An Extended Scenario and Adjustment Model for Developing Countries:
This paper discusses three important extensions to the developing country scenario and adjustment model used in the World Economic Outlook exercises. First, the model is augmented to include fiscal and monetary sectors and now explicitly captures links among government policy, investment, output and...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1993
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Schriftenreihe: | IMF Working Papers
Working Paper No. 93/73 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper discusses three important extensions to the developing country scenario and adjustment model used in the World Economic Outlook exercises. First, the model is augmented to include fiscal and monetary sectors and now explicitly captures links among government policy, investment, output and inflation. Second, the external sector is modified to allow domestic demand factors to influence imports, as well as allowing flexibility in the financing of imports. Third, the model system is extended to the group of net-creditor countries, and for the oil exporters within this group, oil exports are modeled separately. The revised model is estimated for each of the 95 developing countries and parameter estimates for each of the main equations are presented. The paper also reports the results of four simulation exercises to illustrate how the new model system may be used to quantify the effects of changes in domestic policies and in the external environment |
Beschreibung: | 1 Online-Ressource (60 p) |
ISBN: | 1451849389 9781451849387 |
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spelling | Samiei, Hossein Verfasser aut An Extended Scenario and Adjustment Model for Developing Countries Samiei, Hossein Washington, D.C International Monetary Fund 1993 1 Online-Ressource (60 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 93/73 This paper discusses three important extensions to the developing country scenario and adjustment model used in the World Economic Outlook exercises. First, the model is augmented to include fiscal and monetary sectors and now explicitly captures links among government policy, investment, output and inflation. Second, the external sector is modified to allow domestic demand factors to influence imports, as well as allowing flexibility in the financing of imports. Third, the model system is extended to the group of net-creditor countries, and for the oil exporters within this group, oil exports are modeled separately. The revised model is estimated for each of the 95 developing countries and parameter estimates for each of the main equations are presented. The paper also reports the results of four simulation exercises to illustrate how the new model system may be used to quantify the effects of changes in domestic policies and in the external environment Online-Ausg Bassett, Sheila Sonstige oth Kumar, Manmohan S. Sonstige oth http://elibrary.imf.org/view/IMF001/00280-9781451849387/00280-9781451849387/00280-9781451849387.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Samiei, Hossein An Extended Scenario and Adjustment Model for Developing Countries |
title | An Extended Scenario and Adjustment Model for Developing Countries |
title_auth | An Extended Scenario and Adjustment Model for Developing Countries |
title_exact_search | An Extended Scenario and Adjustment Model for Developing Countries |
title_exact_search_txtP | An Extended Scenario and Adjustment Model for Developing Countries |
title_full | An Extended Scenario and Adjustment Model for Developing Countries Samiei, Hossein |
title_fullStr | An Extended Scenario and Adjustment Model for Developing Countries Samiei, Hossein |
title_full_unstemmed | An Extended Scenario and Adjustment Model for Developing Countries Samiei, Hossein |
title_short | An Extended Scenario and Adjustment Model for Developing Countries |
title_sort | an extended scenario and adjustment model for developing countries |
url | http://elibrary.imf.org/view/IMF001/00280-9781451849387/00280-9781451849387/00280-9781451849387.xml |
work_keys_str_mv | AT samieihossein anextendedscenarioandadjustmentmodelfordevelopingcountries AT bassettsheila anextendedscenarioandadjustmentmodelfordevelopingcountries AT kumarmanmohans anextendedscenarioandadjustmentmodelfordevelopingcountries |