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This paper explores to what extent moving towards the 30% GHG emission reductions by 2020 with respect to 1990 in the EU can be considered a <italic>transformative target</italic>. To do so, we first define the concept of transformative targets from a complex systems perspective and show a novel approach and...
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The “Arab spring” aftermath calls for a closer look at the developments in the south Mediterranean countries. This paper develops and assesses alternative scenarios for the region up to the year 2030 with the employment of GEM-E3, a computable general equilibrium model. The scenarios...
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This report presents the economic and structural database compiled for the MEDPRO project. The database includes governance, infrastructure, finance, environment, energy, agricultural data and development indicators for the 11 southern and eastern Mediterranean countries (SEMCs) studied in the...
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We investigate the relationship between female labour force participation and economic growth in the South Mediterranean countries with a two-step methodology of econometric exercise and general equilibrium modelling. Econometric estimations on female labour participation confirm the U-shaped...
Persistent link: https://www.econbiz.de/10010678799
In general equilibrium models the reference scenario is important, as the evaluation of the alternative policies modelled is based on their deviation from the reference scenario. The reference scenario relates to the development of an economic outlook for each region and sector of the model....
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