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Morocco has set an ambitious target of supplying 42 percent of electricity through renewable sources, 14 percent each through hydro, wind, and solar, by 2020. To analyze the economic and environmental implications of implementing this target, this study uses a dynamic computable general equilibrium model with foresight that includes explicit representation of various electricity generation technologies. Two types of policy instruments, a production subsidy financed through fossil fuel taxation and a renewable energy mandate financed through increased electricity prices, have been considered to attract investment in renewable energy. The study shows that meeting the renewable target would achieve up to 15 percent reduction of national greenhouse gas emissions in 2020 compared with a situation in the absence of the target, or the baseline. However, meeting the target would decrease household consumption of goods and services, thereby worsening household welfare. The study also shows that the renewable production subsidy financed through fossil fuel taxation is superior to the mandate policy to meet the renewable energy target in Morocco, as the former would cause a lower loss in economic welfare and a larger reduction of greenhouse gas emissions than the latter.

Climate Change --- Climate Change Mitigation and Green House Gases --- Computable General Equilibrium (CGE) --- Energy --- Energy and Environment --- Energy Demand --- Energy Production and Transportation --- Environment --- Environment and Energy Efficiency --- Renewable Energy Targets

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In 1959, shortly after the European Economic Community was founded under the 1957 Treaty of Rome, Turkey applied for Associate Membership in the then six-member common market. By 1963, a path for integrating the economies of Turkey and the eventual European Union had been mapped. As with many trade agreements, agriculture posed difficult political hurdles, which were never fully cleared, even as trade barriers to other sectors were eventually removed and a Customs Union formed. This essay traces the influences the Turkey-European Union economic institutions have had on agricultural policies and the agriculture sector. An applied general equilibrium framework is used to provide estimates of what including agriculture under the Customs Union would mean for the sector and the economy. The paper also discusses the implications of fully aligning Turkey's agricultural policies with the European Union's Common Agricultural Policy, as would be required under full membership.

Agriculture --- Crops & Crop Management Systems --- Customs Union --- Economic Theory & Research --- Food & Beverage Industry --- General Equilibrium Model --- Industry --- International Economics & Trade --- Law and Development --- Macroeconomics and Economic Growth --- Trade --- Trade Law --- Trade Policy

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This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of nominal and real rigidities, extensive macrofinancial linkages, and diverse spillover transmission channels. A variety of monetary policy analysis, fiscal policy analysis, spillover analysis, and forecasting applications of the estimated model are demonstrated. These include quantifying the monetary and fiscal transmission mechanisms, accounting for business cycle fluctuations, and generating relatively accurate forecasts of inflation and output growth.

Free trade. --- International Monetary Fund. --- World Bank. --- Finance --- Business & Economics --- International Finance --- Capital movements --- Monetary policy --- Fiscal policy --- Business cycles --- Econometric models. --- Tax policy --- Taxation --- Capital flight --- Capital flows --- Capital inflow --- Capital outflow --- Flight of capital --- Flow of capital --- Movements of capital --- Government policy --- Economic policy --- Finance, Public --- Balance of payments --- Foreign exchange --- International finance --- Economic forecasting --- Computable general equilibrium models --- Panel analysis --- Econometric models --- E-books --- Panel studies --- Social sciences --- Statistics --- CGE models --- Equilibrium models, Computable general --- General equilibrium models, Computable --- Methodology --- Banks and Banking --- Econometrics --- Exports and Imports --- Investments: General --- Macroeconomics --- Inflation --- Bayesian Analysis: General --- Multiple or Simultaneous Equation Models: Models with Panel Data --- Model Construction and Estimation --- Forecasting and Other Model Applications --- Price Level --- Deflation --- Business Fluctuations --- Cycles --- Financial Markets and the Macroeconomy --- Monetary Policy --- Fiscal Policy --- Open Economy Macroeconomics --- Empirical Studies of Trade --- Investment --- Capital --- Intangible Capital --- Capacity --- Macroeconomics: Consumption --- Saving --- Wealth --- Computable and Other Applied General Equilibrium Models --- Interest Rates: Determination, Term Structure, and Effects --- International economics --- Econometrics & economic statistics --- Banking --- Terms of trade --- Return on investment --- Consumption --- Dynamic stochastic general equilibrium models --- Central bank policy rate --- National accounts --- International trade --- Econometric analysis --- Prices --- nternational cooperation --- Saving and investment --- Economics --- Interest rates --- United Kingdom

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This unique book contains novel and in-depth research regarding economic development in Japan. The authors examine economic development in Japan from both theoretical and empirical perspectives. Using general equilibrium growth accounting and the overlapping generations model, they analyze the relationships between population, agriculture and the economy. The research results are unprecedented and show the effects of increased adult longevity on national savings and the effects of demographic change on the industrial structure; the push-pull effects of technical change in agricultural and non-

Economic development --- Endogenous growth (Economics) --- Equilibrium (Economics) --- DGE (Economics) --- Disequilibrium (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- SDGE (Economic theory) --- Economics --- Statics and dynamics (Social sciences) --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Development economics --- Resource curse --- Japan --- al-Yābān --- Giappone --- Government of Japan --- Iapōnia --- I︠A︡ponii︠a︡ --- Japam --- Japani --- Japão --- Japon --- Japonia --- Japonsko --- Japonya --- Jih-pen --- Mư̄ang Yīpun --- Nihon --- Nihon-koku --- Nihonkoku --- Nippon --- Nippon-koku --- Nipponkoku --- Prathēt Yīpun --- Riben --- State of Japan --- Yābān --- Yapan --- Yīpun --- Zhāpān --- Япония --- اليابان --- يابان --- 日本 --- 日本国 --- Economic conditions --- Econometric models. --- E-books --- Jepun --- Yapon --- Yapon Ulus --- I︠A︡pon --- Япон --- I︠A︡pon Uls --- Япон Улс

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The utility idea has had a long history in economics, especially in the explanation of demand and in welfare economics. In a comprehensive survey and critique of the Slutsky theory and the pattern to which it belongs in the economic context, S. N. Afriat offers a resolution of questions central to its main idea, including sufficient conditions as well.Originally published in 1980.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Demand functions (Economic theory) --- Utility theory --- 330.105 --- 338.5 --- Demand (Economic theory) --- Value --- Revealed preference theory --- Demand curves (Economic theory) --- Functions, Demand (Economic theory) --- Economics --- 330.105 Wiskundige economie. Wiskundige methoden in de economie --- Wiskundige economie. Wiskundige methoden in de economie --- 338.5 Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12} --- Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12} --- Mathematical models --- Quantitative methods (economics) --- E-books --- Utility theory. --- DEMAND FUNCTIONS (Economic theory) --- Adjoint. --- Aggregate supply. --- Arrow's impossibility theorem. --- Axiom. --- Big O notation. --- Bruno de Finetti. --- Chain rule. --- Coefficient. --- Commodity. --- Concave function. --- Continuous function. --- Convex cone. --- Convex function. --- Convex set. --- Corollary. --- Cost curve. --- Cost-effectiveness analysis. --- Cost–benefit analysis. --- Counterexample. --- Demand curve. --- Derivative. --- Determinant. --- Differentiable function. --- Differential calculus. --- Differential equation. --- Differential form. --- Divisia index. --- Economic equilibrium. --- Economics. --- Einstein notation. --- Equivalence relation. --- Explicit formulae (L-function). --- Factorization. --- Frobenius theorem (differential topology). --- Function (mathematics). --- Functional equation. --- General equilibrium theory. --- Heine–Borel theorem. --- Hessian matrix. --- Homogeneous function. --- Idempotence. --- Identity (mathematics). --- Identity matrix. --- Inequality (mathematics). --- Inference. --- Infimum and supremum. --- Integrating factor. --- Interdependence. --- Interval (mathematics). --- Inverse demand function. --- Inverse function theorem. --- Inverse function. --- Invertible matrix. --- Lagrange multiplier. --- Lagrangian (field theory). --- Lagrangian. --- Law of demand. --- Limit point. --- Line segment. --- Linear function. --- Linear inequality. --- Linear map. --- Linearity. --- Logical disjunction. --- Marginal cost. --- Mathematical induction. --- Mathematical optimization. --- Maxima and minima. --- Monotonic function. --- Ordinary differential equation. --- Orthogonal complement. --- Oskar Morgenstern. --- Pareto efficiency. --- Partial derivative. --- Permutation. --- Preference (economics). --- Price index. --- Principal part. --- Production function. --- Production theory. --- Quasiconvex function. --- Recursive definition. --- Reductio ad absurdum. --- Regular matrix. --- Requirement. --- Row and column vectors. --- Samuelson condition. --- Second derivative. --- Sign (mathematics). --- Special case. --- Statistic. --- Support function. --- Symmetric relation. --- Theorem. --- Theory. --- Transpose. --- Upper and lower bounds. --- Utility. --- Variable (mathematics). --- Welfare economics.