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Multisector Growth Models [electronic resource] : Theory and Application / by Terry L. Roe, Rodney B. W. Smith, D. Sirin Saracoglu.

By: Roe, Terry L [author.].
Contributor(s): Smith, Rodney B. W [author.] | Saracoglu, D. Sirin [author.] | SpringerLink (Online service).
Material type: materialTypeLabelBookPublisher: New York, NY : Springer New York, 2010Description: online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9780387773582.Subject(s): Economics | Economics -- Statistics | Endogenous growth (Economics) | Macroeconomics | Economics/Management Science | Macroeconomics/Monetary Economics | Economic Growth | Mathematical Modeling and Industrial Mathematics | Statistics for Business/Economics/Mathematical Finance/InsuranceDDC classification: 339 Online resources: Click here to access online
Contents:
Introduction: Orientation and Focus -- The Preliminaries -- The Two Sector Ramsey Model -- The Three-Sector Ramsey Model -- Extensions to the Three-Sector Model -- The Extended Three-Sector Model -- A Three-Sector – Two-Country World -- Data Issues and the Social Accounting Matrix -- Solution Methods in Transition Dynamics.
In: Springer eBooksSummary: This book provides a reader with a practical foundation in general equilibrium theory, embeds the theory in a multi-sector dynamic framework, discusses how to practically link the theory to real economic data, and provides clear instructions on how to use existing software – in this case Mathematica – to construct model simulations for policy and other analysis. This book pulls it all together in a conceptually sound, yet practical, manner, and brings the theory to life. A unique feature is the integration of traditional static trade theory into modern neoclassical growth theory so the reader has the sense of building upon known constructs as opposed to learning a sequence of different models. The book provides several examples of real economic problems with policy interests and shows how to "bring these problems to life" with theory and data.
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Introduction: Orientation and Focus -- The Preliminaries -- The Two Sector Ramsey Model -- The Three-Sector Ramsey Model -- Extensions to the Three-Sector Model -- The Extended Three-Sector Model -- A Three-Sector – Two-Country World -- Data Issues and the Social Accounting Matrix -- Solution Methods in Transition Dynamics.

This book provides a reader with a practical foundation in general equilibrium theory, embeds the theory in a multi-sector dynamic framework, discusses how to practically link the theory to real economic data, and provides clear instructions on how to use existing software – in this case Mathematica – to construct model simulations for policy and other analysis. This book pulls it all together in a conceptually sound, yet practical, manner, and brings the theory to life. A unique feature is the integration of traditional static trade theory into modern neoclassical growth theory so the reader has the sense of building upon known constructs as opposed to learning a sequence of different models. The book provides several examples of real economic problems with policy interests and shows how to "bring these problems to life" with theory and data.

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