Scarcity and Growth: The Economics of Natural Resource

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I will express skepticism about this notion in the concluding section. [2] See Irma Adelman's useful discussion of simulation models in the New Palgrave: Econometrics (Eatwell, Milgate, and Newman, eds., 1990). [4] Sherman Robinson and Laura D'Andrea Tyson address this feature of CGE models in "Modeling structural adjustment: micro and macro elements in a general equilibrium framework;" Scarf and Shoven, eds., 1984. [5] Herbert Scarf pioneered a solution technique for general equilibrium models based on the Brouwer fixed-point theorem and a method of piecewise-linear approximations of the equilibrium condition.

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Publisher: The Johns Hopkins Press (1967)


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