3.4.2. Comparison between Impact and Total Multiplier Effects on endogenous
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Endegenous Variables y6 pRF pRT PCIM PCDP Total Availability Less Total Requirements (PCIM +PCDP) -Y6 Subsistence Production less Total Requirement (PCDP-Y6) Units Kgs/ Capita So.Shs / Kg So.Shs/ Kg Kgs/ Capita Kgs/ Capita Kgs/Capita Kgs/Capita Base Period Values 1983 117.49 2.14 5.50 51.29 72.44 (+) 6.24 (a) / (-) 45.05 (b) / Effect Assumptions Total Multipliers - Assumptions and Effects Increase in the GNP/C by 10% 115.61 1.66 3.96 26.79 271.64 (+) 182.82 (+) 156.03 Increase in y5 by 8% 124.17 2.05 2.34 48.08 84.72 (+) 8.63 (-) 39.45 Decrease of Y5 by 6% 104.95 1.99 2.13 14.83 175.39 (+) 71.92 (+) 70.44 Increase in Y10 by 15% 115.08 1.67 2.52 24.16 116.95 (+) 26.03 (+) 1.87 Simultaneous shock of a) Increase in GNP/C = 10% b) Increase in Y10 = 15% and c) Decrease in y5= 8% 102.57 1.72 2.62 33.42 387.26 (+) 318.11 (+) 284.69 30 3.4.2. Comparison between Impact and Total Multiplier Effects on endogenous variables: Table 4 describes the level of endogenous variables under the five different assumptions. The coefficient estimates reflect the adjustment that would take place with respect to each endogenous variable summed over the entire period. Compared with single-period shock contained in the impact multipliers, results in this section reflect the long-run dynamics of change that could take place under the assumptions listed. TABLE 4 , MODEL III: TOTAL MULTIPLIER EFFECTS OF CHANGES IN THE DECISION VARIABLES ON CEREAL REQUIREMENTS, PRICES, IMPORTS AND DOMESTIC PORODUCTION a /: (+) signs denote excess of total availability or domestic production over total requirement (Y6) b /: Where a negative sign (-) appears, the reverse condition prevails.
description
3.4.2. Comparison between Impact and Total Multiplier Effects on endogenous variables: Table 4 describes the level of endogenous variables under the five different assumptions. The coefficient estimates reflect the adjustment that would - PowerPoint PPT Presentation
Transcript of 3.4.2. Comparison between Impact and Total Multiplier Effects on endogenous
Endegenous Variables y6 pRF pRT PCIM PCDP Total Availability
Less Total Requirements
(PCIM +PCDP) -Y6
Subsistence
Production lessTotal Requirement
(PCDP-Y6)
Units Kgs/
CapitaSo.Shs/
KgSo.Shs/
Kg
Kgs/
Capita
Kgs/
CapitaKgs/Capita Kgs/Capita
Base Period Values 1983 117.49 2.14 5.50 51.29 72.44 (+) 6.24 (a) / (-) 45.05 (b) /
Effect
AssumptionsTotal Multipliers - Assumptions and Effects
Increasein the GNP/C by 10%
115.61 1.66 3.96 26.79 271.64 (+) 182.82 (+) 156.03
Increasein y5 by 8%
124.17 2.05 2.34 48.08 84.72 (+) 8.63 (-) 39.45
Decreaseof Y5 by 6%
104.95 1.99 2.13 14.83 175.39 (+) 71.92 (+) 70.44
Increasein Y10 by 15%
115.08 1.67 2.52 24.16 116.95 (+) 26.03 (+) 1.87
Simultaneousshock of
a) Increase in GNP/C = 10%b) Increase in Y10 = 15%
andc) Decrease in y5= 8%
102.57 1.72 2.62 33.42 387.26 (+) 318.11 (+) 284.69
30
3.4.2. Comparison between Impact and Total Multiplier Effects on endogenousvariables: Table 4 describes the level of endogenous variables under the fivedifferent assumptions. The coefficient estimates reflect the adjustment that wouldtake place with respect to each endogenous variable summed over the entireperiod. Compared with single-period shock contained in the impact multipliers,results in this section reflect the long-run dynamics of change that could take placeunder the assumptions listed.
TABLE 4
, MODEL III: TOTAL MULTIPLIER EFFECTS OF
CHANGES IN THE DECISION VARIABLES ON CEREAL REQUIREMENTS,
PRICES, IMPORTS AND DOMESTIC PORODUCTION
a /: (+) signs denote excess of total availability or domestic production over total requirement (Y6)b /: Where a negative sign (-) appears, the reverse condition prevails.
