The present sovereign debt crisis in the Economic and Monetary Union of the EU (EMU) is partly attributable to the pronounced increase in external imbalances across northern and southern euro zone countries during the years running up to 2007 (Lane and Milesi-Ferretti, 2011). While the behavior...

Structural change is a fundamental phenomenon that accompanies the development of market-based economies. Structural change in agriculture can be understood in a broad sense as adjustments of economic entities in the agricultural sector in response to various driving forces. Depending on the...

This paper analyzes the effects of the planned free trade agreement (FTA) between the European Union (EU) and Ukraine on inequality and poverty in the latter using a CGE-microsimulation model for Ukraine. Special attention is thereby given to the in-house production of agricultural and processed...

The aim of this paper is to assess the impacts of German energy policies on the competitiveness of national energy intensive industries. The basic idea behind our analysis is that energy policies in Germany create a certain electricity market structure resulting in a certain electricity price,...

Favorable period of 2000-2007 years with a high rates of GDP growth in Kazakhstan after the global economic crisis was replaced by a period of its moderate growth. According to estimates of monetary policy rules the National Bank of Kazakhstan concentrated focus on inflation targeting after the...

Ever since the accession of Spain to the European Economic Community, Andalusia has been recipient of European Funds, hence, this paper proposes an analysis on the main macroeconomic variables of the region, that will reveal the economic impact of the European Funds received by the Autonomous...

Ghersi and Hourcade (2006) proved that the impact of technical constraints (often derived from bottom-up models) may result in strong macroeconomic impacts. Therefore, the modeling choices of the representation of technical change in CGE models affect the evaluation of the cost of climate and...

This article examines land-use, market and welfare implications of lignocellulosic bioethanol production in Hawai?i to satisfy 10% and 20% of the StateÕs gasoline demand in line with the StateÕs ethanol blending mandate and Alternative Fuels Standard (AFS). A static computable general...

Spikes in international food prices in 2007-2008 worsened poverty incidence in Indonesia, both rural and urban, but only by small amounts. The paper reaches this conclusion using a multi-sectoral and multi-household general equilibrium model of the Indonesian economy. The negative effect on poor...

In line with the EU strategy on smart and sustainable growth, increasing attention has been directed to Research and Development activities in the Czech Republic. Both public and private Gross Expenditures on R&D (GERD) have doubled between 2000 and 2008. Whereas the private sector still...