Quantitative development policy analysis : Exercise solutions

Suitable for formal instruction, for self-study, and as an invaluable source of information, this companion volume to Quantitative Development Policy Analysis features practice exercises, solutions, and discussions - and comes with IBM and Macintosh diskettes. High-quality policy design and informed policy debates require rigorous conceptualisation and quantification of the economic implications of policy options. In recent years, the array of methods available for this purpose has expanded on many fronts, ranging from the micro to the sectorial and macro levels, and from the analysis of markets to that of public goods and of technological and institutional alternatives. Quantitative Development Policy Analysis reviews and extends these methods, pushing each subject to the frontiers of knowledge and yet presenting materials in an accessible fashion. Accompanied by diskette with the exercises discussed in the book, it is both a reference book for policy analysts and a text for graduate students who wish to apply quantitative methods to policy analysis. The book is organised around twelve subjects and twelve computer exercises. The subjects develop in a systematic fashion the theories and methods for the analysis of consumer demand, producer behaviour, supply response, behaviour and welfare under risk, household models, price distortions and partial equilibrium analysis, real exchange rate analysis, transactions costs and agrarian institutions, social accounting matrices, multimarket models, and computable general equilibrium models.