Terry L. Roe, Rodney B.W. Smith, D. Sirin Saracoglu, "Multisector Growth Models: Theory and Application"
Springer | 2009 | ISBN: 0387773576 | 329 pages | PDF | 2.17 MB


This book provides a reader with a practical foundation in generalequilibrium theory, embeds the theory in a multi-sector dynamicframework, discusses how to practically link the theory to realeconomic data, and provides clear instructions on how to use existingsoftware – in this case Mathematica – to construct model simulationsfor policy and other analysis. This book pulls it all together in aconceptually sound, yet practical, manner, and brings the theory tolife. A unique feature is the integration of traditional static tradetheory into modern neoclassical growth theory so the reader has thesense of building upon known constructs as opposed to learning asequence of different models. The book provides several examples ofreal economic problems with policy interests and shows how to "bringthese problems to life" with theory and data.