Taylor Economy Wide Models And Development Planning

The status of planning: an overview; Models and policy: the dialogue between model builder and planner; Theoretical foundations and technical implications; Quantitative foundations and implications of planning processes; Intersectoral consistency and macroeconomic planning; The foreign trade sector in planning models; Employment and human capital formation; Planning models, shadow prices, and project evaluation; Planning for multiple goals; Interindustry planning models for a multiregional economy; Planning with economies os scale; Substitution and nonlinearities in planning models.

Presents 18 papers on the role of government in economic development and management. Vol. I contains the views of a group of economists convened by the Department for Economic and Social Information and Policy Analysis of the United Nations. Vol. II contains selected companion papers prepared to complement the group's work on the following topics: economic policy, human resources, institutions and finance.

The semi-input-output method was introduced by Professor Jan Tinbergen in the early 1960's in fairly obscure places in the economic literature. The basic idea of the method is a very simple one and does not require lengthy and sophisticated exposition to be understood. This fact, together perhaps with Tinbergen's dislike for very formalized and technical analysis, probably explains why he himself has never given a full exposition and elaboration of this method. Nevertheless, the concept did not remain unnoticed and authors such as B. Hansen and some of Tinbergen's collaborators, in particular P. A. Cor nelisse and J. Versluis, have contributed to the elaboration of the method. The present work by Dr. A. Kuyvenhoven, also a long-time collaborator of Tinbergen, has provided us with the first full, and in my opinion definite, exposition of the nature, technique and use of the semi-input output method, now more than 15 years after the launching of the concept.

Reorientation from economic controls to a market-based approach led to significant changes in the economic policy of developing countries in the 1980s. Yet, with governments continuing to exercise economic management to accelerate growth beyond that achieved by market forces, techniques and models of development planning are still an integral feature of development policy management. Development Policy and Planning provides a non-technical explanation of the main techniques and models used for economic policy formulation. Each technique is illustrated in application through practical examples.

Economic Structure and Performance: Essays in Honor of Hollis B. Chenery briefly reviews the work of Hollis Chenery in the field of economics. This book discusses the underlying themes in Chenery's work, including structure, strategy, adjustment, and models. Organized into four parts encompassing 26 chapters, this book begins with an overview of the patterns of structural change and their relation to growth. This text then examines the objectives, measures, and implementation of policy, as well as administrative capabilities and cultural characteristics. Other chapters compare Chenery's econometric analysis of development patterns with the historical analyses and suggest that the two approaches complement each other. This book discusses as well the persistence of disequilibrium in segments of the economy. The final chapter deals with simple criteria for detecting critical interdependencies and a formula for measuring their welfare consequences. This book is a valuable resource for economists, industrialists, foreign capitalists, and social scientists.