This research aims analyzes the economic structure of the EU-27 economy by 2000, using the Agricultural Social Accounting Matrices (Agrosams) developed by JRC-ITPS (EC) which are disaggregated agricultural sector of these countries and for that particular yearWe will use the software SIMIPSAM...

In this study we evaluate the regional effects of ageing and balancing of fiscal deficits by using a dynamic, regional AGE model for Finnish Economy. We use a MONASH-type dynamic model called VERM (dynamic TERM). To study the effects of ageing, we make use of econometric results and long term...

Due to membership process, the European Union (EU) is the principal trade partner of Turkey. It has concentrated more than half of its total trade flows with EU countries since the II. World War. However, along with emerging of new markets in Asia, Turkey engaged in developing economic ties with...

Using a theory based gravity equation, I first show that cultural dissimilarity (similarity) negatively (positively) affects bilateral imports of countries. More importantly, I examine Huntington's the Clash of Civilizations hypothesis and provide evidence that the impact of cultural...

Strategies to increase the contribution of renewable energy to the energy system and to enhance energy efficiency of industries and households are on the agenda of many countries. The motifs are manifold: using the domestic potential for energy generation and thus increasing energy security or...

“Input-Output” table which was designed for solution of mutual relation(impact) problem is widely applied tool in the world for conducting economic analysis and forecasting. One of the most important problem of our today’s world is to prevent financial-economic crises in  several...

This paper analyses the economic impact of the foreseeable withdrawal of a large amount of the European Structural funds in the Andalusian economy, for the 2014-2020 Community Support Framework.We develop a Dynamic General Equilibrium Model that will assess, under different simulation scenarios,...

Venezuela is among the top 10 countries in the world with high rates of subsidies. Taking as reference the database of the IEA (2011), subsidies in Venezuela reach 20 billion US dollars, equivalent to 7% of GDP, or in per capita terms $690 per person. 86 percent of these subsidies are allocated...

Policy simulations during the last decades have been heavily relying on standard static CGE models with a small number of industries. Recently DSGE models (usually termed as New Keynesian) have been developed that incorporate dynamic behavior and institutional constraints at the aggregate...

An effective tax system is one of the essential factors for successful country development. The first step to understand the performance of public revenue systems is to establish some commonly agreed performance measurement and benchmarking which can be applied across countries. In this regard...