Examples of using Partial equilibrium in English and their translations into Russian
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This is a multisector partial equilibrium model.
Box 9.2 Partial equilibrium models(selected examples and references) The GSIM model.
Richardson(1993)2 pioneered sanctions evaluation using the partial equilibrium model.
The framework is partial equilibrium and static.
The general equilibrium model fills the interaction gap left by partial equilibrium models.
Partial equilibrium models also do not address macroeconomic questions relating to international competitiveness effects.
General equilibrium theory contrasts to the theory of partial equilibrium, which only analyzes single markets.
A simple illustration of a partial equilibrium single importer Armington model, from Francois and Hall, Chapter 5 in Applied Methods for Trade Policy Analysis: A Handbook.
In addition, UNCTAD, in collaboration with FAO under a project financed by the Governmentof the United Kingdom, developed a partial equilibrium model, the"Agriculture Trade Policy Simulation Model" ATPSM 2002.
A simple illustration of a partial equilibrium perfect-substitutes model from Francois and Hall, Chapter 5 in Applied Methods for Trade Policy Analysis: A Handbook, J.F.
He highlighted two types of model, historical econometric models and future-oriented models this latter group includes integrated assessment models,general or partial equilibrium models and agent-based models.
Although CGE models provide a wider scope of numerical results than partial equilibrium models, the accuracy of the results depends on the accuracy of the assumptions and data.
The partial equilibrium model makes it possible to examine the welfare impacts of economic sanctions on the markets involved; the general equilibrium model links restricted markets and sectors to all other markets in the economy.
These variables andsupply-and-demand functions are part of the partial equilibrium model that the study used for establishing national reference levels.
Hence, some kind of partial equilibrium model(i.e. a model that will focus at least on GHG emissions effects) must be used to quantify the broader effects of subsidy reforms in the EECCA countries.
Prognostication of development of the funded system of mandatory state pension insurance of Ukraine is carried out on developed scenarios to 2050 year on the basis of mathematical model of dynamics of functioning of the story pension system and model of partial equilibrium.
Davenport(1995) draws conclusions, based on a partial equilibrium trade model, with respect to clothing exports, and projects a clothing trade diversion of 3.5 percent between US $13.1 and $17.6 million.
In addition, UNCTAD, in collaboration with the Food and Agriculture Organisation(FAO) under a project financed by the UK Department for International Cooperation,has developed a partial equilibrium model- the"Agriculture Trade Policy Simulation Model" ATPSM2002.
Nonetheless, there are interesting insights to be gained from the study of partial equilibriums, and suggestive evidence can be adduced from such studies of specific interventions to support its positive impact on economic growth, if not quantify it exactly.
The macroeconomic models, or macroeconomic part of the models when an integrated model was used, were either general equilibrium models, e.g. CGE-PL(Poland), VATT and KESU(Finland), KEO(Japan), MULTIMAC(Austria), GTEM(Australia)and MSG(Norway), or partial equilibrium models, e.g. the SADEM model New Zealand.
Partial equilibrium analysis indicates that major beneficiaries are the highly protected developed countries with major gains among DCs falling upon exporters of protected products in all DC continents wheat, beef, sugar, rice and dairy products.
Table 7(on page 16) presents the results of a simulation involving a scenario of totalerosion of trade preferences, on the basis of a partial equilibrium model applied to some of the tariff lines examined earlier and to the trade flows that effectively took place under preferential terms.
A limitation of partial equilibrium models in general is their inability to distinguish between sectors, which mitigates substitution or input cost effects on other sectors due to sanctions in one sector-the second-order effects on goods or sectors not targeted as a result of sanctions on a targeted sector.
To assess the total effect of policies andmeasures in the future, in most cases Parties used complex macroeconomic equilibrium or partial equilibrium models, or models combining the features of macroeconomic models with engineering bottom-up models optimization and simulation.
Some Parties used a single modelfor their energy-related projections; for example, New Zealand used a partial equilibrium model for this purpose, Italy used a bottom-up dynamic model, and Russia used a simple trend analysis linking projections of CO2 emissions with energy intensity of GDP and carbon intensity of the fuel supply mix.
To assess the total effect of policies and measures in the future,In most cases Parties used in most cases complex macroeconomic equilibrium or partial equilibrium models, or models combining the features of macroeconomic models with engineering bottom-up models(optimization and simulation)., to assess the total future effect of policies and measures.
However, since this approach could beconstrained by data availability, another approach could be to concentrate on partial equilibrium models focusing on a particular product market in a particular country or group of countries and using"handcrafted" estimates, even though in this case policy makers and negotiators would still be missing a broad and comprehensive assessment of the impact of various NTBs.
Nonetheless, there are interesting insights to be gained from the study of partial equilibria, and suggestive evidence can be adduced from such studies of specific interventions to support its positive impact on economic growth, if not quantify it exactly.
Chemical reactions are introduced to hydrodynamic simulation within the framework of a partial local equilibrium assumption.
The method permitted to measure equilibrium partial pressure of components, temperatures of the vapor-melt system in the wide range values up to~2600oC.