Multisector growth models: Theory and application

Terry L. Roe, Rodney B.W. Smith, D. Sirin Saracoglu

Research output: Book/ReportBook

17 Scopus citations


This book provides a reader with a practical foundation in general equilibrium theory, embeds the theory in a multi-sector dynamic framework, discusses how to practically link the theory to real economic data, and provides clear instructions on how to use existing software - in this case Mathematica - to construct model simulations for policy and other analysis. This book pulls it all together in a conceptually sound, yet practical, manner, and brings the theory to life. A unique feature is the integration of traditional static trade theory into modern neoclassical growth theory so the reader has the sense of building upon known constructs as opposed to learning a sequence of different models. The book provides several examples of real economic problems with policy interests and shows how to "bring these problems to life" with theory and data.

Original languageEnglish (US)
PublisherSpringer New York
Number of pages329
ISBN (Print)9780387773575
StatePublished - 2010


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