Although textile and apparel imports from most countries entered the United States quota-free after the expiration of the Agreement on Textiles and Clothing on January 1, 2005, substantial restraints remain on U.S. trade in these sectors, including high tariffs, quantitative restraints on China...

The future effects of population ageing on the Australian economy have been widely canvassed in recent years, most notably in government reports concerned with its budgetary position. On the income side, they focus on how ageing affects labour supply and gross domestic product. On the...

There seems to be no conclusive note on strengthening multilateralism except for the lip service generally paid by the World Trade Organization (WTO) members during their meetings, only to go back and get increasingly involved in their respective regional pursuits. The success of the Doha...

In this study, the objective is to integrate both financial institutions and financial instruments into the social accounting matrix (SAM) in order to build a coherent financial social accounting matrix for Turkey by using 1996 data. The SAM became popular and has been frequently utilized by...

The elasticities of substitution between imported and domestically produced goods - Armington elasticities - are estimated in this paper for the Philippines. The estimated elasticities are intended for use in a large, empirically based computable general equilibrium model of the Philippine...

Substitution elasticities in policy-oriented computable general equilibrium (CGE) models are key parameters for model results since they determine behaviour in these models. As Dawkins et al. (2001) observe, the current situation with regard to the elasticities available for use in these models...

The economy implications that climate change holds for agricultural sectors in 2050 are estimated using a static computable general equilibrium model. A peculiar feature of this exercise is the interfacing of the economic model with a climate model forecasting temperature increase in the...