This paper proposes a general equilibrium model with the entrepreneurial sector for Russian economy. The novelty of lies in several points. First, is small open Second, it includes sector. Third, reflects main features Five experiments were conducted, which steady states and transitions computed. These included: (1) an export price shock, (2) redistribution government consumption between corpor...

This paper presents a series of dynamical states using an idealized three-dimensional general circulation model with gray radiation and latent heat release. Beginning with the case of radiative–convective equilibrium, an eddy-free two-dimensional state with zonally symmetric flow is developed, followed by a threedimensional state that includes baroclinic eddy fluxes. In both dry and moist cases...

An analytic radiative-equilibrium model is formulated where both shortand longwave radiation are treated as two-stream (downand upward) fluxes. An equilibrium state is defined in the model by the vertical temperature profile. The sensitivity of any such state to the model atmosphere’s optical properties is formulated analytically. As an example, this general formulation is applied to a single-c...

This paper introduces a new and computationally inexpensive method to test for uniqueness of equilibrium in exchange economies. ( 1999 Published by Elsevier Science B.V. All rights reserved. JEL classixcation: C63; C68; D58

We argue that the rationalization gains often predicted by static applied general equilibrium models with imperfect competition and scale economies are arti ̄cially boosted by an unrealistic treatment of ̄xed costs. We introduce sunk costs into one such model calibrated with real-world data. We show how this changes the oligopoly game in a way signi ̄cant enough to a®ect, both qualitatively and q...

interest rate ad valorem tariffs are considered as the most prominent trade tools extensively used in the framework of spatial equilibrium models (sems) to analyze agricultural and food trade policies around the world. however the results obtained from such models have been criticized because of their inadequacy in producing any observed data within the base period. hence a positive spatial and...