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Wyświetlanie 1-8 z 8
Tytuł:
Trade Implications of the Transatlantic Trade and Investment Partnership for Polands Agri-Food Trade
Autorzy:
Hagemejer, Jan
Michałek, Jan Jakub
Pawlak, Karolina
Powiązania:
https://bibliotekanauki.pl/articles/2075439.pdf
Data publikacji:
2021
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
TTIP
tariff equivalents of NTMs
general equilibrium models
partial equilibrium models
agri-food sector
Polska
Opis:
The objective of the paper is to evaluate the implications of trade liberalization under the Transatlantic Trade and Investment Partnership (TTIP) for the Polish economy. We analyze the level of tariffs and non-tariff protection in the US and in the EU and identify products particularly “sensitive” from the point of view of TTIP liberalization. With the help of a partial equilibrium model, we simulate the trade implications of the TTIP for Poland’s trade with the US at the detailed product level. We analyze trade creation and diversion effects of tariff elimination and partial removal of non-tariff barriers. We found that the TTIP can increase Poland’s trade with the US by around 45 percent with a limited impact on its trade with the European Union (EU) members. Subsequent general equilibrium simulations show that trade diversion effects of the TTIP are substantial, while the welfare benefits of the agreement are limit
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2021, 1; 75-103
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Producers’ Adjustment Trajectories Resulting in Equilibrium in the Economy with Linear Consumption Sets
Autorzy:
Lipieta, Agnieszka
Powiązania:
https://bibliotekanauki.pl/articles/2076519.pdf
Data publikacji:
2016
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
projections
Debreu economy
equilibrium
linear sets
Opis:
We consider the Debreu private ownership economy in which all consumption plans belong to a proper linear subspace of the commodity-price space R l . This geometric property of consumption sets means that there is a dependency between quantities of some commodities in all consumption plans. Competitive mechanism makes producers adjust their plans of action to the same dependency. It results in the mild evolution of the production sector to offer production plans which are also contained in the given subspace of R l . Modified production system and the initial consumption system can form an economy in equilibrium. The aim of this paper is to model gentle changes of producers’ activity that give equilibrium in the Debreu economy with consumption system reduced to a proper subspace of R l without considering additional costs.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2015, 4; 187-204
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
A Real-Business-Cycle Model with Efficiency Wages and a Government Sector: The Case of Bulgaria
Autorzy:
Vasilev, Aleksandar
Powiązania:
https://bibliotekanauki.pl/articles/2119938.pdf
Data publikacji:
2022
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
general equilibrium
shirking
efficiency wages
unemployment
Bulgaria
Opis:
In this paper we investigate the quantitative importance of efficiency wages of no-shirking type in explaining business cycle fluctuations in Bulgarian labor markets. This is done by augmenting a relatively standard real business cycle model with unobservable workers effort by employers and efficiency wage contracts, as well as through the inclusion of a detailed government sector. This imperfection in labor markets introduces a strong internal transmission mechanism that allows the model framework to capture the business cycles in Bulgarian data better than earlier models, and setups assuming perfectly- competitive labor markets in particular.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2017, 4; 359-377
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Adjustment Processes Resulting in Equilibrium in the Private Ownership Economy
Autorzy:
Lipieta, Agnieszka
Powiązania:
https://bibliotekanauki.pl/articles/2076192.pdf
Data publikacji:
2018
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
private ownership economy
equilibrium
Walras Law
adjustment processes
Opis:
The paper considers a private ownership economy in which economic agents could realize their aims at given prices, Walras Law is satisfied but agents’ optimal plans of action do not lead to an equilibrium in the economy. It means that the market clearing condition is not satisfied for agents’ optimal plans of action. In this context, the paper puts forward three specific adjustment processes resulting in equilibrium in a transformation of the initial economy. Specifically, it is shown, by the use of strict mathematical reasoning, that if there is no equilibrium in a private ownership economy at given prices, then, under some natural economic assumptions, after a mild evolution of the production sector, equilibrium at unchanged prices can be achieved.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2018, 4; 305-332
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Optimal Demand-Driven Eco-Mechanisms Leading to Equilibrium in Competitive Economy
Autorzy:
Denkowska, Anna
Lipieta, Agnieszka
Powiązania:
https://bibliotekanauki.pl/articles/2119886.pdf
Data publikacji:
2022
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
mechanisms design
competitive economy
equilibrium
eco-change
optimal mechanism
Opis:
We examine new mechanisms that introduce environmentally friendly eco- changes involving the elimination of noxious commodities and take into account the structure of demand without a detrimental effect to agents’ position. In the era of the fourth industrial revolution, these mechanisms allow eliminating unnecessary services or goods that are being replaced by modern technologies. We define optimal mechanisms under the criterion of distance minimization, when a small number of detrimental commodities is excluded from production processes as well as when producers are change-averse. The results have the form of theorems with rigorous proofs.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2022, 3; 225-262
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Behavioral and Permanent Zloty/Euro Equilibrium
Autorzy:
Bęza-Bojanowska, Joanna
Powiązania:
https://bibliotekanauki.pl/articles/483339.pdf
Data publikacji:
2009
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
equilibrium exchange rate
cointegration analysis
Gonzalo- Granger decomposition
ERM II
Opis:
Poland is expected to enter the Exchange Rate Mechanism II (ERM II). The European Central Bank recommends that the ERM II central rate should reflect the best possible assessment of the equilibrium exchange rate. Since the equilibrium rate is changing in time, it is important to identify the pushing and pulling forces of the exchange rate. This knowledge will let the authorities to defend only the exchange rate that is in equilibrium and to assess outcomes of their actions. We use the VEC approach of Johansen to estimate the behavioral equilibrium exchange rate and to identify the pushing forces of the Polish zloty/euro rate. We apply the Gonzalo-Granger decomposition to calculate the permanent equilibrium exchange rate and to identify the pulling forces of the zloty exchange rate. We demonstrate that this approach may be useful for Polish authorities while entering the ERM II as well as within that mechanism.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2009, 1, 1
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Impulse Response Functions in the Dynamic Stochastic General Equilibrium Vector Autoregression Model
Autorzy:
Wróbel-Rotter, Renata
Powiązania:
https://bibliotekanauki.pl/articles/2076473.pdf
Data publikacji:
2016
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
dynamic stochastic general equilibrium vector autoregression
DSGE-VAR
impulse response functions
marginal data density
Opis:
The model considered in the paper is defined as VAR with the prior distribution for parameters generated by the dynamic stochastic general equilibrium (DSGE) model. The degree of economic restrictions in the DSGE- VAR model is controlled by the weighting parameter. In the paper there is investigated the impact of the weighting parameter prior specifications for the posterior shape of impulse response functions (IRFs). In case of conditional models the paths of IRFs highly depend on the value of the weighting parameter that is set arbitrary. When considering full estimation with different prior types, means and gradual change in the dispersion the posterior time paths of IRFs are similar in models with high values of the marginal data densit
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2016, 2; 93-114
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Gale Economy with Investments and Limit Technology
Autorzy:
Panek, Emil
Powiązania:
https://bibliotekanauki.pl/articles/2119913.pdf
Data publikacji:
2022
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
Gale production model with investments
von Neumann equilibrium
limit production space
technological and economical production efficiency
multilane production turnpike
Opis:
In this article we have described a multiproduct model of economical dynamics of Gale type, in which the changes in production technology (the dynamics of Gale type production spaces) depend upon the scale of targeted investments. Under such assumptions we have proved a so-called “weak” version of a multilane turnpike theorem in the Gale type economy with varying technology which converges to a certain limit technology. It states that in the long periods of time, regardless of the initial state of the economy, the optimal growth processes almost always lie close to the family of steady growth paths with maximum growth rate called the multilane turnpike.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2022, 1; 57-80
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-8 z 8

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