We employ the WTO Global Trade Model (GTM) to generate quantitative projections on the expected long-run impact of digitalization on global trade patterns. Five trends are modelled: (i) adoption of artificial intelligence which raises productivity growth; (ii) digitalization reducing trade...

We employ the WTO Global Trade Model (GTM) to generate quantitative projections on the expected long-run impact of digitalization on global trade patterns. Five trends are modelled: (i) adoption of artificial intelligence which raises productivity growth; (ii) digitalization reducing trade...

Some countries have voiced unease about differences between their own tariff rates and those of major trading partners, calling for more "reciprocity". These calls raise the question how large the negative spillover effects of countries' tariffs on others have become over time. Given a presumed...

There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...

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,...

Designing and implementing effective and efficient climate policies requires an understanding of climate change impacts. However, the estimation of climate change impacts remains lacking, without an understanding of the sectoral details of climate change impacts and their further impacts on the...

There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...

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...