Confidence Regions for Calibrated Parameters in Computable General Equilibrium Models

Abdelkhalek,; Dufour,

doi:10.2307/20079137

Cited by 4 publications

(2 citation statements)

References 16 publications

(29 reference statements)

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“…Currently most of these tests are done in an ad hoc manner and are prone to subjective judgement. Abdelkhalek and Dufour (2006) suggest some bounds to use for testing but these have not been applied in this study. In order to resolve the problem to some extent, the first task was to examine the feasible ranges of transformation and substitution elasticities (CET and CES respectively) that conform to the Namibia 2004 SAM data.…”

Section: Resultsmentioning

confidence: 99%

An Analysis of the Potential of Manufacturing and Services Sectors as Drivers of Economic Growth and Development in Namibia

Chifamba

Odhiambo²

2015

BMS

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The purpose of this paper is to analyse the potential of the manufacturing and services sectors as drivers of economic growth in Namibia. The paper uses the intersectoral linkage analysis method to identify the industries with the greatest backward and forward linkages. The economy-wide impact of these industries is simulated further using a CGE model. The greatest backward linkages for manufacturing industries were found in meat processing, fish processing, grain milling, basic metals and construction. The greatest backward linkages for the tertiary industries were found in trade and repairs, hotels and restaurants, finance and insurance, and other private services. The greatest forward linkages for manufacturing industries were found in paper and printing, chemicals and rubber, fabricated metals and machinery, and electricity generation and distribution. The greatest forward linkages for tertiary industries were found in transport, communication, finance and insurance, and market real estate and business services. These, therefore, are the sectors that policies could target as they have greatest impact and could enable Namibia to achieve higher levels of growth. Further, simulation results are obtained from a CGE model by introducing direct exogenous increases in the output of the perceived key industries and examining the economy-wide feedback effects.

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Section: Resultsmentioning

confidence: 99%

An Analysis of the Potential of Manufacturing and Services Sectors as Drivers of Economic Growth and Development in Namibia

Chifamba

Odhiambo²

2015

BMS

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“…As the SAM is constructed through satisfying the various equilibrium conditions (see. e.g., Mansur and Whalley, 1984;Abdelkhalek and Dufour, 2000). It is also important in the sense that CGE model conclusions are quite sensitive to the value of those behavioural parameters (Arndt et al 2001).…”

Section: Calibration Of Bdcge Modelmentioning

confidence: 99%

Impact of agricultural trade policy in economic development

Hossain¹

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The research focuses on the impact evaluation of agriculture and non-agriculture national and international trade, and economic policy reforms in economic development and welfare of Bangladesh. This research especially evaluates the agro-industrialization impact on the economy and welfare of Bangladesh. For impact assessment, this study simulates a set of 10 scenarios by the single country CGE model (Lofgren et al. 2002) and a set of 5 scenarios by the multi-regional, multi-market comparative static GTAP model (Hertel, 1997). Assessment of policy reform through the single country CGE model reveals that the overall impact of trade liberalization is mixed among the sectors and households of the economy. The mixed impact keeps the debate of trade liberalization alive in case of Bangladesh. Non-agriculture trade liberalization contributes more in economy and welfare compare to agriculture trade liberalization. Agri-industry sector trade liberalization with ensuring increase productivity can ensure substantial increase in production and export of agribusiness sectors. As alternative to trade policy options, increase productivity with increase wage of agri-industry sector can increase production and welfare of country. World food price rise problem can be managed through reduction of food import tariff, which can I like to extend my appreciation to my friends Md Ismail Hossain, Mst. Esmat Ara Begum, A. K. M. Akhtaruzzaman Bosunia and Md. Saykhul Arifin for there valuable support in my study life.My enormous debt of gratitude also goes to Ishrak Karim, Ishtiaque Karim Robin, Rashida Khatun, Khadiza Parveen, Samsunnahar Lovely, Mizanur Rahman and Altaf Hossain for their deep most love, care, and respect that I have got during this study period.On a personal note I would like to deeply to my father Dr. Abu Enamdar Hossain, my mother Mrs Mahafuza Hossain, my brother in law Lt. Col. Lutful Hassan Rumi, my sister Ekrama Dil Afroze and my nephews for their unconditional love and support. I would like to lastly but with the greatest appreciation of above all to the Almighty Allah for his immeasurable grace, profound kindness, and bestowing mercy from the start to end of the completion of this research work.

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Assessing interactions among education, social insurance and labour market policies in Morocco

Marouani

Robalino

2011

Applied Economics

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Confidence Regions for Calibrated Parameters in Computable General Equilibrium Models

Cited by 4 publications

References 16 publications

An Analysis of the Potential of Manufacturing and Services Sectors as Drivers of Economic Growth and Development in Namibia

An Analysis of the Potential of Manufacturing and Services Sectors as Drivers of Economic Growth and Development in Namibia

Impact of agricultural trade policy in economic development

Assessing interactions among education, social insurance and labour market policies in Morocco

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