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policies at the European level by integrating network, regional economic and macro-economic impacts. The paper presents the … static analysis, using estimates of trade cost changes due to new infrastructure links, obtained from a transport network … model. By performing a systematic and quantitative analysis of the spatial, network and socio-economic impacts of transport …
Persistent link: https://www.econbiz.de/10011511031
This paper presents an integrated model of urban agglomeration economies within a computable general equilibrium (CGE) model of global economic activity, energy use and carbon emissions to explore the theoretical and empirical nature of the interdependence of cities and the world economy in a...
Persistent link: https://www.econbiz.de/10011287054
We argue that the rationalization gains often predicted by static applied general equilibrium models with imperfect competition and scale economies are artificially boosted by an unrealistic treatment of fixed costs. We introduce sunk costs into one such model calibrated with real-world data. We...
Persistent link: https://www.econbiz.de/10013148360
We argue that the rationalization gains often predicted by static applied general equilibrium models with imperfect competition and scale economies are artificially boosted by an unrealistic treatment of fixed costs. We introduce sunk costs into one such model calibrated with real-world data. We...
Persistent link: https://www.econbiz.de/10014214412
This paper reports the application of our new spatial computable general equilibrium (SCGE) model for analyzing the wider effects of strategic transport and land use development options. We examine the insights afforded by a SCGE model relative to those provided by existing land use and...
Persistent link: https://www.econbiz.de/10011507862
This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium,...
Persistent link: https://www.econbiz.de/10011524125
Persistent link: https://www.econbiz.de/10003932911
infrastructure policies in Egypt. The model is integrated with a GIS network. We illustrate the analytical capabilities of the model …
Persistent link: https://www.econbiz.de/10011484086
We analyse the simulated effects of a tariff reduction as outlined in the Morocco-European Union (EU) trade agreement. Two-thirds of Morocco's trade is with the EU. The analysis is based on a CGE model that integrates 5129 households from a 1998-99 national household standards of living survey...
Persistent link: https://www.econbiz.de/10014057744
We provide an overview of several approaches to modeling market structure in multisector general equilibrium (MSGE) models, including both oligopoly and monopolistic competition. We emphasize open economy models and applications to international economic policy. We map out practical strategies...
Persistent link: https://www.econbiz.de/10014025267