A Basic Needs Policy Model
：A General Equilibrium Analysis with Special Reference to Ecuador
( Volume 175 )
Publication subTitle ：A General Equilibrium Analysis with Special Reference to Ecuador
Publication series ：Volume 175
Author： Kouwenaar A.;Jorgenson D. W.
Publisher： Elsevier Science
Publication year： 2013
E-ISBN: 9781483290126
P-ISBN(Paperback): 9780444704689
Subject： C91 Sociology;F015 宏观经济学;F123.16 macroeconomic management
Keyword： 工业经济
Language： ENG
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Description
Using recent research on Ecuador, this book discusses a social accounting matrix (SAM)-based model for simulating the effects of basic needs policies on various socio-economic groups. Specific parameter choice and specification of relationships allow the general equilibrium model to capture rigidities and occurrences of non-perfect commodity and factor markets. Basic needs satisfaction is described as an ``output'' resulting from income formation and expenditure, and dynamically linked to the structural processes of household and socio-economic group formation, formation of the labour force and wealth, and labour productivity. Simulations concentrate on the effects of various expenditure, indirect tax and redistributive policies on incomes and basic needs satisfaction.