scholarly journals Economic-Demographic Simulation Models: A Review of Their Usefulness for Policy Analysis.

1980 ◽  
Vol 6 (4) ◽  
pp. 675
Author(s):  
G. McN. ◽  
Warren C. Sanderson
Keyword(s):  
Policy Analysis ◽  
Simulation Models ◽  
Demographic Simulation

Conjoining an Input-Output Model and a Policy Analysis Model: A Case Study of the Regional Economic Effects of Expanding a Port Facility

1981 ◽  
Vol 13 (8) ◽  
pp. 1029-1038 ◽  
Author(s):  
B H Stevens ◽  
G I Treyz ◽  
J K Kindahl
Keyword(s):  
Policy Analysis ◽  
Simulation Models ◽  
Economic Effects ◽  
Input Output ◽  
Analysis Model ◽  
General Applicability ◽  
Distinctive Features ◽  
The Cost ◽  
Port Facility

A 484-sector Massachusetts static input-output (MIO) model is conjoined with the Massachusetts Economic Policy Analysis (MEPA) model which includes supply relationships, industrial location responses to changing costs, and a production function allowing substitution among inputs. This makes it possible to draw upon the distinctive features of both models. The technique is demonstrated by a study that analyzes the effect on the Massachusetts economy of the expansion of a container port facility at Boston. The approach presented here has general applicability to policy analysis and planning studies that require both the detailed regional interindustry interactions captured by a disaggregated input-output model and the cost, price, supply, location, and demand interdependencies which are endogenous in the best regional forecasting and policy simulation models.

Agent-Based Macroeconomic Modeling and Policy Analysis

2018 ◽  
Author(s):  
Herbert Dawid ◽  
Simon Gemkow ◽  
Philipp Harting ◽  
Sander van der Hoog ◽  
Michael Neugart
Keyword(s):  
Policy Analysis ◽  
Simulation Models ◽  
Proof Of Concept ◽  
Agent Based Model ◽  
Agent Based Models ◽  
Agent Based Simulation ◽  
Agent Based ◽  
Modeling Approaches ◽  
Macroeconomic Modeling ◽  
Spatial Policy

This chapter introduces the Eurace@Unibi model, one of the agent-based simulation models that are relatively new additions to the toolbox of macroeconomists, and the research that has been done within this framework. It shows how an agent-based model can be used to identify economic mechanisms and how it can be applied to spatial policy analysis. The assessment is that agent-based models in economics have passed the proof-of-concept phase and it is now time to move beyond that stage. It has been shown that new kinds of insights can be obtained that complement established modeling approaches. The chapter concludes by pointing toward some potentially fruitful areas of agent-based macroeconomic research.

A Model-Based Exploration and Policy Analysis Related to Prostitution and Human Trafficking

2014 ◽  
Vol 3 (4) ◽  
pp. 36-64 ◽  
Author(s):  
András Kővári ◽  
Erik Pruyt
Keyword(s):  
System Dynamics ◽  
Policy Analysis ◽  
Simulation Model ◽  
Human Trafficking ◽  
Simulation Models ◽  
Dynamics Simulation ◽  
Supply Side ◽  
Demand Side ◽  
Deep Uncertainty ◽  
Model Based

This paper presents a model-based exploration and policy analysis related to prostitution and prostitution-related human trafficking. After a brief introduction to prostitution and prostitution-related human trafficking, the paper zooms in on the Dutch situation. A System Dynamics simulation model related to the Dutch situation developed to explore and provide policy insights is subsequently presented. Using the simulation model, policies are first of all tested, and preliminary conclusions are drawn. These preliminary conclusions are further tested under deep uncertainty, using variants of the simulation models. The final conclusions are that supply side measures alone are counter-productive and that demand side measures are necessary but insufficient to solve prostitution-related human trafficking.

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