The notion of sectoral approaches – in which developing and emerging economies are incentivized to undertake efforts to reduce greenhouse gas emissions intensity or growth in key industrial sectors, potentially with assistance from developed countries – play an important role in the debate...

Health effects of medical expenditures deserve consideration in the literature addressing the dividends of environmental taxation, since illness not only influences utility, but also affects leisure and working time. We for the first time differentiate the health effects and tax deductibility...

In this paper, we develop a structural macro econometric model for Turkey, to assess the role of structural characteristics of an emerging economy on macroeconomic indicators. In this model, standard macroeconomic policy results are observed as the target levels and actual levels. Technically,...

The first part of our paper is devoted to a critical review of the main international agreements to reduce climate change and their implementation in the EU environmental policy. The EU has undoubtedly made a big effort in developing a progressive environmental policy, but many of its own...

Two theses are presented and discussed throughout the paper. First, the limits on public deficits with the Stability and Growth Pact (SGP) do not correspond to the imposition of restrictive fiscal policies, but instead to the abandonment of an ultimate goal of economic policy: full employment....

We examine the two-level and the three-level nested four factor Constant Elasticity of Substitution production functions, where labor is disaggregated into skilled and unskilled labor and the capital stock into structures and equipment capital. We estimate inter-factor substitution elasticity...

The fact that the literature tends to find biases in national fiscal projections has led to a growing claim in the academic and policy arenas for the need to introduce independent forecasts in the fiscal domain, prepared by independent agencies, like the European Commission (EC) in the case...

In recent years, the computable general equilibrium (CGE) models for different regions have become an important area for research in economics. The aim of this paper is to analyze the fiscal policy and the effects of fiscal federalism to economic agents in a regional economy context. For this...

The Turkish Health System underwent several evolutions from the early days of the Republic until the beginning of 1990s. The most radical changes came after 1990s in the context of reforms implemented within Turkey’s accession process to European Union. The Turkish Health System has been...

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...