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MAMS: an economy-wide model for analysis of MDG country strategies— an application to Latin America and the Caribbean

Hans Lofgren and Carolina Díaz-Bonilla

Chapter 3 in Public Policies for Human Development, 2010, pp 71-126 from Palgrave Macmillan

Abstract: Abstract This chapter documents MAMS (Maquette for MDG Simulation), the underlying methodological framework of this multi-country study for Latin America and the Caribbean (LAC), which is used to address the three development strategy questions posed in Chapter 1. MAMS is a dynamic Computable General Equilibrium (CGE) model designed to analyse strategies for achieving the Millennium Development Goals (MDGs) and, more broadly, policies for medium- and long-run growth and poverty reduction in developing countries.1 The model is sufficiently flexible to address the key processes for MDG achievement and other development strategies in a wide range of countries, linking to country databases that capture country characteristics and may vary widely in terms of disaggregation. This chapter emphasizes model features relevant to the LAC context.

Keywords: Foreign Direct Investment; Capital Stock; Social Account Matrix; Factor Income; General Algebraic Modeling System (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-27757-1_3

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DOI: 10.1057/9780230277571_3

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