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We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset covering the period 1980-2003. We find that tourism countries grow significantly faster than all the other sub-groups considered in our analysis. Tourism appears to be an independent...
Persistent link: https://www.econbiz.de/10010312601
world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists …, by allowing clean countries to become net importers of emissions, leads to a 10% increase in world emissions with respect … situations where world emissions are either maximal or minimal. It turns out that effective emissions correspond to a 90 …
Persistent link: https://www.econbiz.de/10010312621
This paper considers the technical aspects and the consequences, in terms of simulation results and policy assessment, of introducing imperfect competition in a CGE model. The modifications to the standard CGE framework needed to model imperfect competition in some industries are briefly...
Persistent link: https://www.econbiz.de/10010312626
The threat of global warming calls for a major transformation of the energy system the coming century. Modeling technological change is an important factor in energy systems modeling. Technological change may be treated as induced by climate policy or as exogenous. We investigate the importance...
Persistent link: https://www.econbiz.de/10010312645
Persistent link: https://www.econbiz.de/10010313132
Economic liberalization almost everywhere has constituted a positive supply shock which has been profoundly disinflationary at the global level. Financial liberalization in the industrial countries has also given fuller rein to inherent tendencies towards “procyclicality”, a process of...
Persistent link: https://www.econbiz.de/10010313137
Persistent link: https://www.econbiz.de/10010313140
Der Euroraum steckt in einem Dilemma zwischen ordnungspolitischen Anforderungen an eine langfristig stabile Währung auf der einen Seite und systemischen Risiken bei Einhaltung dieser Anforderungen auf der anderen Seite. Dieses Dilemma hat Anlass für Spekulationen gegen einzelne Staaten des...
Persistent link: https://www.econbiz.de/10010313143
Persistent link: https://www.econbiz.de/10010313144
Persistent link: https://www.econbiz.de/10010313145