Quantitative Methods for Market-oriented Economic Analysis Over Space and Time PDF Download

Author: Walter C. Labys
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 346

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Author: Jeroen C.J.M.van den Bergh
Publisher: Springer Science & Business Media
ISBN: 3642800807
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
Prices and quantities of both stock and flow variables in an economic system are decisively influenced by their spatial coordinates. Any equilibrium state also mirrors the underlying spatial structure and a tatonnement process also incorporates the spatial ramifications of consumer and producer behaviour. The recognition ofthe spatial element in the formation of a general equilibrium in a complex space-economy already dates back to early work of LOsch, Isard and Samuelson, but it reached a stage of maturity thanks to the new inroads made by T. Takayama. This book is devoted to spatial economic equilibrium (SPE) analysis and is meant to pay homage to the founding father of modern spatial economic thinking, Professor Takayama. This book witnesses his great talents in clear and rigorous economic thinking regarding an area where for decades many economists have been groping in the dark. Everybody who wants to study the phenomenon of spatial economic equilibrium will necessarily come across Takayama's work, but this necessity is at the same time a great pleasure. Studying his work means a personal scientific enrichment in a field which is still not completely explored. The present volume brings together recent contributions to spatial equilibrium analysis, written by friends and colleagues of Takayama. The structure of the book is based on four main uses of spatial equilibrium models: (i) the imbedding of spatial flows in the economic environment, related to e.g.

Author: Peter V. Schaeffer
Publisher: John Wiley & Sons
ISBN: 047031723X
Category : Business & Economics
Languages : en
Pages : 345

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Book Description
Commodity Modeling and Pricing provides extensions and applications of state-of-the-art methods for analyzing resource commodity behavior. Drawing from the seminal work of Professor Walter Labys on the development of econometric methods for forecasting commodity prices, this collection of essays features expert contributors ranging from practitioners in private industry, public sector, and nongovernmental organizations to scholars in higher education–all of whom were Labys's former students or collaborators. Filled with in-depth insights and expert advice, Commodity Modeling and Pricing contains the information you need to excel in this demanding environment.

Author: Walter C. Labys
Publisher: Springer Science & Business Media
ISBN: 1461551013
Category : Business & Economics
Languages : en
Pages : 180

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This book provides a framework for analyzing and forecasting a variety of mineral and energy markets and related industries. Such modeling activity has been at the forefront of the economic and engineering professions for some time, having received a major stimulus fC?llowing the first oil price shock in 1973. Since that time, other shocks have affected these markets and industries, causing disequilibrium economic adjustments which are difficult to analyze and to predict. Moreover, geopolitics remains an important factor which can destabilize crude oil markets and associated refining industries. Mineral and energy modeling, consequently, has become a major interest of energy-related corporations, mining and drilling companies, metal manufacturers, public utilities, investment banks,. national government agencies and international organizations. This book hopes to advance mineral and energy modeling as follows: (1) The modeling process is presented sequentially by leading the model builder from model specification, estimation, simulation, and validation to practical model applications, including explaining history, analyzing policy, and market and price forecasting; (2) New developments in modeling approaches are presented which encompass econometric market and industry models, spatial equilibrium and programming models, optimal resource depletion models, input-output models, economic sector models, and macro oriented energy interaction models (including computable general equilibrium); (3) The verification and application of the models is considered not only individually but also in relation to the performance of alternative modeling approaches; and (4) The modeling framework includes a perspective on new directions, so that the present model building advice will extend into the future.

Author: Walter C. Labys
Publisher: Routledge
ISBN: 1351917080
Category : Business & Economics
Languages : en
Pages : 247

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Recent economic growth in China and other Asian countries has led to increased commodity demand which has caused price rises and accompanying price fluctuations not only for crude oil but also for the many other raw materials. Such trends mean that world commodity markets are once again under intense scrutiny. This book provides new insights into the modeling and forecasting of primary commodity prices by featuring comprehensive applications of the most recent methods of statistical time series analysis. The latter utilize econometric methods concerned with structural breaks, unobserved components, chaotic discovery, long memory, heteroskedasticity, wavelet estimation and fractional integration. Relevant tests employed include neural networks, correlation dimensions, Lyapunov exponents, fractional integration and rescaled range. The price forecasting involves structural time series trend plus cycle and cyclical trend models. Practical applications focus on the price behaviour of more than twenty international commodity markets.

Author: Walter C. Labys
Publisher: World Bank Publications
ISBN:
Category : Commercial products
Languages : en
Pages : 57

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A review of the state of the art of Bank commodity modeling for forecasting and analysis of supplies, demand, and prices.

Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 1120

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Author: OECD
Publisher: OECD Publishing
ISBN: 9264180184
Category :
Languages : en
Pages : 273

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This publication compiles eight case studies undertaken as part of an OECD study on how economic support measures actually affect the economy and, as a result, the environment. These case studies analyse the effects of particular support schemes and/or the possibilities for their reform.

Author:
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 274

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Author: W.W. Heck
Publisher: Springer Science & Business Media
ISBN: 9400913672
Category : Technology & Engineering
Languages : en
Pages : 549

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Book Description
During late 1985, the Research Management Committee (RMC) of the National Crop Loss Assessment Network (NCLAN) decided the most ap propriate way to bring the NCLAN program to a successful conclusion was to hold an international conference. It was envisaged as an opportunity to present an overview of results from the NCLAN program and as a chance to view the results in the context of ongoing research by members of the international community. * Although we wanted the Conference to have an assessment orientation, it was also intended for the Conference to focus on current state-of-knowledge. The Conference was designed to overview the needs of crop loss assessment, current approaches to assessment, progress in the development of predictive models, the use of the information for economic predictions, and the application of the data in policy decisions. Every effort was made to assure a broad representation of ideas. The Conference program was developed to evaluate major issues that address regional/national assessments of impacts of atmospheric pollutants on agricultural production. Sessions were structured to address specific issues by invited speakers, and by contributed papers and posters. First, background needs for doing loss assessment research including specific approaches and a rather detailed review of the NCLAN program were addressed (Session I). Session II addressed the needs for defining the exposure environment (e. g. extrapolating to regional concentrations and exposure characterization). Field approaches for determining crop loss were reviewed in Session III.