This paper examines the macroeconomic consequences of the diversion of migration flows away from Germany towards the UK in the course of the EU’s Eastern Enlargement. Based on a forecast of the migration potential under the conditions of free movement and of the transitional arrangements, we...

In line with the EU strategy on smart and sustainable growth, there has been an increasing attention directed to Research and development activities in the Czech Republic. Gross expenditures on R&D have doubled between 2000 and 2008 and the private R&D sector remains the biggest contributor to...

In line with the EU strategy on smart and sustainable growth, increasing attention has been directed to Research and Development activities in the Czech Republic. Both public and private Gross Expenditures on R&D (GERD) have doubled between 2000 and 2008. Whereas the private sector still...

Developed economies are facing a problem of declining competitiveness on a global scale. The perspectives for sustaining the world economic leadership are associated with stimulating technological progress through innovations and investments to R&D. This is a challenge for the private sector but...

The objective of this study is to construct a 2-goods “tradable and non-tradable”, 4-factors, 13-industries, single-country general equilibrium model with references to the case- specific features of North Cyprus and explore the impact of external income shock on the economy as a whole. The...

The government of Quebec has launched a major public infrastructure spending program funded essentially by debt. This choice can have long term consequences on growth if the eviction effect is strong. In this paper, we use a recursive dynamic model of the Quebec economy to analyse alternative...

This paper will review the specification of international trade in CGE models, focusing on how the modelers have drawn on trade theory to build empirical models to analyze issues of: trade liberalization, regional integration, trade-wage links, structural adjustment to macro shocks, choice of...

Universal primary education ranges prominently among the Millennium Development Goals and is thus regarded as an important component of human development. In addition, education is widely believed to allow a country to access a higher steady state growth path by accumulating human capital....

This paper models the Hawaii’s economy in a CGE framework in order to analyze the economic impacts of energy (electricity) efficiency. Looking at energy flows in Hawaii’s economy, this paper traces the greenhouse gas (GHG) footprint of industry activities by linking a monetary computable...

Combating climate change and other environmental problems are among the main challenges of the current century. As a consequence, researchers as well as policymakers are discussing worldwide how regulative interventions should be designed to cope with these tasks. From an economic perspective,...