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Regional economic resilience in the European Union : a numerical general equilibrium analysis

Di Pietro, Filippo; Lecca, Patrizio; Salotti, Simone - 2020

Using a spatial general equilibrium model, this paper investigates the resilience of EU regions under three alternative recessionary shocks, each of them activating different economic adjustments and mechanisms. Using a theoretical framework, we measure the vulnerability, resistance, and...

Persistent link: https://www.econbiz.de/10012241690

Impacts of fuel subsidy rationalization on sectoral output and employment in Malaysia

Noorasiah Sulaiman; Mukaramah-Harun; Yusuf, Arief Anshory - In: Asian development review : studies of Asian and pacific … 39 (2022) 1, pp. 315-348

Large allocations for fuel subsidies have long put the Government of Malaysia’s budget under great strain. Using a computable general equilibrium (CGE) model, this paper evaluates the impact of fuel subsidy rationalization on sectoral output and employment. Employment is classified into...

Persistent link: https://www.econbiz.de/10013329411

Regional general equilibrium modelling with forward-looking agents : an application to the 2014-2020 European structural regional investments

Crucitti, Francesca; Lecca, Patrizio; Monfort, Philippe; … - 2022

We investigate the effects of the 2014-20 European structural funds with a general equilibrium model calibrated on the NUTS 1 regions of the EU. We assume forward-looking agents to account for expectations and long-lasting effects of the policy. The almost €260 billion of investments lead the...

Persistent link: https://www.econbiz.de/10013457638

Trade effects of transportation infrastructure among CAREC countries

Baniya, Suprabha; Taniguchi, Kiyoshi - 2022

This paper investigates the trade effects of transportation infrastructure reforms funded by the Asian Development Bank (ADB) in the Central Asia Regional Economic Cooperation (CAREC) program. To do this, we applied a combination of geographic information systems (GIS), econometric, and...

Persistent link: https://www.econbiz.de/10013357200

EDGE-M3: a dynamic general equilibrium micro-macro model for the EU member states

D'Andria, Diego; DeBacker, Jason; Evans, Richard W.; … - 2020

This paper provides a technical description of the overlapping generations model used by the Joint Research Centre to analyse tax policy reforms, including in particular pension and demographic issues. The main feature of the EDGE-M3 model lies in its high level of disaggregation and the close...

Persistent link: https://www.econbiz.de/10012241664

Assessing the impact of the United States-People's Republic of China trade dispute using a multiregional computable general equilibrium model

Gentile, Elisabetta; Li, Gen; Mariasingham, Mahinthan Joseph - 2020

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 quantify...

Persistent link: https://www.econbiz.de/10012301155

Impact and cost-benefit analysis : a unifying approach

Scandizzo, Pasquale Lucio - In: Journal of economic structures : JES; the official … 10 (2021), pp. 1-13

This paper presents a methodology to integrate cost-benefit analysis and SAM-CGE-based impact evaluation. While the two types of analysis have developed in parallel and without a clear connection, there is growing consensus that the two approaches should be integrated for complex investment...

Persistent link: https://www.econbiz.de/10012588776

Economic dynamic modelling of climate policy in Poland

Kiuila, Olga; Lewczuk, Emilia - In: Central European economic journal 8 (2021) 55, pp. 246-255

Poland is responsible for 9% of CO2 emission in the European Union (EU), making it the fifth biggest emitter in the region. The energy sector is dominated by electricity produced from coal (around 70%). The country currently uses massive subsidies to boost the coal sector. We propose a dynamic...

Persistent link: https://www.econbiz.de/10012799193

Modelling industry specific policy with TIM : Treasury's multi-sector dynamic general equilibrium model of the Australian economy

Carlton, Freya; Gustafsson, Linus; Hinson, Melissa; … - 2023

The Australian economy is constantly affected by technological, demand and policy shocks from home and abroad. The opportunities and challenges presented by these shocks create demand for government advice on the likely effects on households, firms and the Australian economy, and in turn...

Persistent link: https://www.econbiz.de/10014333506

Tourism industry as a competitive advantage of Greece during and after the economic crisis : financial analysis of selected hotel and shipping companies

Michail, Pazarskis; Sofia, Kourtesi; Christos, … - In: International journal of management, economics and … 12 (2023) 1, pp. 29-51

The tourism industry is very important to the economic prosperity of a country, even in a period of economic crisis. In … last decade, tourism industry of Greece, which contributes significantly to the country's economy, faced many problems … challenges during the economic crisis. To shed light on this situation, Greek-listed companies in the tourism industry were …

Persistent link: https://www.econbiz.de/10013550226