Policy simulations for national economies with econometric models, in general, are done using a standalone national model with exogenous export values and import prices. In a globalised world, such an exercise is critical, since the policy in question may change the export prices and the import...

The paper presents the multisector/multicountry energy–economic–environment model GINFORS, which has already been used as the simulation engine in the project MOSUS of the 5th EU framework programme. The detailed description of the model features the application ability for energy...

Green growth is an environmental policy strategy that aims at an absolute decoupling between economic growth and resource consumption. As far as the applied policy measures focus on direct enhancements of economy-wide resource efficiency levels, their overall achievements might however be...

The analysis concentrates on direct and indirect price increases, induced shifts in international trade and structural changes in the oil importing economies. The paper at hand asks, whether a stabilizing effect via international trade and domestic structural change on the GDP of oil importing...