Microsimulation modelling of the corporate firm. Exploring micro-macro economic relations (Q1899202)

This book describes the simulation of the behaviour of firms in interaction with macroeconomic variables. The simulation uses data from the Netherlands and was implemented on a personal computer, programmed in Turbo Pascal. The model allows for differences in technology, motivation and behaviour of the simulated firms. Routine decisions and long run decisions are distinguished. Firms set prices. Indirect feedbacks of the actions of large firms, effects of subsidies and structural change are simulated; the results show path-dependence. The subsidies yield very different results for different firms.