A SHORTRUN MACROECONOMIC MODEL FOR THE ECONOMY OF SOUTH VIETNAM

Abstract

The study sets forth a method for analyzing the shortrun economic impact on the economy of South Vietnam of possible alternative changes in economic policy of either the government of South Vietnam (GVN) or the United States. Initially, the study was concerned with the change in the general level of prices that could be expected from a reduction of US forces in Vietnam. However, to trace step by step the consequences of some given change, it is necessary to establish the causal sequence or, in economic language, to build a model making explicit all necessary behavioral relationships and assumptions. As a result the model is sufficiently general to answer a number of questions pertaining to a wide range of policy choices. For example, it can be used to predict the aggregate price effect of changes in (1) US force levels, (2) US-GVN commercial import (CIP) arrangements, (3) GVN financed import program, (4) GVN expenditures, and (5) Vietnamese consumption and investment patterns.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1969
Accession Number
AD0705019

Entities

People

  • Douglas C. Dacy
  • William F. Beazer

Organizations

  • Institute for Defense Analyses

Tags

Communities of Interest

  • Energy and Power Technologies
  • Ground and Sea Platforms
  • Human Systems

DTIC Thesaurus Topics

  • Business Administration
  • Civilian Personnel
  • Department Of Defense
  • Economic Impact
  • Economic Policy
  • Employment
  • Equations
  • Foreign Aid
  • Governments
  • International Trade
  • Investments
  • Money
  • Personnel Management
  • Price Index
  • South Vietnam
  • Troop Withdrawal
  • United States

Readers

  • Computational Modeling and Simulation
  • Economics
  • Library and Information Science/ Studies, Southeast Asia Studies, Bibliography of Vietnam and Lao Studies.