Effects of the Global Financial and Economic Crisis on the Bolivian Economy: A CGE Approach

التفاصيل البيبلوغرافية
العنوان: Effects of the Global Financial and Economic Crisis on the Bolivian Economy: A CGE Approach
المؤلفون: Cicowiez, Martin, Machicado, Carlos Gustavo
بيانات النشر: Universidad Nacional de La Plata, Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS)
سنة النشر: 2011
المجموعة: EconStor (German National Library of Economics, ZBW)
مصطلحات موضوعية: ddc:330, C68, G01, E17, Computable General Equilibrium Model, Financial Crisis, Forecasting and Simulation, Finanzkrise, Wirkungsanalyse, CGE-Modell, Allgemeines Gleichgewicht, Sozialrechnungsmatrix, Bolivien
الوصف: This paper analyses the impact of the Global Financial Crisis on the Bolivian economy. The PEP 1-1 Standard Model has been employed to analyze the effects of a reduction in (i) the world export prices of mining and agriculture, (ii) the world demand of textiles, and (iii) transfers to households (i.e., remittances) from abroad. The model has been calibrated to a new 2006 SAM for Bolivia. The households have been disaggregated according to their location (urban and rural) and ethnicity (indigenous and non-indigenous). The factors of production have been disaggregated into skilled and unskilled labor, capital, and natural resources. Not surprisingly, our results highlight the relevance of the decrease in the export price of natural gas in explaining the negative effects of the Global Financial Crisis.
نوع الوثيقة: report
اللغة: English
Relation: Series: Documento de Trabajo; No. 115; gbv-ppn:647518198; http://hdl.handle.net/10419/127628; RePEc:dls:wpaper:0115
الاتاحة: http://hdl.handle.net/10419/127628
Rights: http://www.econstor.eu/dspace/Nutzungsbedingungen
رقم الانضمام: edsbas.62F09F68
قاعدة البيانات: BASE