Macroeconomic Impact of Nuclear Power Plant Projects

2018
Alexander Shirov, Dmitriy Polzikov

The article describes the main approaches to assessing multiplier effects from implementation of major international projects. A conventional example considers the distribution of effects between the supplying country and receiving country. Macroeconomic models have gained widespread acceptance in estimating multipliers for the whole economy in general (Beetsma, 2008; Christiano, 2011). Methods based on the input-output approach are typically applied for estimating effects at the industry level. Among these calculations, it is possible to distinguish three main types, which are as follows: (1) calculations within general equilibrium models with integrated input-output tables (Burfisher, 2017); (2) calculations within a static input-output model (Miller, 2009); (3) calculations within a modified input-output model using econometric dependences for modeling the impact of additional income on total consumption (Ghosh, 2011; West, 1995).

Atslēgas vārdi
inforum, multisectoral modelling, applied models, macroeconomy, Macroeconomic models
DOI
10.7250/9789934221194.010
Hipersaite
https://ebooks.rtu.lv/catalog/ekonomika-un-vadibzinatne/494/

Shirov, A., Polzikov, D. Macroeconomic Impact of Nuclear Power Plant Projects. No: D.Meade, V.Ozoliņa, red. Applied Macroeconomic Multisectoral Modeling. Riga: RTU Press, 2018. 171.-188.lpp. ISBN 978-9934-22-118-7. e-ISBN 978-9934-22-119-4. Pieejams: doi:10.7250/9789934221194.010

Publikācijas valoda
English (en)