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Gains and losses from trade liberalization are often unevenly distributed inside a country. For example, if budget shares vary according to household income, changes in commodity prices will redistribute an overall welfare change between household types. Household incomes will also be...
Persistent link: https://www.econbiz.de/10005747817
This paper outlines the theory and database preparation of IndoTERM, a 'bottom-up' computable general equilibrium model of the Indonesian economy. IndoTERM follows the pattern of other CGE models of the TERM family: it treats each region of a single country as a separate economy, linked to other...
Persistent link: https://www.econbiz.de/10010740497
The Common Agricultural Policy (CAP) is one of the most complex and also the most costly of all EU policies. It comprises over 40 financing streams, including Pillar I and Pillar II measures which are highly regulated. In the case of Poland, these are directed to all 16 NUTS2 regions. We are...
Persistent link: https://www.econbiz.de/10011131948