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Equilibrium (SCGE) model - RHOMOLO; one Computable General Equilibrium (CGE) model - GEM-E3; and one macro-econometric model … - NEMESIS. The report critically compares particularly those parts of the four models that are relevant to R&D transmission … of innovative activities and spatial knowledge spillovers, RHOMOLO has a comparative advantage, as it is the only one …
Persistent link: https://www.econbiz.de/10011983742
Ethiopia is one of the most vulnerable countries to climate change. This is because its important economic sector, agriculture, is virtually rain-fed. The role of the sector in the current economic structure and the potency of the anticipated biophysical impacts of climate change necessitates...
Persistent link: https://www.econbiz.de/10011689647
The objective of this paper is to analyze the rebound effect from increased efficiency in industrial use of energy in Sweden. Energy efficiency improvements can have significant micro- and macroeconomic effects that hampers the positive effect on real energy savings. To assess the size of the...
Persistent link: https://www.econbiz.de/10013027148
On May 5, 2020, the U.S. Trade Representative announced plans to negotiate a free trade agreement with the United Kingdom. We use GTAP to model the economic impacts of this free trade agreement, exclusively focusing on the bilateral tariff elimination. We find that a standard GTAP model leads to...
Persistent link: https://www.econbiz.de/10013215978
The dynamic spatial general equilibrium model RHOMOLO with endogenous firm location incorporates multiple sources of … by costly trade and imperfect competition. In RHOMOLO, three mechanisms interact in determining the equilibrium spatial …
Persistent link: https://www.econbiz.de/10011099080
This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the … EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is …-level government system. The holistic framework of RHOMOLO allows to assess not only economic, but also social and environmental …
Persistent link: https://www.econbiz.de/10011524125
implemented into the RHOMOLO spatial and dynamic general equilibrium model calibrated on a set of inter-regional Social Accounting …
Persistent link: https://www.econbiz.de/10011981477
This paper examines the development and implementation of computable general equilibrium (CGE) models and examines their application to economies undergoing transition. The generalised development of a CGE model is presented in terms of the series of 'building blocks' which comprise a typical...
Persistent link: https://www.econbiz.de/10005187412
implemented into the RHOMOLO spatial and dynamic general equilibrium model calibrated on a set of inter-regional Social Accounting …
Persistent link: https://www.econbiz.de/10012055391
effectiveness by proposing a novel type of economic impact assessment. We use the RHOMOLO model to gauge empirically the general …
Persistent link: https://www.econbiz.de/10012206749