Currently, achieving sustainable transformation toward a carbon-dioxide-free industrial production process is one of the greatest challenges. The chemical element hydrogen used as an energy source and a basic feedstock can play an important role in reaching this goal. Our analysis is based on...

Structural change means a long-term change in the composition of economic output: agriculture, industry, and services. First, we describe this process in the context of Thailand. Second, we analyse its causes using a simple, comparative static computable general equilibrium model of the Thai...

Agriculture is the primary sector sustaining the Indonesian economy. However, appropriate policies are also required to support the service sector. Therefore, this study aims to analyze two central policies: the impact of trade openness and the role of the service sector on agriculture and...

This study uses a computable general equilibrium (CGE) model to analyze the impact of skilled and semi-skilled labor supply shocks on the Ethiopian economy and sectoral outputs. The study examines three policy scenarios: a 10% increase, a 15% increase, and a 20% increase in skilled and...

Given the rising levels of carbon emissions, governments in the East Asia region are exploring effective decarbonization policies. This study examines the socio-economic and environmental implications of these policies using a computable general equilibrium model that captures the closed...

This study investigates the impact of global price fluctuations on economic welfare in Burkina Faso, with a particular focus on the role of trade intermediaries. Using a computable general equilibrium (CGE) calibrated with a 2019 Social Accounting Matrix (SAM), the analysis incorporates a trade...

This paper uses results from leading biophysical models in an established macro-economic modeling framework to offer insights on potential economic consequences of climate change in Asia and the Pacific. The analysis covers shocks in agriculture, fisheries, forestry, energy demand, capital (from...

The Paris Agreement mandated high-greenhouse-emitting countries implement carbon pricing to accelerate emission reduction to cope with environmental challenges posed by climate change. We emphasized a research analysis of the reciprocal feedback mechanism between micro- and macro-economic...

This paper examines how changes in the minimum wage influence an economy with a substantial informal sector. To achieve this, we simulate the recent minimum wage increase in Latvia, providing a comprehensive assessment of its macroeconomic, sectoral, and distributional effects. This panoptic...

As digital trade becomes an increasingly vital component of the global economy, identifying the impact of wider international cooperation on digital trade issues becomes a growing policy imperative. This paper seeks to provide a quantitative analysis of the potential economic impacts of...

A key challenge in modeling water scarcity in computable general equilibrium (CGE) models is getting the substitution elasticity between water and the other inputs right. This paper develops a novel method to derive the values of the substitution elasticity between water and land by implementing...

We examine the potential economic impacts of the new United States (US) tariff on Cambodia using a dynamic global general equilibrium model (GTAP-FIN). We simulate the impact of US tariff increases announced in August 2025 while also examining two additional hypothetical cases for Cambodia....

Die veränderte geopolitische Situation, das Scheitern multilateraler Ansätze sowie die neuen Herausforderungen in Bezug auf ökologische und digitale Transformation verlangen eine neue strategische Ausrichtung der EU, die auch die Kooperation und Vertiefung von Handelsbeziehungen mit...

The impact of trade liberalization on Malawi's economy has been a hotly debated topic, To shed light on the subject, a study was conducted using the PEP-1-1 CGE model and the latest Malawi's Social Accounting Matrix (SAM) from 2019, The results were eye-opening, revealing the potential effects...

The Russian invasion of Ukraine contributed to soaring world market prices of many commodities with severe repercussions for many African countries. This study examines the implications of the 2022 world market price increases for wheat, fuels, and fertilizers for Ethiopia. Using a computable...

Is the harmonization of different food standards between countries in the context of free trade agreements exclusively positive, or is there a risk of high social costs for consumers? The harmonization of different national regulations plays an important role in contemporary trade policy. In...

In this paper, we project the impact of the implementation of a Joint Statement Initiative (JSI) on Services Domestic Regulation (SDR). We proceed in three steps. First, we include the WTO SDR Index, a binary score of SDR implementation in 23 sectors and 86 economies, in a gravity equation,...

Die veränderte geopolitische Situation, das Scheitern multilateraler Ansätze sowie die neuen Herausforderungen in Bezug auf ökologische und digitale Transformation verlangen eine neue strategische Ausrichtung der EU, die auch die Kooperation und Vertiefung von Handelsbeziehungen mit...

This study uses a Computable General Equilibrium (CGE) model to analyse how mitigation and adaptation strategies affect climate change impacts in Ireland. Five impacts-coastal flooding, riverine flooding, heat on labour productivity, human health, and agricultural productivity-are incorporated,...