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| Registros recuperados: 58 | |
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| Vinyes, Cristina; Roe, Terry L.. |
| Disenchantment with the Washington Consensus has led to an emphasis on growth diagnostics. In the case of Brazil, the literature suggests three main factors impeding growth: low domestic savings, a shortage of skilled workers, and lack of investment in the country’s transportation infrastructure. The unique contribution of this study is to show the inter-temporal implications of relaxing these constraints. We fit a multi-sector Ramsey model to Brazilian data, validate its fit to times data, and provide empirical insights into the economy’s structural transformation to long-run equilibrium. Then, the sensitivity of these results to relaxing each of these three constraints is investigated in a manner that yields the same long-run level of well- being.... |
| Tipo: Report |
Palavras-chave: Economic growth; Ramsey; Growth diagnostics; International Development; O11; O41; O54; D58. |
| Ano: 2010 |
URL: http://purl.umn.edu/56502 |
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| Gohin, Alexandre; Bureau, Jean-Christophe. |
| The various assessments of the effects of a liberalization of world sugar markets are largely inconsistent. One cause seems to be the modeling of the EU supply response. We investigate three possible linkages between production quota sugar and the out-of-quota or "C" sugar supply: i/ the existence of fixed costs covered by the in-quota sugar; ii /the "overshooting" behavior as prevention against poor yields; iii/ the production of C sugar as "reference building" in view of expected reforms. Modeling these effects results in the introduction of an implicit cross-subsidy between in quota sugar and C sugar. The resulting specification is included in a detailed model of EU agricultural sector so as to account for intersectoral linkages. We simulate the effects... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Common Agricultural Policy; Sugar; Modeling; General equilibrium models; Agricultural and Food Policy; D58; Q17; Q18. |
| Ano: 2005 |
URL: http://purl.umn.edu/24740 |
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| Hess, Sebastian. |
| CGE models are widely used tools for economic assessments of trade policy changes. However, overall confidence in their results tends to be low. We employ the methodological framework of meta-analysis in order to approach a quantitative comparison of CGE-based simulation results. Therefore, we compile a dataset of twelve recent Doha simulations and fit a linear regression model that explains the variance between simulation results on the regional level as a function of various modeling characteristics. The estimates are broadly in range with documented qualitative knowledge about modeling assumptions. The size of the sample limits general conclusions; however, an ongoing research project will extend the approach to a larger sample. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: CGE; Systematic review; Doha round; Evaluation; Research Methods/ Statistical Methods; C20; C68; D58; F10; C99. |
| Ano: 2005 |
URL: http://purl.umn.edu/24713 |
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| Drogue, Sophie; Ramos, Maria Priscila. |
| In October 2004 the European Union and the MERCOSUR tried to reach an agreement for creating what would be the world's largest free-trade area accounting for 650 millions people. But despite five years of bilateral work to strike a deal, the two parties stayed on ropes at their meeting in Portugal the 18th of October 2004. The stumbling blocks are the MERCOSUR's demand for a greater access to EU's agricultural markets and the EU's demand for expanded access for industrial goods, services and investments. Though, both partners made great efforts to comply with each other requests, it wasn't enough. In this paper we are interested in the possible last EU's offer to enlarge access to its market through the allocation of bilateral tariff-rate quotas for some... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: MERCOSUR; European Union; Agricultural trade; TRQ; GTAP; International Relations/Trade; D58; F17; F15. |
| Ano: 2005 |
URL: http://purl.umn.edu/24637 |
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| Trang, Truong Thi Thu; Vanzetti, David. |
| The global financial crisis in 2008-2009 has affected almost all countries. Vietnam was hit by a large fall in export demand and foreign direct investment. Many governments quickly prescribed stimulus packages and Vietnam was no exception. It reduced taxes and increased government spending, mainly by subsidizing loans to state-owned enterprises. The question is what the stimulated impact is, if any, and whether a better outcome could have been achieved by a different mix of policies. In this paper, we use a simple general equilibrium model to quantify the impact of the various components of the stimulus package on the whole economy as well as agricultural sector. The results suggest that, in the short run at least, the stimulus package marginally... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Vietnam; Fiscal stimulus; Agriculture; International Development; Public Economics; E62; D58; Q17. |
| Ano: 2011 |
URL: http://purl.umn.edu/100722 |
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| Bao, Qin; Tang, Ling; Zhang, ZhongXiang; Qiao, Han; Wang, Shouyang. |
| Carbon-based border tax adjustments (BTAs) have recently been proposed by some OECD countries to level the carbon playing field and target major emerging economies. This paper applies a multi-sector dynamic computable general equilibrium (CGE) model to estimate the impacts of the BTAs implemented by US and EU on China’s sectoral carbon emissions. The results indicate that BTAs will cut down export prices and transmit the effects to the whole economy, reducing sectoral output-demands from both supply side and demand side. On the supply side, sectors might substitute away from exporting toward domestic market, increasing sectoral supply; while on the demand side, the domestic income may be strikingly cut down due to the decrease in export price, decreasing... |
| Tipo: Working Paper |
Palavras-chave: Border Carbon Tax Adjustments; Computable General Equilibrium Model; Carbon Emissions; Environmental Economics and Policy; D58; F18; Q43; Q48; Q52; Q54; Q56; Q58. |
| Ano: 2011 |
URL: http://purl.umn.edu/120044 |
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| Fischer, Carolyn; Morgenstern, Richard D.. |
| Estimates of marginal abatement costs for reducing carbon emissions in the United States by the major economic-energy models vary by a factor of five, undermining support for mandatory policies to reduce greenhouse gas emissions. We use meta analysis to explain these cost differences, holding policy regimes constant and focusing on the role of baseline emissions projections and structural characteristics of the models. The results indicate that certain assumptions, like freer trade and greater disaggregation of regions and nonenergy goods, lead to lower estimates of marginal abatement costs, while more disaggregated energy goods raise them. Other choices, like myopic optimization by households or the inclusion of an international finance sector, seem less... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate models; Carbon tax; Environmental Economics and Policy; Q4; Q25; D58. |
| Ano: 2003 |
URL: http://purl.umn.edu/10537 |
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| Michetti, Melania; Parrado, Ramiro. |
| We present a computable general equilibrium model properly modified to analyse the potential role of the European forestry sector within climate mitigation. Improvements on database and modelling frameworks allow accounting for land heterogeneity across and within regions and for land transfers between agriculture, grazing, and forestry. The forestry sector has been modified to track carbon mitigation potential from both intensive and extensive forest margins, which have been calibrated according to a forest sectoral model. Two sets of climate policies are simulated. In a first scenario, Europe is assumed to commit unilaterally to reduce CO2 emissions by 20% and 30%, by 2020. In a second scenario, in addition to the emissions quotas, progressively higher... |
| Tipo: Working Paper |
Palavras-chave: Climate Change; Climate Mitigation; General Equilibrium Modelling; Forestry; Environmental Economics and Policy; D58; Q23; Q54; Q58. |
| Ano: 2012 |
URL: http://purl.umn.edu/122862 |
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| Bosetti, Valentina; Carraro, Carlo; De Cian, Enrica; Duval, Romain; Massetti, Emanuele; Tavoni, Massimo. |
| This paper uses WITCH, an integrated assessment model with a game-theoretic structure, to explore the prospects for, and the stability of broad coalitions to achieve ambitious climate change mitigation action. Only coalitions including all large emitting regions are found to be technically able to meet a concentration stabilisation target below 550 ppm CO2eq by 2100. Once the free-riding incentives of non-participants are taken into account, only a “grand coalition” including virtually all regions can be successful. This grand coalition is profitable as a whole, implying that all countries can gain from participation provided appropriate transfers are made across them. However, neither the grand coalition nor smaller but still environmentally significant... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate Policy; Climate Coalition; Game Theory; Free Riding; Environmental Economics and Policy; C68; C72; D58; Q54. |
| Ano: 2009 |
URL: http://purl.umn.edu/54281 |
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| Registros recuperados: 58 | |
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