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The past, present and future of policy modeling

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  • Ruiz Estrada, Mario Arturo
  • Park, Donghyun

Abstract

We evaluate the past, present, and future of policy modeling from both qualitative and quantitative perspectives. We do this through an extensive review and analysis of papers published in the Journal of Policy Modeling between 1978 and 2018. Over the years the focus of the policy modeling literature (and the Journal) changed. The changes were in research topics, approaches, techniques, theories, methods, and analytical tools as required for the rigorous analysis of complex and dynamic economic phenomena in policy modeling.

Suggested Citation

  • Ruiz Estrada, Mario Arturo & Park, Donghyun, 2018. "The past, present and future of policy modeling," Journal of Policy Modeling, Elsevier, vol. 40(1), pages 1-15.
    • Handle: RePEc:eee:jpolmo:v:40:y:2018:i:1:p:1-15
    DOI: 10.1016/j.jpolmod.2018.01.003
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    References listed on IDEAS

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    1. Estrada, Mario Arturo Ruiz & Yap, Su Fei, 2013. "The origins and evolution of policy modeling," Journal of Policy Modeling, Elsevier, vol. 35(1), pages 170-182.
    2. Ruiz Estrada, Mario Arturo, 2011. "Policy modeling: Definition, classification and evaluation," Journal of Policy Modeling, Elsevier, vol. 33(4), pages 523-536, July.
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    Cited by:

    1. Ruiz Estrada Mario Arturo & Evangelos Koutronas & Donghyun Park, 2019. "The economic Gordian Knot of Brexit: an East and Southeast Asian perspective," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(6), pages 2797-2820, November.
    2. Pastore, Francesco, 2020. "The quasi-market of employment services in Italy," Journal of Policy Modeling, Elsevier, vol. 42(6), pages 1248-1269.
    3. Mario Arturo Ruiz Estrada & Evangelos Koutronas & Donghyun Park & Alam Khan & Muhammad Tahir, 2023. "The impact of COVID-19 on the economic performance of Wuhan, China (2019–2021)," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(1), pages 847-862, February.
    4. Imran Khan & Zuhaba Nawaz & Bilal Bin Saeed, 2021. "Does trade openness and FDI reduce inequality? Evidence from South Asia," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 6459-6470, October.
    5. Mario Arturo Ruiz Estrada & Donghyun Park & Anthony T. H. Chin, 2020. "Measuring Wine Industry Efficiency with Wine Industry Network Evaluation Model (WINE-Model)," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 14(3), September.
    6. Francesca Varia & Dario Macaluso & Ida Agosta & Francesco Spatafora & Giovanni Dara Guccione, 2021. "Transitioning towards Organic Farming: Perspectives for the Future of the Italian Organic Wine Sector," Sustainability, MDPI, vol. 13(5), pages 1-15, March.
    7. Estrada, Mario Arturo Ruiz & Park, Donghyun, 2019. "The Application of the Gross City Development Index (GCD-Index) in Tokyo, Japan," Economic Analysis and Policy, Elsevier, vol. 62(C), pages 37-46.
    8. Kala, Kaveri & Bolia, Nomesh B. & Sushil,, 2020. "Waste management communication policy for effective citizen awareness," Journal of Policy Modeling, Elsevier, vol. 42(3), pages 661-678.
    9. Mario Arturo Ruiz Estrada & Donghyun Park & Alam Khan & Muhammad Tahir, 2019. "Is terrorism, poverty, and refugees the dark side of globalization?," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(4), pages 1823-1835, July.

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    More about this item

    Keywords

    Policy modeling; Economic modelling; Research in policy modeling; Teaching of policy modeling; Econophysics;
    All these keywords.

    JEL classification:

    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes

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