3 Compensatory and Equivalent Variations: Two Types of Welfare Measurement

Kapitel in diesem Buch

1. Frontmatter i
2. Contents vii
3. Acknowledgements xi
4. Summary xii
5. PART I: Generalities and Scope of the Book
6. 1 Generalities 2
7. PART II: Statistical Theory of Information and Generalised Inverse Problem
8. 1 Information and its Main Quantitative Properties 16
9. 2 Ill-posed Inverse Problem Solution and the Maximum Entropy Principle 22
10. Part III: Updating and Forecasting Input-Output Transaction Matrices
11. 1 Introduction 54
12. 2 The System of National Accounts 55
13. 3 The Input-Output (IO) Table and its Main Application 56
14. PART IV: Social Accounting Matrix
15. 1 Position of the Problem 88
16. 2 A SAM as a Walrasian Equilibrium Framework 90
17. 3 The Social Accounting Matrix (SAM) Framework 93
18. 4 Balancing a SAM 97
19. 5 A SAM and Multiplier Analysis: Economic Linkages and Multiplier Effects 117
20. PART V: Computable General Equilibrium Models
21. 1 A Historical Perspective 134
22. 2 The CGE Model Among Other Models 137
23. 3 Optimal Behaviour and the General Equilibrium Model 138
24. 4 From a SAM to a CGE Model: a Cobb-Douglas Economy 143
25. 5 Estimating the CGE Model through the Maximum Entropy Principle 151
26. Part VI: From Equilibrium to Real World Disequilibrium: An Environmental Model
27. 1 Introduction 176
28. 2 Extending to an Environmental Model 179
29. 3 Compensatory and Equivalent Variations: Two Types of Welfare Measurement 185
30. 4 A Theoretical Example: CGE Model and Double-Dividend (DD)-Oriented Policies 187
31. 5 Conclusions 190
32. Part VII: Concluding Remarks
33. Conclusions 196
34. Appendix 198
35. Index of Subject 208
36. Index of Authors 209
37. Corrections to second edition 210