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...

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...