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This paper links the ENVISAGE computable general equilibrium model with a microsimulation to assess the economic effects of implementing the Regional Comprehensive Economic Partnership (RCEP). Reductions of tariffs and non-tariff measures, implementation of a rule of origin, together with...
Persistent link: https://www.econbiz.de/10014447569
The point of departure for the study of the impact of energy and environmental policies is the neoclassical theory of …
Persistent link: https://www.econbiz.de/10014025283
impact on the investment incentives and thus on long-run development. Increasing the discount rate from 0.9% to 4.5% leads to …
Persistent link: https://www.econbiz.de/10009312501
The paper investigates the long-run consequences of a phase-out of nuclear energy for the Swiss economy. We apply the CITE model, a CGE model with fully endogenous growth, and complement it with a bottom-up model. We find that the nuclear phase-out can be achieved at relatively low costs, even...
Persistent link: https://www.econbiz.de/10009625089
En este trabajo se ilustran los efectos de distintas medidas de consolidación fiscal sobre la actividad económica mediante simulaciones realizadas con un modelo de equilibrio general calibrado para la economía española. Los resultados muestran que, con carácter general, el proceso de...
Persistent link: https://www.econbiz.de/10013105975
We examine main works that use the computable general equilibrium model in measuring the impact of trade liberalization on growth and distribution. We modify the model to include prospective restructuring of the economy and its distribution mechanisms, and apply it to one of the least developed...
Persistent link: https://www.econbiz.de/10013015914
This study uses both econometric and modelling techniques to quantify the macroeconomic impact of regulatory reforms removing barriers in the European Single Market for services that have taken place in the European Union between 2006 and 2017. It also provides scenario analyses of the impact of...
Persistent link: https://www.econbiz.de/10012887382
impact on the investment incentives and thus on long-run development. Increasing the discount rate from 0.9% to 4.5% leads to …
Persistent link: https://www.econbiz.de/10014176596
The Peruvian economy has exhibited remarkable growth in the past 20 years. Good tax and monetary policies, along with comprehensive structural adjustment, which has attracted substantial foreign investment, are regarded as the pillars of this success. Notwithstanding the advances experienced on...
Persistent link: https://www.econbiz.de/10011285046
Human-generated greenhouse gases depend on the level and emissions intensity of economic activity. Therefore, most climate change studies are based on models and scenarios of economic growth. Economic growth itself, however, is likely to be affected by climate change impacts. These impacts...
Persistent link: https://www.econbiz.de/10013070331