Journal of Modelling Economic
Dynamics
Aims and Objectives
Economic models explain how economy works based on ideas of classical, neo-classical and modern schools of economic thoughts and these are used to evaluate the impacts of economic policies theoretically and empirically on quantities and prices and fluctuations among them in various goods and factor markets. In addition to the scientific objective of understanding the functioning of the economy economic models guide formulation, evaluation and redesign of economic policies of public institutions such as the ministries of planning, finance, education, health or agriculture and natural resources, central banks, department of trade and industry and environment or many other non governmental organizations. These tasks are often supported by extensive works undertaken in academic departments and research centres in various universities which focus on dynamic analytical tools for economic issues that are derived either from the partial or general equilibrium analyses of the economy, game theories and econometric models.
Theoretical and empirical foundations for scientific analyses of economic policy matter for the livelihood of population. Complexity of a modern economy requires more sophistication in analyses. The practical decision makers need to digest abstract theoretical construction to derive realistic assessment of problems, their solutions and evolution of an economy over a horizon. Ultimately these models need to address the aspirations of people constrained by resources in a competitive global market place.
Spurring the rate of economic growth, creating more jobs, enhancing competition and raising living standards of all and alleviating poverty are major challenges for which these economic methods can be useful. These methods clarify our reasoning, broaden our vision, identify existing problems, provide their solutions and suggest the best way to improve welfare of individuals in the economy. Models may calibrate the economy, simulate or estimate its dynamic path or decompose variances and covariance of income, prices or values or analyze impulses or shocks in the system taking issues and questions from micro, macro, public finance, international trade, development or environment. The modeling economic dynamics thus is taking the best elements from the advancement of economic science since the time of Adam Smith in solving major economic problems in the best possible way.
The Journal of Modelling Economic Dynamics aims to create a forum of economists working in these challenging problems around the world and urges them to exchange ideas for the benefit of humankind and for steady progress of our economies and improvement in the living standards of millions of people around the globe. This booklet includes conference programmes, abstracts of papers submitted into the conference, contact addresses of participants and full papers presented at the conference. The organizer hopes that active exchange of ideas on modeling dynamics will take place during the conference and will continue in coming years.
This is a refereed journal.
Every article will be reviewed by the editor, members of the editorial board or
by another suitable authority. First issue is targeted for publication in 2008
from the Serials Publications,
Editor: Dr. Keshab Bhattarai,
K.R.Bhattarai@hull.ac.uk
Editorial Board
(to be expanded soon).
Ali Bayar [Ali.Bayar@ecomod.net]
Juan
Carlos Cuestas, Nottingham Trent University, [juan.cuestas@ntu.ac.uk]
Knud Jørgen Munk [Knud.Jorgen.Munk@econ.ku.dk]
Laxmi Kumar, [lakshmik@ifmr.ac.in]
Peijie Wang,
Ravshanbek Dalimov [rdalimov@list.ru]
Solibakke Per
Bjarte [Per.B.Solibakke@hiMolde.no]
Sushanta K
Mallick [s.k.mallick@qmul.ac.uk]
T.H.Edwards, [T.H.Edwards@lboro.ac.uk]
Weihong Huang, [awhhuang@ntu.edu.sg]
Zhang Yang; [YZhang@umac.mo]
Instructions to Authors for submission to the
Journal of Growth, Development and Poverty (JGDP)
Submission: The contents of the papers shall be the sole responsibility of the authors and publication shall not imply the concurrence of editors or publishers.
The manuscript: Manuscripts must be typed with a double spacing throughout, on one side of A4 paper only, with a 4cm left-hand margin. The text and references should be checked thoroughly for errors before submission. It is the responsibility of the author to ensure that the typescript is correct in style, syntax and spelling (Oxford English Dictionary). Papers should normally be divided into headed sections.
Title page: The first page of the typescript must contain: the full title; the affiliation and full address of all author(s); a running title of not more than 75 letters and spaces; an abstract of not more than 200 words; the name, full postal address and email of the author who will be responsible for correspondence and correcting of proofs.
Abbreviations: Any word or words to be abbreviated should be written in full when first mentioned followed by the abbreviation in parentheses.
Illustrations: All illustrations of any kind should be submitted as sequentially numbered figures. Illustrations should not be inserted in the manuscript but supplied either after the main body of text or uploaded as separate files.
Tables: Tables should be numbered and headed with short titles. As with illustrations, they should not be inserted in the manuscript but supplied either after the main body of text or uploaded as separate files.
Acknowledgements: Acknowledgements should appear at the end of the text.
References: The Harvard system is used. When quoted in the
text style is:…Smith (1972)…or (Brown and Jones, 1972)
or …Smith et al. (1972a).
References are listed alphabetically after the text. Journal and book titles
should be written out in full. Examples are:
Brigham, E. F. (1965) The determinants of residential land values, Land Economics, 41, 325-e34.
Phelps-Brown, H. (1981) Labour market policy, in Changing Perceptions of Economic Policy (Ed.) F. Cairncross,
Footnotes: These should be numbered consecutively in the text and gathered at the bottom of each corresponding page.
Proofs: Proofs will be sent electronically to the 'corresponding' author for correction. These must be corrected and returned within 48 hours otherwise publication may be delayed. Alterations to proofs other than corrections of printer's errors may be charged to the authors.
Copyright: Submission of a paper to JGDP will be taken to imply that it presents original unpublished work, not under consideration elsewhere.