In the existence of trade interaction, a sub-global climate change policy can generate externality, which can cause competitiveness issues for the producers in compliant regimes. However among compliant regions, a small economy also receives a significant spillins effect when a large economy...

This paper describes MOLES 1.0, an integrated land-use and transport model developed with Object-Oriented Programming principles in order to combine selected characteristics from Spatial Computable General Equilibrium and microsimulation models.

Decisions concerning environmental protection hinge on estimates of economic burden. Over the past 30 years, economists have developed and applied various tools to measure this burden. In this chapter, we present a taxonomy of costs along with methods for measuring those costs. At the broadest...

This paper demonstrates that failures in monetary policy arise not just from dynamic inconsistency, but more importantly, from imperfect understanding of the economy and the effects of policy. Using recent and historic episodes from the United States and abroad, we show that limited knowledge on...

Our objective is to identify the trading strategy that would allow an investor to take advantage of "excessive" stock price volatility and "sentiment" fluctuations. We construct a general-equilibrium model of sentiment. In it, there are two classes of agents and stock prices are excessively...

This paper evaluates the consequences of renewable energy policies on welfare and energy prices in a world where carbon pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. The imperfectness of the carbon price is motivated by political concerns regarding...

This unique book makes a contribution to the deeper understanding of various trade-related investment measures (TRIMs). The issues have been largely inspired by the use of trade policies on foreign investment adopted in China and many other nations from the 1960s to the 1990s. Building upon the...

Two most challenging problems facing transportation planners and policymakers in many developing countries are rapid urban traffic growth and lack of financial and technical resources to conduct major planning studies, especially for assessing the impacts of new sites and land-uses. The...

The following sections are included: <ul><li class="bullet">Introduction</li><li class="bullet">A Theoretical Model of Tax Rebates</li><li class="bullet">Modeling China's Duty Drawbacks and Tax Rebates in a CGE Framework</li><li class="bullet">Effects of Duty Drawbacks and Tax Rebates: Illustrative Experiments</li><li class="bullet">Concluding Remarks</li><li class="bullet">Appendix: Stability</li></ul><p> <form name="frmAbs" action="" style="visibility:hidden;"> <input name="href" value="/doi/abs/10.1142/9781783264797_0019" type="hidden"> <input name="title" value="Import Duty Drawback and VAT Rebate Policies: A CGE Analysis for China)" type="hidden"> <input name="doi" value="10.1142/9781783264797_0019" checked="checked" type="checkbox">