Numerous interpretations of John Stuart Mill´s utilitarianism have been proposed (in response to the above question) to date. The interpretation presented in this paper is distinctive in that it draws heavily upon multiple utility frameworks, a recent development in microeconomic theory. It is...

This paper reports the results of an exercise to augment the GTAP database with information from the income and current transfers components of the current account of the balance of payments. The exercise demonstrates that the process of augmenting the GTAP database is relatively...

This paper reports a CGE analysis that explores the consequences of the 1994-95 rise in the international price of coffee for Uganda´s economy. Evidence is found for a small effect on medium-term growth and poverty reduction. Aid dependence is among the reasons why this effect is not found to...

This paper reports the results of a series of simulations that evaluate the general equilibrium effects of substituting crude oil by biomass, specifically switchgrass, in the production of petroleum in the USA. The simulations are inspired by debates over the implications for developing...

This paper reports the results of a computable general equilibrium (CGE) analysis of the South African sugar industry. The study was inspired by analyses of the EU South Africa Free Trade Agreement that indicated the importance of sugar exports to the welfare gains from agricultural trade...

This paper provides a technical description of a global computable general equilibrium (CGE) model that is calibrated from a Social Accounting Matrix (SAM) representation of the Global Trade Analysis Project (GTAP) database. A distinctive feature of the model is the treatment of nominal and real...