In this paper we estimate the benefit for the ageing North countries of diversifying some of its trade away from the other North countries in favour of the South countries. To this end we use a six-region overlapping generations model that takes into account the demographic trends of the 21st...

1 Introduction In 2009, major offshore natural gas deposits were discovered in Israel after historically being an energy-poor state relying on imported fossil fuels to meet its energy needs, and an energy island that is disconnected from energy infrastructure in the region, with the exception of...

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...

Empirically investigates the shock relationship of exchange rate volatility on bilateral trade flows between Nigeria and India. Vector Autoregressive Model (VAR) 1. The innovations of Nigeria trade flows shocks to related India price and income shocks shows that it generates inconsistencies that...

We reassess, with industry-level data, the scale effect from trade protection, by means of a comprehensive fixed-cost variable, composing both technology coeficient and firms size, and a comparative (international) analysis. Evidence is based on Brazil’s manufacturing industries during its...

To access, with industry-level data, an ampler set of trade-policy effects under imperfect competition, which are: the competition, the scale and allocative effects. In theoretical terms, we rely on comparative advantages, underpinning the general-equilibrium analysis, and on spatial...

Try to find the effect of exchange rate on the employment of countries. CGE modell and new georgraphy Economics As long as we concern, the employment rate will increase when a country takes part in devaluation no matter what type it belongs to. On the other side, the participation of other...

CGE models are a widely used and accepted technique for policy evaluation and impact analysis. The modeling technique is especially useful in the analysis of trade reforms, tax reforms, energy sector reform and development policy analysis. However, the results of such models are often argued to...

The state budget crisis in the Eurozone has raised the issue of international trade imbalances prevailing in Europe. Whereas Germany holds a strong trade surplus other neighbouring countries show a deep trade deficit. The result is that some economies in Europe have built-up high debts in order...

1. Identify unanticipated shocks in foreign aid. 2. Examining how macroeconomic stability constraints foreign aid and hinders the drives of growth. Vector Auto-regression Model 1. Estimates of the innovations of foreign aid shocks to macroeconomic variables shocks generates inconsistencies that...