European review of economic history, 2002-08, Vol.6 (2), p.165-191
2002
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Details
- Autor(en) / Beteiligte
- Titel
- Computational general equilibrium models in economic history and an analysis of British capitalist agriculture
- Ist Teil von
- European review of economic history, 2002-08, Vol.6 (2), p.165-191
- Ort / Verlag
- Cambridge, UK: Cambridge University Press
- Erscheinungsjahr
- 2002
- Quelle
- Oxford Journals 2020 Humanities
- Beschreibungen/Notizen
- A general equilibrium arbitrated by prices arising from consumers and firms interacting in markets is a core idea in economic analysis and provides powerful insight into many historical issues. Modern computational models permit investigators to exploit the insights of general equilibrium. This article outlines the ideas of general equilibrium and of computational general equilibrium models. In the process, strengths and limitations are discussed. The discussion is given focus by using the Harley-Crafts model as its focus and explores briefly the consequences of changing the allocation principals in the agricultural sector of the model from a capitalist arrangement to a peasant arrangement.
- Sprache
- Englisch
- Identifikatoren
- ISSN: 1361-4916eISSN: 1474-0044DOI: 10.1017/S1361491602000072Titel-ID: cdi_proquest_journals_207362269
- Format
- –
- Schlagworte
- 18th century, 19th century, Agricultural economics, Capitalism, Capitalist agriculture, Commodities, Consumer economics, Consumers, Economic history, Economic modeling, Economic models, Economists, Equilibrium, Farm exports, Historians, Industrial agriculture, Industrial Revolution, Peasant agriculture, Peasant class, Peasants, Prices, Profits, Purchasing, Studies