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- W654984080 abstract "One empirical and two methodological concerns form the basis of this paper: (i) the empirical concern is to estimate income multipliers associated with foreign trade for Portugal; (ii) one methodological concern is how to efficiently incorporate into general equilibrium models the data set which is provided by social accounting matrices; and (iii) the other methodological concern is the extension of a class of computable general equilibrium models to a more meaningful macroeconomic specification. Not all of the paper's objectives have been fulfilled completely. Probably the most adequately treated issue is the second methodological one, of extending the computable general equilibrium models. Second in order of completeness is the issue of incorporating a SAM into a price-endogenous, economy-wide model, but a SAM alone does not provide all the information required and there are several alternative paths of departure from the SAM. Finally, the Portuguese multipliers should be regarded as very preliminary estimates, which are sensitive to specifications of import functions and to factor pricing rules." @default.
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- W654984080 date "1982-03-01" @default.
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- W654984080 title "Foreign trade and factor incomes in Portugal : an application of a general equilibrium model" @default.
- W654984080 hasPublicationYear "1982" @default.
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