There is an urgent need to mitigate global warming for all countries around the world. The People's Republic of China (PRC) has announced a series of energy and climate policy targets in contributing its efforts towards meeting the ambitious goals in the Paris Agreement and the newly pledged...

The WTO Trade Facilitation Agreement (TFA) has been predicted to bring about an expansion in trade flows and real income gains. To date, there is still very limited empirical evidence on the actual post-implementation impact of the TFA. This paper provides an assessment, combining econometric...

Purpose – This study assesses the impact of a potential Korea-Kenya FTA on the global economy, which includes the US, EU, UK, China, and Japan, using the Global Trade Analysis Project (GTAP) model.Design/Methodology/Approach – The study employs a static global multi-sector CGE model using...

China has taken some effective steps to shake off the effects of “COVID-19” and its economic development is unceasing recovery. Therefore, many foreign investments go into the Chinese market and lead to RMB appreciation, which would affect China’s economy-energy-carbon emissions system....

As governments around the world are implementing clean electricity supply transition policies to help address climate change, there has been an increased interest in the use of computable general equilibrium (CGE) models to estimate associated economic and CO2 impacts. Researchers have used a...

The South African Reserve Bank (SARB) uses interest rates to control inflation. The Computable General Equilibrium (CGE) model can contribute to inflation targeting objective and also determine the effects on banks and the economy. We improved the accuracy of the results from previous work on...