The paper forecasts the residential property price index in Belgium with a dynamic factor model (DFM) estimated with a dataset of macro-economic variables describing the Belgian and euro area economy. The model is validated with out-of-sample forecasts which are obtained recursively over an...

Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is one of the Mega Regional Trade agreements with the main objective of liberalized trade among the fast-growing Asia Pacific member countries. CPTPP (formerly TTP) members consist of eleven countries in wake of the...

Goods and service tax (GST) introduced as a ‘good and simple tax’ on 1 July 2017 by the Modi government is the boldest measure of tax reform so far in India. The major aim of this paper is to evaluate the micro and macro impacts of the goods and services taxes (GST) using a dynamic...

Since the onset of the ongoing United States (US)–People’s Republic of China (PRC) trade dispute in 2017, stakeholders and experts alike have expressed deep concerns that the tensions would come at a cost for the countries involved and the global economy. In this paper, we endeavor to...

COVID-19 has led to a wealth of research examining possible impacts; however, potential impacts on food security have received much less attention. We use a computable general equilibrium model to simulate the potential impacts of COVID-19 using observed changes from 2020 (September) in...

This paper introduces a computable general equilibrium model of intergovernmental relations in which heterogeneous agents (i) are endowed with income and houses, (ii) are fully mobile between multiple jurisdictions, and (iii) vote in both local and state elections to determine local property and...

On May 5, 2020, the U.S. Trade Representative announced plans to negotiate a free trade agreement with the United Kingdom. We use GTAP to model the economic impacts of this free trade agreement, exclusively focusing on the bilateral tariff elimination. We find that a standard GTAP model leads to...

Based on the National Food Security Program (NFSP), this study examines both the impact of gender disparities in productivity in the Nigerian agriculture sector and the policy interventions that have attempted to close this gap. We use a CGE model and Nigeria’s updated social accounting matrix...

The COVID-19 pandemic has already made a significant impact on various sectors. No country was fully prepared to face this global pandemic, and Indonesia is no exception. For Indonesia, this pandemic shook not only the public health service system but also the economy. This study makes...