This study quantitatively analyzes the general equilibrium effects of declines in world demand for tobacco products. The study finds that tobacco exports and production in the three developing countries, Malawi, Zimbabwe, and Turkey, would be badly hit if world tobacco prices fall due to the...

This paper considers supply decisions by firms in a dynamic setting with adjustment costsand compares the behavior of an optimal control model to that of a rule-based system whichrelaxes the assumption that agents are explicit optimizers. In our approach, the economicagent uses believably simple...

Cover title. "June 1997"--Cover. Includes bibliographical references (p. 46-48).

Analysis of climate change is often computationally burdensome. Here, we present an approach for intelligently selecting a sample of climates from a population of 6800 climates designed to represent the full distribution of likely climate outcomes out to 2050 for the Zambeze River Valley....

This study links a multi-sectoral regionalized dynamic computable general equilibrium model of Ethiopia with a system of country-specific hydrology, crop, road and hydropower engineering models to simulate the economic impacts of climate change towards 2050. In the absence of externally funded...