Sentence examples for partial equilibrium welfare from inspiring English sources

Third, partial equilibrium welfare calculations are extremely poor predictors of their general equilibrium counterparts.

Our general equilibrium simulations allow housing prices to re-equilibrate in response to policy-induced demand shifts, demonstrating that as the scale of intervention becomes larger, general equilibrium and partial equilibrium welfare measures increasingly diverge.

Seeking to be practical, he applied his "partial equilibrium analysis" to particular markets and industries.

One of the stereotyped insults economists throw at one another is that a piece of analysis is "partial equilibrium".

Partial equilibrium.

Within a partial equilibrium framework that notably excludes interactions between transportation and choice of location (see section 5), the UK's Transport Analysis Guidance (TAG) [46] recommends first appraising welfare gains linked to lower production costs in sectors with imperfect competition.

We focus on the partial equilibrium effects.

Our analysis of this change is partial equilibrium.

The current review includes studies that have used partial equilibrium models and computable general equilibrium models.

While VAT is a general equilibrium policy, its impact has been primarily considered in partial equilibrium contexts.

A theoretical partial equilibrium model is developed, showing that permits taxation distorts the equilibrium price and abatement efforts.