Showing 1 - 10 of 204
Concerns about adverse impacts on domestic energy-intensive and trade-exposed (EITE) industries are at the fore of the political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without emission pricing appeal as a measure to reduce carbon...
Persistent link: https://www.econbiz.de/10010259986
decision problems under uncertainty, is used to build a large stochastic numerical equilibrium model of the Western European …
Persistent link: https://www.econbiz.de/10010212655
solve a simple and intuitive computable general equilibrium (CGE) model using a calculator. Because this simplified …
Persistent link: https://www.econbiz.de/10011581180
We develop a stylized general equilibrium model to decompose the rebound effect of energy efficiency improvements into … its partial and general equilibrium components. In our theoretical analysis, we identify key drivers of the general … equilibrium rebound effect, including a composition channel, an energy price channel, a labor supply channel, and a growth channel …
Persistent link: https://www.econbiz.de/10011864608
Asymmetric climate policies are expected to distort the level-playing field regarding international trade, singularly to the detriment of small open economies. The paper develops a flexible method that provides essential input regarding the design of offsetting measures. It builds on...
Persistent link: https://www.econbiz.de/10008749036
During the last decades, the United States has applied increasingly high trade protection against China. We combine detailed information on US antidumping (AD) duties - the most widely used trade barrier - with US input-output data to study the effects of trade protection along supply chains. To...
Persistent link: https://www.econbiz.de/10012405465
We develop a network trade model with country-sector level input-output linkages. It includes (1) domestic and global value chain linkages between all country-sectors, (2) direct as well as indirect shipments (via other sectors and countries) to a final destination, (3) value added rather than...
Persistent link: https://www.econbiz.de/10011962330
equilibrium model and calibrate it to US data in order to characterize the contribution of micro level productivity shocks, inter …
Persistent link: https://www.econbiz.de/10011921976
For a quarter century, a top priority in transportation economic theory has been to develop models of rush-hour traffic dynamics that incorporate traffic jams (hypercongestion). The difficulty has been that "proper" models result in mathematical intractabilty, while none of the proposed...
Persistent link: https://www.econbiz.de/10011305426
The paper advances the log-generalized gamma distribution as a suitable generator of conditional skewness. Based on the NYSE composite daily returns an asMA-asQGARCH model along with skewness dynamics is estimated. The results indicate a skewness that varies between sizeable negative skewness...
Persistent link: https://www.econbiz.de/10011398115