Multisector Growth Models Theory and Application

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Multisector Growth Models - Theory and Application

Multisector Growth Models: Theory and Application
by Terry L. Roe, Rodney B.W. Smith, D. Sirin Saracoglu
English | 2009 | ISBN: 0387773576 | 329 pages | PDF | 2,2 MB


This book provides a reader with a practical foundation in general equilibrium theory, embeds the theory in a multi-sector dynamic framework, discusses how to practically link the theory to real economic data, and provides clear instructions on how to use existing software-in this case Mathematica-to construct model simulations for policy and other analysis.
This book pulls it all together in a conceptually sound, yet practical, manner, and brings the theory to life. A unique feature is the integration of traditional static trade theory into modern neoclassical growth theory so the reader has the sense of building upon known constructs as opposed to learning a sequence of different models. The book provides several examples of real economic problems with policy interests and shows how to "bring these problems to life" with theory and data.

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Tags: Application, Theory, Models, Growth, Multisector
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