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Multi-Regional Dynamic General Equilibrium Modeling of the U.S. Economy

Multi-Regional Dynamic General Equilibrium Modeling of the U.S. Economy : Usage-Term Development and Applications. 米国経済の多地域動学的一般均衡モデリング

・ISBN 978-3-319-58864-3 hard EUR 129.99

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お気に入り
著者・編者Wittwer, Glyn (ed.),
シリーズAdvances in Applied General Equilibrium Modeling
出版社(Springer, GW)
出版年月2017
ページ数227 pp.
言語ENG
ニュース番号<640-362 640-L528>

解説

This book details the preparation of USAGE-TERM, a computable general equilibrium model that provides regional economic detail in the USA. The model can represent either congressional district or state level economic activity. The latter may include a top-down representation of county activity. Interest in USAGE-TERM is growing among government departments. It is a practical tool, which may enhance analysis of productivity growth and innovation, adverse events such as drought or civil disruption and the dynamic economic impacts of major projects.Economic analysts and policy makers care about regions. Some regions suffer growing pains, as supporting infrastructure and services struggle to cope with population growth. Soaring house prices and rentals may lower affordability for many. Other regions suffer ongoing decline due to structural change. Regional economic fluctuations are often far more dramatic than national fluctuations.