(Lecture Notes in Economics and Mathematical Systems
667)
; v
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This book gives the historical development, explanations of technical specifications, and a basic understanding of how to use different equilibrium models in an applied framework. It contains an accessible analytical survey of economic equilibrium models, including multi-sector programming models (linear and quadratic) and the computable general equilibrium (CGE) model. The book introduces the importance of disinvestment, and hence, a model of economic transformation is developed. Finally, the globalisation process of the production system is examined. The Input-Output Model: A Study of the Interindustry Structure -The Outlook of the Sovereign Planner: The Linear Activity Model -The Planner and the Market: The Takayama Judge Activity Model -A Market with Autonomous Economic Decision Makers: Features of the CGE Model -An Applied Model: The CGE Mini Model -A Suggested Model of Economic Transformation -Back to the CGE Mini Model.