This paper uses a Computable General Equilibrium (CGE) model to simulate the short-run effects of alternative food- subsidy scenarios. Savings from reduced subsidy spending are used to reduce direct taxes uniformly for all household types. The model uses a 1996/97 database with detailed...

The Heckscher-Ohlin-Samuelson (HOS) model in international trade theory provides a powerful general-equilibrium paradigm for analyzing the impact of changes in trade on factor returns. In the HOS model, factor returns are determined solely by commodity prices, which are determined on large world...

The paper presents a "Watershed Computable General Equilibrium (CGE) Model "for the Olifants River Catchment." A CGE provides an appropriate framework in which to explore policy alternatives for achieving more efficient water and land use.

Recent attempts to quantify the sources of growth in Chinese agriculture have attributed an exceptionally large share of this growth to the contemporary institutional and market reforms within China. To analyze this important issue we use a newly constructed panel data set that includes an...

En el presente trabajo se propone una estrategia de valoración a nivel global de los modelos obtenidos en economía mediante los modelos de ecuaciones estructurales simultáneas. Se proponen múltiples criterios debido a que la evaluación de la bondad de un modelo es más un proceso relativo...