2 edition of Analyses of the South African energy economy: models of partial equilibrium. found in the catalog.
Analyses of the South African energy economy: models of partial equilibrium.
Allen John Scott
Published
1973
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Written in
The Physical Object | |
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Pagination | 146 ¾. |
Number of Pages | 146 |
ID Numbers | |
Open Library | OL15159363M |
This section provides lecture notes from the course. The lecture notes are from one of the Discussion sections for the course. The subtopics for each lecture are related to the chapters in the textbook. These lecture notes were prepared by Xingze Wang, YingHsuan Lin, and Frederick Jao specifically for MIT OpenCourseWare. scenarios and macro-economic factors on the potential biofuels industry in South Africa. The BFAP model takes the dynamic interaction between the field crops, livestock and government policy into account, to simulate the possible impact a biofuels industry could have on South Africa.
4. In the partial equilibrium, large-country model, show how the import supply curve can be derived as the excess supply in the Foreign country’s domestic market. Then use this to show how a tariff levied by the Home country affects prices, quantities, and welfare (of Foreign suppliers, demanders, and government) in the Foreign Size: KB. In this case, South Africa has experienced what writers call a 'double transition'. On the one hand, this refers to a shift from apartheid to democracy and on the other hand to South Africa's shift from an economy of international isolation to one which is linked to the rest of the world.
Abstract. In previous chapters we have described applied general equilibrium analysis in practical terms. In this chapter we begin by presenting a succinct explanation of the history of general equilibrium and the theoretical underpinnings of this type of analysis and : Manuel Alejandro Cardenete, Ana-Isabel Guerra, Ferran Sancho. The study uses the University of Pretoria's General Equilibrium Model (UPGEM) which is a dynamic general equilibrium model of the South African economy. The model provides a quantitative.
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An analysis of the potential socio-economic impacts of shale gas development in South Africa. A thesis presented to. the Graduate School of Business. University of Cape Town. in partial fulfilment. of the requirements for the. Master of Commerce in Development Finance Degree.
Yonela Tukwayo. July Supervised by: Katye Altieri. Key sector analysis, sectoral impact studies, partial and general equilibrium trade and industry analysis are frequently conducted both in the public as well as the private sector.
The use of economic modelling techniques that capture economy-wide impacts of policy changes is growing in the South African academic, consulting and research circles.
This study employs a partial general equilibrium approach calibrated on the Social Accounting Matrix (SAM) and a contemporaneous dynamic computable general equilibrium (CGE) model to assess the effect of expansionary fiscal policy on economic growth, income inequality, poverty, employment and inequality reduction in South : Kambale Kavese, Andrew Phiri.
MARKAL-MACRO is an experiment in model linkage for energy and economy analysis. This new tool is intended as an improvement over existing methods for energy strategy assessment.
Analysis for South Africa Other than the member countries of the East Asia Summit (EAS), there are countries Chapter 4 analyses the economic impact of change of fuel cost of power generation.
equilibrium models. In the GTAP model, there is a producer, a private household, and a. As a case study we represent the South African ESI using a partial equilibrium E3 modelling approach, and extend the approach to include multiple objectives under selected future uncertainties.
This extension is achieved by assigning cost penalties to non-cost attributes to force the model's least-cost objective function to better satisfy non-cost criteria.
of the South Africa Economic Update argues that significantly raising South Africa’s economic potential will require breaking away from the equilibrium of low growth and high inequality in which the country has been trapped for decades. In this equilibrium, slow. Two energy modelling studies have been done, and two economy-wide modelling studies have been done: a partial equilibrium model of the whole energy system was developed for the Long Term Mitigation Scenarios project, and the impact of a carbon tax was.
Applied Methods for Trade Policy Analysis provides a comprehensive introduction to the applied economic modeling of trade policies. The book introduces the reader to trade policy concepts, welfare measurement, accounting frameworks, and both partial and general equilibrium modeling approaches.
South African property sector contributes significantly to the country‟s economy and it comprises % of the (GDP) (SOPOA, ). The Finance, Real Estate and Services (FIRES) sector contributes % to the GDP in the fourth quarter ofwhich is %. A Study of stable Atmospheric Boundary Layer over highveld South Africa This article has been downloaded from IOPscience.
Please scroll down to see the full text article. The economic impact of load shedding: The case of South African retailers Ariel Goldberg A research project submitted to the Gordon Institute of Business Science, University of Pretoria, in partial fulfilment of the requirements for the degree of Master of Business Administration.
9 November This note covers the following topics: The Economic Approach, Consumer Theory Basics, Homothetic and Quasilinear Utility Functions, The Traditional Approach to Consumer Theory, Producer Theory, Choice Under Uncertainty, Competitive Markets and Partial Equilibrium Analysis, Externalities and Public Goods, Monopoly.
The theory of international trade is a general equilibrium affair: offer curves, Edgeworth–Bowley box diagrams, and Travis boxes are frequently used tools.
For a long time, however, applied trade policy analysis was restricted to partial equilibrium techniques. Narayanan, Badri, Thomas Hertel and J.M. Horridge (), "Disaggregated data and trade policy analysis: The value of linking partial and general equilibrium models", Economic Modelling, Vol Issue 3, MayPages Downloadable.
This paper presents a partial equilibrium model for the South African table grape industry, focussing on the fresh market segments. The model is a dynamic recursive model solving various equations simultaneously, reaching a state of equilibrium once total production equals total demand and equilibrium is established in the export- and domestic market for fresh grapes.
An important starting point in the forecasting process is the re-assessment of the economic climate in individual countries and the world economy as a whole. Here, a combination of model-based analyses and statistical indicator models play an important role in.
Spatial Economic Analysis,5, (2), View citations (28) Disaggregated data and trade policy analysis: The value of linking partial and general equilibrium models Economic Modelling,27, (3), View citations (17) See also Working Paper () A multi-regional representation of China's agricultural sectors.
CHAPTER 3: THE ROLE AND FUNCTIONS OF GOVERNMENT. INTRODUCTION. Government operations are those activities involved in the running of a. state for the purpose of producing value for the citizens. Public administration is a vehicle for expressing the values and preferences of citizens, communities and society as a whole.
10 models were incorporated into an econometric, recursive partial equilibrium model of the South 11 African agricultural sector. Within this model, rainfall, both in terms of the total during the 12 production season and the timing thereof, represent one of a host of variables that impact on the.
Research highlights We examine global food production development until with a partial equilibrium model of agriculture and forestry. Exogenous drivers include population growth, economic development, technical change, and two alternative deforestation policies.
Food prices, per capita consumption of food, and the ratio between plant and animal food change relatively little across Cited by: the traditional partial equilibrium model of the foreign exchange market.
Under the assumption of rational expectations, the model yields an expres- sion for the current real exchange rate as a discounted sum of the expected future values of the exogenous real factors that affect excess demands for.As a case study we represent the South African ESI using a partial equilibrium E3 modelling approach, and extend the approach to include multiple objectives under selected future uncertainties.
This extension is achieved by assigning cost penalties to non-cost attributes to force the model's least-cost objective function to better satisfy non Author: G Heinrich, M Howells, L Basson and JG Petrie.