general equilibrium analysis

general equilibrium analysis

the analysis of the interrelationships that exist between subsectors of an ECONOMY. General equilibrium analysis proceeds on the basis that events in one sector can have such a significant impact on other sectors that feedback effects, in turn, are likely to affect the functioning of the first. See Fig. 81 .

Thus, in general equilibrium analysis, an attempt is made to determine the nature and strength of inter-sectoral linkages using, for example, INPUT-OUTPUT analysis. See PARTIAL EQUILIBRIUM ANALYSIS.

References in periodicals archive ?
4 percentage points, due to their strong trade linkages with China in 2016-2020, according to an ADB Institute working paper titled Impact of the People's Republic of China's Growth Slowdown on Emerging Asia: A General Equilibrium Analysis.
Abhijit Banerjee, MIT and NBER; Xin Meng, Australian National University; Tommaso Porzio, Yale University; and Nancy Qian, Yale University and NBER, "Aggregate Fertility and Household Savings: A General Equilibrium Analysis Using Micro Data" (NBER Working Paper No.
274-275); Karl Menger "rescued general equilibrium analysis from oblivion" (p.
The mathematical transformation of equilibrium theory which eventually emerged from Walras's 'dreamland' in the form of the proliferation of general equilibrium analysis is not viewed in a positive light by Tieben, with the analysis described as eventually becoming a 'branch of pure mathematics with no more than a vague interest in the economic content of its propositions' (ibid.
An empirical general equilibrium analysis, Ecological Economics 76: 70-78.
A Computable General Equilibrium Analysis of the Economic Effects of the Octroi," unpublished Ph.
In large sections on single market analysis (partial equilibrium), general equilibrium analysis, and macroeconomics, they cover basic tools of demand and supply curve analysis; welfare economics; special markets and topics; basic tools of general equilibrium analysis; open economies; macroeconomic analysis and stabilization; and growth, income distribution, and other topics.
Given the complexity of their general equilibrium analysis, in this paper, I provide a tractable extension to the partial equilibrium model of Coleman and Grimes to allow for personal taxes.
In the 11th chapter of this book, Cournot take some risks to go into the perils of a general equilibrium analysis.
1994): "A General Equilibrium Analysis of the Effects of Carbon Emission Restrictions on Economic Growth in a Developing Country: Egipt", en Mercenier, T.
Second, macroeconomists not only started to work with model-consistent expectations in otherwise ad hoc models, but they started to study the optimal choices of economic agents in explicitly specified environments agents; that is, they started to study macroeconomic questions using the tools of general equilibrium analysis.
This collection of research and review articles, along with a short report on the lessons learned from a recent computable general equilibrium analysis project in Scotland, describe fairly recent efforts to approach energy efficiency.

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