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Double dividend of climate protection and the role of international policy coordination in the EU : an applied general equilibrium analysis with the GEM-E3 model

Conrad, Klaus; Schmidt, Tobias F. N. - 1997

impacts on the EU. The methodological framework used is based on a multi-country and multi-sectoral computable general … equilibrium model for eleven EU-member states. The emphasis of the analysis lies on the institutional setting of a carbon dioxide … findings of the paper can be summarized as follows: 1) There is some potential for a double dividend in the EU. 2) Coordination …

Persistent link: https://www.econbiz.de/10013428140

The goals of sustainable development and the reform of the EU banana trade regime : a discussion of different trade instruments

Osório-Peters, Suhita - 1998

Ideally a new reform of the EU trade regime for bananas (COMB) should be equipped in a way that it makes a long … introduce an innovative model - auctioning producers' offers in the EU. Issues concerning the auction design and its GATT …, the EU should also introduce - in addition to an auction of producers' offers - social and ecological labels in the banana …

Persistent link: https://www.econbiz.de/10013428173

What do we really know about fiscal sustainability in the EU? : a panel data diagnostic

Afonso, António (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003641707

Trust in government and fiscal adjustments

Bursian, Dirk; Weichenrieder, Alfons J.; Zimmer, Jochen - 2013

The paper looks at the determinants of fiscal adjustments as reflected in the primary surplus of countries. Our conjecture is that governments will usually find it more attractive to pursue fiscal adjustments in a situation of relatively high growth, but based on a simple stylized model of...

Persistent link: https://www.econbiz.de/10009764994

Euro membership and fiscal reaction functions

Weichenrieder, Alfons J.; Zimmer, Jochen - 2013

The paper uses fiscal reaction functions for a panel of euro-area countries to investigate whether euro membership has reduced the responsiveness of countries to shocks in the level of inherited debt compared to the period prior to succession to the euro. While we find some evidence for such a...

Persistent link: https://www.econbiz.de/10009748386

Fiscal sustainability in the presence of systemic banks : the case of EU countries

Bénassy-Quéré, Agnès; Roussellet, Guillaume - 2012

We provide a first attempt to include off-balance sheet, implicit insurance to SIFIs into a consistent assessment of fiscal sustainability, for 27 countries of the European Union. We first calculate tax gaps à la Blanchard (1990) and Blanchard et al. (1990). We then introduce two alternative...

Persistent link: https://www.econbiz.de/10009659351

3-Step analysis of public finances sustainability : the case of the European Union

Afonso, António (contributor); … - 2008

We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …. -- Fiscal sustainability ; EU ; panel cointegration …

Persistent link: https://www.econbiz.de/10003751092

Fiscal sustainability, fiscal reactions, pitfalls and determinants

Afonso, António; Coelho, José Carlos - 2022

We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and one-period lagged public debt-to-GDP ratio; and...

Persistent link: https://www.econbiz.de/10013162289

To consolidate or not to consolidate? : a multi-step analysis to assess needed fiscal sustainability

Afonso, António; Alves, José; Jalles, João Tovar - 2022

We assess the specific need (or its absence) of a country to implement a fiscal consolidation programme by focusing specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a primary balance above or below the...

Persistent link: https://www.econbiz.de/10012938962

Employment and performance effects of circular economy innovations

Horbach, Jens; Rammer, Christian - 2019

Circular economy (CE) describes an economic concept that aims at saving resources by minimizing the use of material and energy over the entire life-cycle or products, including repair, reuse and recycling. CE innovations help to realize the goals of a sustainable development and target both the...

Persistent link: https://www.econbiz.de/10011999582