An Extended Scenario and Adjustment Model for Developing Countries /

This paper discusses three important extensions to the developing country scenario and adjustment model used in the World Economic Outlook exercises. First, the model is augmented to include fiscal and monetary sectors and now explicitly captures links among government policy, investment, output and...

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Príomhchruthaitheoir: Samiei, Hossein
Rannpháirtithe: Bassett, Sheila, Kumar, Manmohan
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1993.
Sraith:IMF Working Papers; Working Paper ; No. 1993/073
Rochtain ar líne:Full text available on IMF
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020 |z 9781451849387 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Samiei, Hossein. 
245 1 3 |a An Extended Scenario and Adjustment Model for Developing Countries /  |c Hossein Samiei, Manmohan Kumar, Sheila Bassett. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1993. 
300 |a 1 online resource (60 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper discusses three important extensions to the developing country scenario and adjustment model used in the World Economic Outlook exercises. First, the model is augmented to include fiscal and monetary sectors and now explicitly captures links among government policy, investment, output and inflation. Second, the external sector is modified to allow domestic demand factors to influence imports, as well as allowing flexibility in the financing of imports. Third, the model system is extended to the group of net-creditor countries, and for the oil exporters within this group, oil exports are modeled separately. The revised model is estimated for each of the 95 developing countries and parameter estimates for each of the main equations are presented. The paper also reports the results of four simulation exercises to illustrate how the new model system may be used to quantify the effects of changes in domestic policies and in the external environment. 
538 |a Mode of access: Internet 
700 1 |a Bassett, Sheila. 
700 1 |a Kumar, Manmohan. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1993/073 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1993/073/001.1993.issue-073-en.xml  |z IMF e-Library