Test mehrerer ökonometrischer Modelle auf die Anwendbarkeit in der politischen Wirklichkeit. Gleichgewichtsmodelle mit Erklärungsdefiziten. Kein Gleichgewicht auf allen Märkten in der Realität. Substitutionselastizität auf den Produktmärkten und Produktionsfunktion noch nicht...

Empirical studies emphasising supply factors argue that poor countries as a whole show a catching up tendency of rich countries as a whole. We offer a demand side SAM model to highlight the convergence in economic growth. The model predicts, after adjusting for peculiarities of economic systems,...

The paper introduces the social accounting matrix, SAM, and treats the conversion of the SAM into an economy wide model that employs fixed relative prices and clears market imbalances via flexible quantities. The paper reviews multiplier results relating to the trade-off between economic growth...

The paper demonstrates abilities of the SAM to investigate issues relevant for an advanced economy. i.e. The Netherlands. It studies SAM multipliers for an initial year, examines how they change over later years, and identifies segments that were gainers and losers over ten years. Available data...

We examine main works that use the computable general equilibrium model in measuring the impact of trade liberalization on growth and distribution. We modify the model to include prospective restructuring of the economy and its distribution mechanisms, and apply it to one of the least developed...