A Computable General Equilibrium Model of Southern Region in Taiwan: The Impact of the Tainan Science-Based Industrial Park

Liu, Chun-Chu; Chen, Chia-Yon

doi:10.3844/ajassp.2004.220.224

Cited by 4 publications

(4 citation statements)

References 6 publications

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“…In modern conditions, the formation and development of clusters is a promising direction for improving the competitiveness of the national economy. At the same time, the problems of practical implementation of the cluster concept of regional development are actualized by the need to forcefully implement the policy of import substitution and increase the output of high-tech products (Liu, 2014). The optimal solution of these problems is possible with the support of the existing territorial-production complexes and individual large enterprises that are not included in the clusters.…”

Section: Sectoral Characteristics Of Innovative Clustermentioning

confidence: 99%

Attributes And Sectoral Characteristics Of Innovative Cluster

Kudryashova¹,

Larionova²,

Yalyalieva³

et al. 2019

The European Proceedings of Social and Behavioural Sciences

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Section: Sectoral Characteristics Of Innovative Clustermentioning

confidence: 99%

Attributes And Sectoral Characteristics Of Innovative Cluster

Kudryashova¹,

Larionova²,

Yalyalieva³

et al. 2019

The European Proceedings of Social and Behavioural Sciences

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“…According to Liu and Chen (2004), CGE models combine the advantages of econometric I-O and SAM models that strengthen the theoretical basis of the modelling effort and, therefore, enable more precise policy analyses.…”

Section: Cge Modelmentioning

confidence: 99%

Economic impact of the Klein Karoo National Arts Festival: Investigating the application of different models

Wyk

Saayman

Rossouw

2013

J. econ. financ. sci.

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This article focuses on an economic assessment of the target obtained in South Africa regarding the Klein Karoo National Arts Festival (KKNK) applying both SAM and CGE models. Since both models have advantages and disadvantages, tourism economists are confronted with the predicament of determining which model is most suitable for application to any specific event. The findings reveal that when different models are applied to the same dataset from an event, the reported economic impact results differ significantly. Results indicate that considerations such as the data collection or compilation, expected output, research objectives and costs involved will determine the choice of a specific modelling framework. Data from a visitor survey conducted at the KKNK during 2010 were used in the analyses. This finding serves as a warning to assessors that economic impact results can be misleading and, therefore, the application thereof should be handled with the utmost care as the results can readily be misinterpreted by stakeholders.

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“…Issues of government regulation of the cluster have been studied in works by (Liu and Chen, 2004;Dritsaki and Adamopoulos, 2005;Kim et al, 2014).…”

Section: Introductionmentioning

confidence: 99%

Ensuring Efficiency Control of Institutional Environment of the Cluster

Larionova¹,

Yalyalieva²,

Napolskikh³

2014

American Journal of Applied Sciences

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As experience of the developed countries shows, the best solutions to the problems related to ensuring competitiveness of enterprises can be found within clusters. Drawing up mechanisms for government regulation of the cluster will facilitate formulation of strategies and plans of cluster development which is an important competitive advantage of the modern economy. The purpose of this study is to research theoretical and methodological approaches to ensuring efficiency control of the institutional environment of the cluster. The approach to solving this problem is based on institutional methodology which offers innovative solutions within the frames of local economic development policies. Furthermore, the paper thoroughly examines impacts of government regulation on business development. Particular attention is given to analyzing public private partnership institutions in order to reveal their innovative features. The authors express the opinion that implementation of the principles of economic control of cluster development, as well as monitoring efficiency of transaction costs may help to reduce the negative effect of transaction costs on economic development of Russia's constituent entities. The paper offers the method for calculating performance efficiency of an institution for economic agents in the cluster, as well as efficiency of informal institutions including cases when their economic informality lies in the 'grey (shadow) area' i.e., illegal by nature. Basing on studies of foreign and Russian experience of cluster formation and identification of risks in cluster development, the article formulates recommendations for implementing control principles to ensure effective cluster policy and reduce transaction costs in order to improve government regulation of clusters and development of the country's economy.

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A Computable General Equilibrium Model of Southern Region in Taiwan: The Impact of the Tainan Science-Based Industrial Park

Cited by 4 publications

References 6 publications

Attributes And Sectoral Characteristics Of Innovative Cluster

Attributes And Sectoral Characteristics Of Innovative Cluster

Economic impact of the Klein Karoo National Arts Festival: Investigating the application of different models

Ensuring Efficiency Control of Institutional Environment of the Cluster

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