Journal of Policy Modeling最新文献_第8页

The global value chain: Challenges faced by ASEAN least developed countries 全球价值链:东盟最不发达国家面临的挑战

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-11-01 DOI: 10.1016/j.jpolmod.2023.06.001

Pushkar Pushp, Faisal Ahmed

引用次数: 0

The effects of a US-China trade war on Sub-Saharan Africa: Pro-active domestic policies make the difference 美中贸易战对撒哈拉以南非洲的影响：积极的国内政策发挥了作用

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-11-01 DOI: 10.1016/j.jpolmod.2023.06.002

Fatuma Abdallah Nantembelele , Mustafa K. Yilmaz , Ali Ari

引用次数: 0

Terrorism and economic policy responses in Tunisia 突尼斯的恐怖主义和经济政策反应

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-11-01 DOI: 10.1016/j.jpolmod.2023.11.003

Insaf Khelifi , Yazid Dissou , Anis Bouabid

引用次数: 0

Artificial Intelligence (AI) can change the way of doing policy modelling 人工智能(AI)可以改变政策建模的方式

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-11-01 DOI: 10.1016/j.jpolmod.2023.11.005

Mario Arturo Ruiz Estrada , Donghyun Park , Marcin Staniewski

{"title":"Artificial Intelligence (AI) can change the way of doing policy modelling","authors":"Mario Arturo Ruiz Estrada , Donghyun Park , Marcin Staniewski","doi":"10.1016/j.jpolmod.2023.11.005","DOIUrl":"10.1016/j.jpolmod.2023.11.005","url":null,"abstract":"<div><p>This paper seeks to assess the transformative potential of Artificial Intelligence (AI) in policy modeling. Rapid advancements in AI, encompassing algorithms, advanced programming software, robotics, metadata, sophisticated mathematical models, neural networks, and graphical models are ushering in innovative new research methods for analysing and resolving intricate socio-economic issues. Our focus lies in a comparative evaluation of Artificial Intelligence Response (AIR) versus Human Intelligence Response (HIR) in generating swift and potent solutions to various socio-economic challenges. To achieve this, we propose a fundamental model for appraising the effectiveness of policy modeling, known as the \"Policy Modeling Response Evaluator (PMR-Evaluator).\" Furthermore, we conducted an experiment to gauge the responsiveness and effectiveness of both AIR and HIR. This experiment revolved around addressing a specific socio-economic problem, namely controlling inflation. Initially, we scrutinized responses from an extensive database of papers published in the Journal of Policy Modeling (JPM) by Elsevier over the past forty-five years (1978–2023) to ascertain HIR's capacity to analyze and resolve inflation-related issues. Concurrently, we utilized ChatGPT, a powerful artificial intelligence application (AI-APP), to explore potential solutions for controlling inflation. Ultimately, we analyzed whether HIR or AIR proved more effective and precise.</p></div>","PeriodicalId":48015,"journal":{"name":"Journal of Policy Modeling","volume":"45 6","pages":"Pages 1099-1112"},"PeriodicalIF":3.5,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135510017","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Macro-prudential policies to contain the effect of structural risks on financial downturns 遏制结构性风险对金融衰退影响的宏观审慎政策

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-11-01 DOI: 10.1016/j.jpolmod.2023.08.001

Martin Hodula , Jan Janků , Lukáš Pfeifer

引用次数: 1

Optimal allocation of agriculture’s public budget can improve transformation and healthy diets access in Ethiopia 农业公共预算的最佳分配可以改善埃塞俄比亚健康饮食的获取

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-11-01 DOI: 10.1016/j.jpolmod.2023.09.005

Marco V. Sánchez , Martín Cicowiez

{"title":"Optimal allocation of agriculture’s public budget can improve transformation and healthy diets access in Ethiopia","authors":"Marco V. Sánchez , Martín Cicowiez","doi":"10.1016/j.jpolmod.2023.09.005","DOIUrl":"10.1016/j.jpolmod.2023.09.005","url":null,"abstract":"<div><p>Agriculture is under transformation in sub-Saharan Africa where millions still do not have access to a healthy diet. Policy makers in this region should find ways to accelerate agricultural transformation while increasing access to healthy diets. Optimizing agriculture’s public budget stands out as a handy option. By combining a dynamic computable general equilibrium model and a multi-criteria decision-making technique, and applying them in the context of Ethiopia, this paper points to an important trade-off that policy makers should keep in mind. An optimal allocation of agriculture’s public budget aimed at increasing agri-food output, creating off-farm jobs and reducing rural poverty, which are agricultural transformation objectives, will help to reduce the cost of a healthy diet, allowing around 2 million more Ethiopians to afford it. This number could even be higher should policy makers allocate the budget optimally aiming at only lowering the cost of a healthy diet, but at the cost of reducing household income and slowing down transformation.</p></div>","PeriodicalId":48015,"journal":{"name":"Journal of Policy Modeling","volume":"45 6","pages":"Pages 1262-1280"},"PeriodicalIF":3.5,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0161893823001059/pdfft?md5=9baa7ba2258994c58458718ed00788d3&pid=1-s2.0-S0161893823001059-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134993684","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Foreign currency borrowing and risk exposure of firms: An emerging market economy viewpoint 外币借贷与企业风险暴露:新兴市场经济视角

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-11-01 DOI: 10.1016/j.jpolmod.2023.09.004

Prasenjit Chakrabarti , Sudipta Sen

{"title":"Foreign currency borrowing and risk exposure of firms: An emerging market economy viewpoint","authors":"Prasenjit Chakrabarti , Sudipta Sen","doi":"10.1016/j.jpolmod.2023.09.004","DOIUrl":"10.1016/j.jpolmod.2023.09.004","url":null,"abstract":"<div><p>Foreign currency borrowings by emerging market corporations have increased significantly post-global financial crisis. Extant literature has mainly focussed on the flow of foreign currency borrowings, and policies which control the volatility of the flow of the foreign currency borrowings. In this paper, we emphasize the stock of the foreign currency borrowings in the balance sheet of a firm instead of the flow of the foreign currency borrowings, and show the ineffectiveness of policies focused on controlling the flow of foreign currency borrowings. We use the data of non-financial Indian firms listed in the Bombay Stock Exchange and National Stock Exchange. Our analysis show the fallacy of a policy focussed on controlling the flow of foreign currency borrowings. Despite policies which control the flow of the foreign currency borrowings, if a firm has a high stock of foreign currency borrowings in their balance sheet then the financial risk associated with the firm increases. A possible implication of our results is that too much foreign currency borrowings may pile up the risk in the financial system which may become a cause of concern.</p></div>","PeriodicalId":48015,"journal":{"name":"Journal of Policy Modeling","volume":"45 6","pages":"Pages 1246-1261"},"PeriodicalIF":3.5,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134994754","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The economic consequences of price support policies in semi-subsistence economies 半自给经济中价格支持政策的经济后果

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-11-01 DOI: 10.1016/j.jpolmod.2023.11.002

Emerta A. Aragie , Scott McDonald

引用次数: 0

A self-selection pricing mechanism for residential electricity: Measures of sustainability and equity to balance market mechanisms and government controls 居民用电自主定价机制:平衡市场机制和政府调控的可持续性和公平性措施

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-11-01 DOI: 10.1016/j.jpolmod.2023.10.002

Xinhua Zhang , C. James Hueng , Robert J. Lemke

引用次数: 0

Can auctions increase competition in the pension funds market? The Chilean experience 拍卖能增加养老基金市场的竞争吗？智利的经验

IF 3.5 2区经济学

Journal of Policy Modeling Pub Date : 2023-09-01 DOI: 10.1016/j.jpolmod.2023.07.002

Rodrigo Harrison , Marcela Parada-Contzen , Marcelo Villena

{"title":"Can auctions increase competition in the pension funds market? The Chilean experience","authors":"Rodrigo Harrison , Marcela Parada-Contzen , Marcelo Villena","doi":"10.1016/j.jpolmod.2023.07.002","DOIUrl":"10.1016/j.jpolmod.2023.07.002","url":null,"abstract":"<div><p>This paper analyses the auction policy over enrollees’ monopoly rights introduced in the Chilean pension system. This policy was designed to promote competition in the pension fund market driven by private firms, after 30 years of operation. Since the Chilean pension fund system has inspired dozens of countries in the last forty years, the analysis of the design and performance of its relatively new auction mechanism is of worldwide interest. We present a theoretical and empirical model. Our theoretical model illustrates firms’ incentives to participate in the auction process. Our empirical analysis focuses on the effect of auctions on outcomes, such as fees, mark-ups, demand price elasticity, returns, and risk premiums. Despite the evidence shown for the positive benefits of the auction implementation, the current mechanism design is not considering that the biggest issue is the low individuals’ price response levels. Importantly, the current auction design only incentivizes new entrants to participate. Thus, the design generates low competition in the auction processes. Proper design should incentivize all firms to participate. Besides, we find that consumers’ price elasticity increased after the implementation of auctions, although demand is still generally inelastic. Interestingly, non-winning auction firms did not react in fees but may have reacted in other characteristics, such as returns and risk premiums.</p></div>","PeriodicalId":48015,"journal":{"name":"Journal of Policy Modeling","volume":"45 5","pages":"Pages 975-993"},"PeriodicalIF":3.5,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47931350","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0