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Author(s)
Description / Abstract

The book details the innovative TERM (The Enormous Regional Model) approach to regional and national economic modeling, and explains the conversion from a comparative-static to a dynamic model.

  • Case studies explore internationally relevant policy implications.
  • Provides the full theoretical basis of a CGE model with water accounts that distinguish between dry-land and irrigation agriculture.
  • Combines localised regional analysis with broader national implications.
  • Includes detailed structural analysis as a starting point for explaining modeled outcomes.
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English