Production, multi-sectoral growth and planning: essays in memory of Leif Johansen
Gespeichert in:
| Format: | Buch |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Amsterdam u.a.
North-Holland
1985
|
| Schriftenreihe: | Contributions to economic analysis
154 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Festschrift Leif Johansen |
| Beschreibung: | XVI, 337 S. |
| ISBN: | 0444878386 |
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Datensatz im Suchindex
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| adam_text |
PRODUCTION,
MULTI-SECTORAL GROWTH
AND PLANNING
Essays in Memory of Leif Johansen
Edited b v.-
Finn R. F0RSUND
Department of Economics
University oj Oslo
Oslo. Norway
Michael HOliL
Depat intent oj Economics
University of Oslo
Oslo. Norway
and
Svein LONCiVA
( ctitral Bureau of Statistics of Norway
' Oslo. Norway
NH
NS5
NORTII-IIOLLAND
AMSTERDAM • Nl.-W YORK ■ OXFORD
CONTENTS
INTRODUCTION TO THE SERIES v
EDITORS' PREFACE vii
LEIF JOHANSEN'S CONTRIBUTIONS TO THE THEORY OF
PRODUCTION, PLANNING, AND MUL.TISECTORAL GROWTH
Robert M. Solow 1
1. Production theory 1
2. Multisectoral models and macroeconomic planning 6
References 8
AN INTERCOUNTRY COMPARISON OF CEMENT
PRODUCTION: THE SHORT-RUN PRODUCTION FUNCTION
APPROACH
Finn R. Forsund, Lennart Hjalmarsson and Byvind Eitrheim 11
1. Introduction 11
2. The construction of the short-run industry production
function 14
3. The activity regions 17
4. Data 20
5. Individual country analyses 24
6. Intercountry comparisons 31
7. Tentative conclusions 38
References 39
ESTIMATION OF THE CAPACITY DISTRIBUTION OF AN
INDUSTRY: THE SWEDISH DAIRY INDUSTRY 1964-1973
Joan Muysken 43
1. Introduction 43
2. The distribution approach 44
3. Estimation of the capacity distribution 46
4. The beta-capacity distribution 47
xii
Contents
6. Concluding remarks 55
Appendix 1 56
Appendix 2 58
Appendix 3 59
Notes 60
References 62
PROPERTIES OF PRODUCTION AND PROFIT FUNCTIONS
ARISING FROM THE AGGREGATION OF A CAPACITY
DISTRIBUTION OF MICRO UNITS
Atle Seierstad 65
Part I. Survey of results 65
Part II. Precise definitions and results 70
Appendix 82
References 84
FLUCTUATIONS AND FACTOR PROPORTIONS:
PUTTY-CLAY INVESTMENTS UNDER UNCERTAINTY
Karl Ove Moene 87
1. Introduction 87
2. Plant design and capacity utilization 89
3. Optimal plant designs 91
4. The impact of fluctuations 94
5. Economic interpretations 96
5.1 The sensitivity of utilization rates to price
fluctuations 97
5.2 The optimal degree of subcontracting 98
5.3 Stabilization policies 100
5.4 Coordination of investments 102
5.5 The effect of public unemployment compensation 103
6. Concluding remarks 105
Appendix 105
Notes 106
References 107
Contents
xiii
THE INTERPLAY BETWEEN SECTORAL MODELS BASED ON
MICRO DATA AND MODELS FOR THE NATIONAL ECONOMY
Finn R. Forsund and Eilev S. Jansen 109
1. Introduction 109
2. Micro-based models for one sector 111
2.1. The industry production function 111
2.2. The frontier production function 114
3. The interaction between sectoral models and models for the
national economy 115
4. Some further considerations 119
Notes 122
References 123
EXTENSIONS AND APPLICATIONS OF THE MSG-MODEL:
A BRIEF SURVEY
Lars Bergman 127
1. Introduction 127
2. A stylized version of the MSG-model 128
3. The MSG-model and the development of CGE-modelling 136
4. Extensions of the MSG-model 143
4.1. Endogenous foreign trade 143
4.2. Input substitution, heterogeneous labor, and budget
constraints 150
5. Concluding remarks 152
Appendix 155
Notes 156
References 157
A VERSION OF THE MSG-MODEL WITH PUTTY-CLAY AND
VINTAGE TECHNOLOGY
Hikan Persson 163
1. Introduction 163
2. The framework 164
2.1. Investment and capital 165
2.2. Prices 167
2.3. Capacity expansion 169
3. The model 171
4. Some extensions 178
xiv
Contents
Appendix 180
References 185
THE MULTI-SECTORAL GROWTH MODEL MSG-4. FORMAL
STRUCTURE AND EMPIRICAL CHARACTERISTICS
Svein Longva, Lorents Lorentsen, and 0ystein Olsen 187
1. Model background and history 187
2. Choice of theoretical content in an equilibrium model to be
used in long-term macroeconoinic planning 189
2.1 Macroeconomic planning, theory, and practice 189
2.2 The modelling of labour and capital markets and of
external trade 192
3. Economic and formal structure of MSG-4 195
3.1 Basic concepts and balance equations for commodities
and prices 199
3.2 The submodel for production 202
3.3 Labour and capital markets 205
3.4 The submodel for household consumption 206
3.5 Other main parts of the model 208
3.6 Special features of the MSG-4 model 209
4. Empirical characteristics of MSG-4 illustrated by long-term
total elasticities 213
4.1 Some elasticity concepts 214
4.2 Elasticities with respect to changes in the growth
potential 217
4.3 Energy demand elasticities 224
4.4 Transition paths and long-run properties 228
Appendix 231
Notes 235
References 236
ON THE INTRODUCTION AND APPLICATION OF THE
MSG-MODEL IN THE NORWEGIAN PLANNING SYSTEM
Per Schreiner and Knut Arild Larsen 241
1. Institutional background 241
1.1 Historical background 241
1.2 Economic planning and policies in Norway 243
1.3 Models and plans 244
Contents xv
1.4 The economic triangle 245
2. The first steps in applying the MSG-model 247
2.1 The beginning 247
2.2 From research to administrative instrument 248
2.3 Integration of the model into the administrative
system 250
3. A short survey of applications 253
3.1 Perspective analyses in official documents based on
MSG 253
3.2 Special studies based on MSG 253
4. Political and administrative aspects of utilizing the
MSG-model 255
4.1 General properties of the model 255
4.2 Characteristics of the projections 256
5. Some reflections on the future of the MSG-model and its
applications 260
References 262
THE USE OF THE MSG-MODEL IN PREPARING A
"PERSPECTIVE ANALYSIS 1980-2000" FOR THE NORWEGIAN
ECONOMY
Olav Bjerkholt and Sigurd Tveitereid 271
1. Introduction 271
2. Diminished perspectives for growth 272
3. Medium-term problems and long-run efficiency 279
4. Uncertainty and strategies 283
References 287
CERTAINTY EQUIVALENCE PROCEDURES IN
DECISION-MAKING UNDER UNCERTAINTY: AN EMPIRICAL
APPLICATION
Iulie Aslaksen and Olav Bjerkholt 289
1. The Johansen approach to certainty equivalence
procedures in decision-making under uncertainty 289
2. An illustration of the parametric certainty equivalence
procedure 293
3. Static and dynamic optimization in a two-period context 296
4. A multi-period framework with stochastic rates of return 301
xvi Contents
5. Preference functions derived from macroeconomic
projections 309
6. A strategy for optimal consumption under uncertainty:
empirical applications 317
References 329
AUTHOR INDEX 331
SUBJECT INDEX 333 |
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| series | Contributions to economic analysis |
| series2 | Contributions to economic analysis |
| spelling | Production, multi-sectoral growth and planning essays in memory of Leif Johansen ed. by Finn R. Førsund ... Amsterdam u.a. North-Holland 1985 XVI, 337 S. txt rdacontent n rdamedia nc rdacarrier Contributions to economic analysis 154 Festschrift Leif Johansen Johansen, Leif Développement économique - Modèles mathématiques Economische groei gtt Fonction de production (théorie économique) ram Fonctions de production (Théorie économique) Multisectormodellen gtt Productie gtt Theorieën gtt Mathematisches Modell Wirtschaftsentwicklung Wirtschaftspolitik Economic development Mathematical models Production functions (Economic theory) Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Sektorale Wirtschaftsstruktur (DE-588)4246873-5 gnd rswk-swf Wirtschaftsstruktur (DE-588)4129504-3 gnd rswk-swf Produktionstheorie (DE-588)4121520-5 gnd rswk-swf Norvège - Conditions économiques ram Norvège - Politique économique - Modèles mathématiques Norvège - Politique économique ram Norwegen Norway Economic policy Mathematical models (DE-588)4143413-4 Aufsatzsammlung gnd-content (DE-588)4016928-5 Festschrift gnd-content Sektorale Wirtschaftsstruktur (DE-588)4246873-5 s Wirtschaftswachstum (DE-588)4066527-6 s DE-604 Wirtschaftsstruktur (DE-588)4129504-3 s Produktionstheorie (DE-588)4121520-5 s Førsund, Finn R. 1943- Sonstige (DE-588)124128718 oth Johansen, Leif 1930-1982 (DE-588)122653920 hnr Contributions to economic analysis 154 (DE-604)BV000001445 154 Digitalisierung UB Augsburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=000219512&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Production, multi-sectoral growth and planning essays in memory of Leif Johansen Contributions to economic analysis Johansen, Leif Développement économique - Modèles mathématiques Economische groei gtt Fonction de production (théorie économique) ram Fonctions de production (Théorie économique) Multisectormodellen gtt Productie gtt Theorieën gtt Mathematisches Modell Wirtschaftsentwicklung Wirtschaftspolitik Economic development Mathematical models Production functions (Economic theory) Wirtschaftswachstum (DE-588)4066527-6 gnd Sektorale Wirtschaftsstruktur (DE-588)4246873-5 gnd Wirtschaftsstruktur (DE-588)4129504-3 gnd Produktionstheorie (DE-588)4121520-5 gnd |
| subject_GND | (DE-588)4066527-6 (DE-588)4246873-5 (DE-588)4129504-3 (DE-588)4121520-5 (DE-588)4143413-4 (DE-588)4016928-5 |
| title | Production, multi-sectoral growth and planning essays in memory of Leif Johansen |
| title_auth | Production, multi-sectoral growth and planning essays in memory of Leif Johansen |
| title_exact_search | Production, multi-sectoral growth and planning essays in memory of Leif Johansen |
| title_full | Production, multi-sectoral growth and planning essays in memory of Leif Johansen ed. by Finn R. Førsund ... |
| title_fullStr | Production, multi-sectoral growth and planning essays in memory of Leif Johansen ed. by Finn R. Førsund ... |
| title_full_unstemmed | Production, multi-sectoral growth and planning essays in memory of Leif Johansen ed. by Finn R. Førsund ... |
| title_short | Production, multi-sectoral growth and planning |
| title_sort | production multi sectoral growth and planning essays in memory of leif johansen |
| title_sub | essays in memory of Leif Johansen |
| topic | Johansen, Leif Développement économique - Modèles mathématiques Economische groei gtt Fonction de production (théorie économique) ram Fonctions de production (Théorie économique) Multisectormodellen gtt Productie gtt Theorieën gtt Mathematisches Modell Wirtschaftsentwicklung Wirtschaftspolitik Economic development Mathematical models Production functions (Economic theory) Wirtschaftswachstum (DE-588)4066527-6 gnd Sektorale Wirtschaftsstruktur (DE-588)4246873-5 gnd Wirtschaftsstruktur (DE-588)4129504-3 gnd Produktionstheorie (DE-588)4121520-5 gnd |
| topic_facet | Johansen, Leif Développement économique - Modèles mathématiques Economische groei Fonction de production (théorie économique) Fonctions de production (Théorie économique) Multisectormodellen Productie Theorieën Mathematisches Modell Wirtschaftsentwicklung Wirtschaftspolitik Economic development Mathematical models Production functions (Economic theory) Wirtschaftswachstum Sektorale Wirtschaftsstruktur Wirtschaftsstruktur Produktionstheorie Norvège - Conditions économiques Norvège - Politique économique - Modèles mathématiques Norvège - Politique économique Norwegen Norway Economic policy Mathematical models Aufsatzsammlung Festschrift |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=000219512&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV000001445 |
| work_keys_str_mv | AT førsundfinnr productionmultisectoralgrowthandplanningessaysinmemoryofleifjohansen AT johansenleif productionmultisectoralgrowthandplanningessaysinmemoryofleifjohansen |