The government of Quebec has launched a major public infrastructure spending program funded essentially by debt. This choice can have long term consequences on growth if the eviction effect is strong. In this paper, we use a recursive dynamic model of the Quebec economy to analyse alternative...

This paper will review the specification of international trade in CGE models, focusing on how the modelers have drawn on trade theory to build empirical models to analyze issues of: trade liberalization, regional integration, trade-wage links, structural adjustment to macro shocks, choice of...

Universal primary education ranges prominently among the Millennium Development Goals and is thus regarded as an important component of human development. In addition, education is widely believed to allow a country to access a higher steady state growth path by accumulating human capital....

This paper models the Hawaii’s economy in a CGE framework in order to analyze the economic impacts of energy (electricity) efficiency. Looking at energy flows in Hawaii’s economy, this paper traces the greenhouse gas (GHG) footprint of industry activities by linking a monetary computable...

Combating climate change and other environmental problems are among the main challenges of the current century. As a consequence, researchers as well as policymakers are discussing worldwide how regulative interventions should be designed to cope with these tasks. From an economic perspective,...

The overall impact of sea-level rise (SLR) is one of the reasons of concern related to climate change (e.g. Smith et al., 2009). SLR can reach one metre by the end of the century, which might translate into large economic damages (World Bank, 2009). Sea level rise could severely affect...

This paper presents a dynamic Overlapping Generations Computable General Equilibrium (OLG-CGE) model of Scotland. The model is used to examine the impact of population ageing on the labour market. More specifically, it is used to evaluate the effects of labour force decline and labour force...

Korea government has recently promoted the green growth policies to reduce the energy consumption and cope with global warming by decreasing the greenhouse gas emissions. However, there have been only few quantitative researches on the forecast in case of meeting the government’s reduction...

he Fourth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) predicts global sea level to rise (SLR) by up to 60 cm by 2100 in response to ocean warming and glaciers melting. Moreover, it is expected that sea level rise might be of 1 meter or more in 2100 due to recent...

This study quantifies the economic and poverty impacts of the 2008-2009 world crisis on Ecuador, including the effects of the main policy responses of the Ecuadorian Government to face the crisis. The main hypothesis highlights the magnitude of two transmission channels: trade (through a...