This article presents several preliminary results of the real prices application on the Tunisian economy through a dynamic computable general equilibrium model. The objective is to assess the effects of the progressive dismantling policies of oil products subsidy on the economic growth, the...

This article deals with the work carried out in Argentine institutions at the level of empirical economywide modeling, particularly in the fields of input-output and computable general equilibrium modeling, pointing out some limitations and proposing possible extensions.

The overlapping generations (OLG) model is an important framework for analyzing any type of question in which age cohorts are affected differently by exogenous shocks. However, as the dimensions and degree of heterogeneity in these models increase, the computational burden imposed by rational...

Recent development trends of environmental taxation in Ukraine in context of the 2011 Tax Reform are analysed. Institutional, fiscal and security challenges for green taxes evolution during economic downturn and recession are summarized. Further modernization outlook for environment-oriented...

We start addressing the performance of environmentally related taxes in Argentina, Bolivia and Uruguay and find differences in level and structure with OECD countries but with the common feature that energy taxes are prime contributors. We then model an energy tax reform process out a status quo...

The use of environmental taxes for pollution problems without spillovers is studied in a multi-jurisdictional setting. The problem is studied using the standard Mintz & Tulkens (1986) model for interjurisdictional tax competition. This is a model with 2 regions, two tradeable private goods:...

The patchwork of laws designed to control air pollution from U.S. power plants has been criticized from a variety of different perspectives. Business groups argue that the laws are too complex and burdensome to industry. Environmentalists maintain that power plant emissions need to be further...

We examine the effects on GNP for groups of countries after introducing different schemes of tradable CO2 emission rights. The analysis is based on a numerical general equilibrium model of the world economy. The development of prices and trade of energy carriers and emission rights are investigated.

Vietnam is planning to implement a new environmental tax law in 2012. The objective of the study is to provide a predictive quantitative evaluation of the impacts of the proposed draft environmental tax law of Vietnam on producer and user prices, sectoral output and employment, the commodity...

The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...