How Reliable Are ORAN I Conclusions?
AbstractThis paper seeks to systematically review the main criticisms of the ORANI model by dev eloping a graphical version of a two-sector (exportables and nonexpor tables) miniature ORANI model. This model shows that ORANI results oc cur because while supply curves in both sectors have similar slopes, the slopes of the demand curves are polar opposites. Furthermore, res ults tend to be more sensitive to variations in supply rather than de mand parameters. Experiments using the ORANI model itself verified th ese findings. Some form of sensitivity analysis with respect to assig ned parameter values should form an integral part of any ORANI experi ment. Copyright 1987 by The Economic Society of Australia.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by The Economic Society of Australia in its journal The Economic Record.
Volume (Year): 63 (1987)
Issue (Month): 180 (March)
Contact details of provider:
Postal: Central Council Administration, L.P.O. Box 2161, Hawthorn VIC 3122
Phone: 61 3 9497 4140
Fax: 61 3 9497 4140
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0013-0249
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Verikios, George, 2005.
"A Model of the World Wool Market,"
2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia
139293, Australian Agricultural and Resource Economics Society.
- Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2007.
"How confident can we be of CGE-based assessments of Free Trade Agreements?,"
Elsevier, vol. 24(4), pages 611-635, July.
- Hertel, Thomas & David Hummels & Maros Ivanic & Roman Keeney, 2003. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," GTAP Working Papers 1324, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Thomas Hertel & David Hummels & Maros Ivanic & Roman Keeney, 2004. "How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?," NBER Working Papers 10477, National Bureau of Economic Research, Inc.
- Robert M´barek & Ivelin Iliev Rizov, 2013. "European Coexistence Bureau. Best Practice Documents for coexistence of genetically modified crops with conventional and organic farming. 3. Coexistence of genetically modified maize and honey product," JRC-IPTS Working Papers JRC84850, Institute for Prospective and Technological Studies, Joint Research Centre.
- Touhami Abdelkhalek & Jean-Marie Dufour, 1998.
"Statistical Inference For Computable General Equilibrium Models, With Application To A Model Of The Moroccan Economy,"
The Review of Economics and Statistics,
MIT Press, vol. 80(4), pages 520-534, November.
- ABDELKHALEK, Touhami & DUFOUR, Jean-Marie, 1997. "Statistical Inference for Computable General Equilibrium Models with Application to a Model of the Moroccan Economy," Cahiers de recherche 9713, Universite de Montreal, Departement de sciences economiques.
- Axel Tonini & Jerzy Michalek & Thomas Fellmann & Robert M'baretk & Jacques DelincÃ© & George Philippidis & Maciej Bukowski & Piero Conforti & Alexandre Gohin & Andrey Krasovskii & Hans Van Meijl & D, 2013. "Simulating long term effects of policies in the agrifood sector: requirements, challenges and recommendations," Working Papers 222739, Institut National de la Recherche Agronomique, France.
- Hillberry, Russell & Hummels, David, 2013. "Trade Elasticity Parameters for a Computable General Equilibrium Model," Handbook of Computable General Equilibrium Modeling, Elsevier.
- DeVuyst, Eric A. & Preckel, Paul V., 1997. "Sensitivity analysis revisited: A quadrature-based approach," Journal of Policy Modeling, Elsevier, vol. 19(2), pages 175-185, April.
- Joshua Elliott & Meredith Franklin & Ian Foster & Todd Munson & Margaret Loudermilk, 2012. "Propagation of Data Error and Parametric Sensitivity in Computable General Equilibrium Models," Computational Economics, Society for Computational Economics, vol. 39(3), pages 219-241, March.
- Michael Malakellis & Matthew Peter, 1991. "Stimulation of Employment in Neo-Classical Models," Centre of Policy Studies/IMPACT Centre Working Papers ip-49, Victoria University, Centre of Policy Studies/IMPACT Centre.
- Hertel, Thomas, 2013. "Global Applied General Equilibrium Analysis Using the Global Trade Analysis Project Framework," Handbook of Computable General Equilibrium Modeling, Elsevier.
- Rickman, Dan S., 1995. "A bayesian analysis of the use of pooled coefficients in a structural regional economic model," International Journal of Forecasting, Elsevier, vol. 11(3), pages 477-490, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.