Planning with the Semi-Input-Output Method: With Empirical Applications to Nigeria

ISBN-13: 9781468469608 / Angielski / Miękka / 2012 / 278 str.

A. Kuyenhoven

Opis

The semi-input-output method was introduced by Professor Jan Tinbergen in the early 1960's in fairly obscure places in the economic literature. The basic idea of the method is a very simple one and does not require lengthy and sophisticated exposition to be understood. This fact, together perhaps with Tinbergen's dislike for very formalized and technical analysis, probably explains why he himself has never given a full exposition and elaboration of this method. Nevertheless, the concept did not remain unnoticed and authors such as B. Hansen and some of Tinbergen's collaborators, in particular P. A. Cor nelisse and J. Versluis, have contributed to the elaboration of the method. The present work by Dr. A. Kuyvenhoven, also a long-time collaborator of Tinbergen, has provided us with the first full, and in my opinion definite, exposition of the nature, technique and use of the semi-input output method, now more than 15 years after the launching of the concept."

Spis treści

1. Introduction.- 1.1. Scope and purpose of the study.- 1.2. Outline of the contents.- 1.3. A reader’s guide.- 2. Planning in Developing Countries.- 2.1. Simplifying the planning process: planning in stages.- 2.2. Saving, income distribution and project choice.- 2.3. Optimal policies, government control and accounting prices.- 2.4. Complementarity and substitution in planning models.- 2.5. Direct substitution.- 2.6. Indirect substitution.- 2.7. Incremental planning.- 3. Planning for an Open Economy: The Analytical Framework.- 3.1. Introduction.- 3.2. A simple model for a completely open economy.- 3.3. The introduction of national goods.- 3.4. International goods and investment demand for national goods.- 4. The Semi-Input-Output Method.- 4.1. Introduction.- 4.2. National and international sectors: concepts and measurement.- 4.3. Intermediate goods: the semi-input-output method.- 4.4. The role of accounting prices.- 4.5. Selection criteria, consumption and balance of payments effects.- 5. Semi-Input-Output and Multisectoral Planning.- 5.1. Introduction.- 5.2. Planning at the sectoral level.- 5.3. Multisector planning with the semi-input-output method.- 5.4. Linear programming formulations of the semi-input-output method.- 5.5. Special problems.- 6. Semi-Input-Output and Project Planning.- 6.1. Introduction.- 6.2. Essentials of project analysis and appraisal.- 6.3. Semi-input-output analysis at the project stage: estimation of effects.- 6.4. Valuation and accounting prices.- 6.5. Selection of projects.- 6.6. Towards consistency in project and sector appraisal.- 6.7. Semi-input-output and Little-Mirrlees.- 7. A Case Study for Nigeria.- 7.1. Introduction.- 7.2. Structure and development of the Nigerian economy.- 7.3. Application of the semi-input-output method.- 7.4. Investment appraisal at market prices.- 7.5. Investment appraisal at accounting prices.- 7.6. Conclusions.- 8. Summary and Conclusions.- 8.1. The method: analysis and presentation.- 8.2. Application of the method.- Appendix A Derivation of a capital stock-flow conversion factor.- Appendix B Estimation of structural coefficients for Nigeria.- Appendix C List of sectors and projects and their characteristics.- References.- Author Index.