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The origins and evolution of policy modeling

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  • Estrada, Mario Arturo Ruiz
  • Yap, Su Fei

Abstract

This article examines the origins and evolution of policy modeling from a theoretical and technical perspective. This is done through an extensive review and analysis of publications of the journal of policy modeling within a 33-year period (1979–2012). It was observed that at different period in time, economic policy research focused on different national and international issues that invoked different economic practical approaches to facilitate the explanation of the complex and dynamic socio-economic and political phenomena.

Suggested Citation

  • Estrada, Mario Arturo Ruiz & Yap, Su Fei, 2013. "The origins and evolution of policy modeling," Journal of Policy Modeling, Elsevier, vol. 35(1), pages 170-182.
    • Handle: RePEc:eee:jpolmo:v:35:y:2013:i:1:p:170-182
    DOI: 10.1016/j.jpolmod.2011.12.003
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    References listed on IDEAS

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    1. A. W. Phillips, 1958. "The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957," Economica, London School of Economics and Political Science, vol. 25(100), pages 283-299, November.
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    5. Milton Friedman, 1957. "A Theory of the Consumption Function," NBER Books, National Bureau of Economic Research, Inc, number frie57-1.
    6. Ruiz Estrada, Mario Arturo, 2011. "Policy modeling: Definition, classification and evaluation," Journal of Policy Modeling, Elsevier, vol. 33(4), pages 523-536, July.
    7. Barro, Robert J., 1976. "Rational expectations and the role of monetary policy," Journal of Monetary Economics, Elsevier, vol. 2(1), pages 1-32, January.
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    Citations

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    Cited by:

    1. Estrada, Mario Arturo Ruiz & Koutronas, Evangelos, 2022. "The impact of the Russian Aggression against Ukraine on the Russia-EU Trade," Journal of Policy Modeling, Elsevier, vol. 44(3), pages 599-616.
    2. Ruiz Estrada, M.A., 2013. "How Crime can Affect Economic Performance through the Application of an ECM-Model: the Case of Guatemala," MPRA Paper 44367, University Library of Munich, Germany, revised 14 Feb 2013.
    3. Kiryluk-Dryjska, Ewa & Beba, Patrycja, 2018. "Region-specific budgeting of rural development funds—An application study," Land Use Policy, Elsevier, vol. 77(C), pages 126-134.
    4. Ruiz Estrada Mario Arturo & Evangelos Koutronas & Donghyun Park, 2019. "The economic Gordian Knot of Brexit: an East and Southeast Asian perspective," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(6), pages 2797-2820, November.
    5. Mario Arturo Ruiz Estrada & Marcin Waldemar Staniewski & Ibrahim Ndoma, 2018. "Evaluating corruption under the application of the SOCIO-economic development desgrowth index (Ð-index): the case of Guatemala," Quality & Quantity: International Journal of Methodology, Springer, vol. 52(3), pages 1137-1157, May.
    6. Mario Arturo Ruiz Estrada & Evangelos Koutronas & Donghyun Park & Alam Khan & Muhammad Tahir, 2023. "The impact of COVID-19 on the economic performance of Wuhan, China (2019–2021)," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(1), pages 847-862, February.
    7. Estrada, Mario Arturo Ruiz & Park, Donghyun & Staniewski, Marcin, 2023. "Artificial Intelligence (AI) can change the way of doing policy modelling," Journal of Policy Modeling, Elsevier, vol. 45(6), pages 1099-1112.
    8. Artzrouni, Marc & Tramontana, Fabio, 2013. "The debt trap: a two-compartment train wreck," MPRA Paper 47578, University Library of Munich, Germany.
    9. Ruiz Estrada, Mario Arturo & Park, Donghyun, 2018. "The past, present and future of policy modeling," Journal of Policy Modeling, Elsevier, vol. 40(1), pages 1-15.
    10. Mario Arturo Ruiz Estrada & Vgr Chandran & Muhammad Tahir, 2016. "An Introduction to the Multidimensional Real-Time Economic Modeling," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 10(1), March.
    11. Annicchiarico, Barbara & Di Dio, Fabio & Felici, Francesco, 2013. "Structural reforms and the potential effects on the Italian economy," Journal of Policy Modeling, Elsevier, vol. 35(1), pages 88-109.
    12. Alam Khan & Zarinah Yusof, 2017. "Trade–Terrorist Evaluation Index (TTEi)," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(1), pages 365-375, January.
    13. Loni Hagen & Mihir Patel & Luis Luna‐Reyes, 2023. "Human‐supervised data science framework for city governments: A design science approach," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 74(8), pages 923-936, August.
    14. Mario Arturo Ruiz Estrada, 2014. "Economic Waves: The Effect of the U.S. Economy on the World Economy," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 8(3), September.
    15. Alam Khan & Zarinah Yusof, 2017. "Terrorist economic impact evaluation (TEIE) model: the case of Pakistan," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(3), pages 1381-1394, May.
    16. Ruiz Estrada, Mario Arturo & Koutronas, Evangelos, 2016. "Terrorist attack assessment: Paris November 2015 and Brussels March 2016," Journal of Policy Modeling, Elsevier, vol. 38(3), pages 553-571.
    17. FRANCESCO FELICI & Barbara Annicchiarico & Fabio Di Dio, 2012. "Structural Reforms and the Potential Effects on the Italian Economy," EcoMod2012 5073, EcoMod.
    18. Artzrouni, Marc & Tramontana, Fabio, 2014. "The debt trap: A two-compartment train wreck… and how to avoid it," Journal of Policy Modeling, Elsevier, vol. 36(2), pages 241-256.
    19. Estrada, Mario Arturo Ruiz & Park, Donghyun & Kim, Jung Suk & Khan, Alam, 2015. "The economic impact of terrorism: A new model and its application to Pakistan," Journal of Policy Modeling, Elsevier, vol. 37(6), pages 1065-1080.
    20. Mario Arturo Ruiz Estrada & Alam Khan & Donghyun Park, 2018. "The economic cost of the Islamic State on the Syrian and Iraqi economies," Quality & Quantity: International Journal of Methodology, Springer, vol. 52(4), pages 1707-1730, July.
    21. Kala, Kaveri & Bolia, Nomesh B. & Sushil,, 2020. "Waste management communication policy for effective citizen awareness," Journal of Policy Modeling, Elsevier, vol. 42(3), pages 661-678.

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    More about this item

    Keywords

    Econographicology; Policy modeling; Economics teaching;
    All these keywords.

    JEL classification:

    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes

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