessible analytical survey of economic equilibrium models, including multi-sector programming models (linear and quadratic) and the computable general equilibrium (CGE) model. The book introduces the importance of disinvestment, and hence, a model of economic transformation is developed. Finally, the globalisation process of the production system is examined.