Policy simulations during the last decades have been heavily relying on standard static CGE models with a small number of industries. Recently DSGE models (usually termed as New Keynesian) have been developed that incorporate dynamic behavior and institutional constraints at the aggregate...

Following the debate on the implications of international trade for global climate policy, this paper assess the economic benefits gained by exporting countries in products and services for exports against the emissions generated in their production. In 2008, 24% of global GHG emissions and 20%...

After around one year from the natural disaster that affected Japan on March 2011, large uncertainty still exists in the quantification of the global economic impacts. The largest parts of studies mainly accounts for the physical damage excluding the cascading effects generated on world...

This note provides an overview of the employment impact of exporting activity in the EU. We find that the exports of goods and services to the rest of the world supported around 25 million jobs in Europe in 2007 (an increase of 3 million since 2000). Two main additional insights stand out from...

In the recent decades, the increase in the world population, the economic expansion and the globalization of the economy have led to a dramatic growth in the use of some natural resources and in the levels of pollution. These trends have coincided with a growing concern about some critical...

In the recent decades, the increase in the world population, the economic expansion and the globalization of the economy have led to a dramatic growth in the use of some natural resources and in the levels of pollution. These trends have coincided with a growing concern about some critical...

This paper presents a theoretical model to allocate emission responsibility between producers or consumers and estimates: (1) the carbon dioxide (CO<SUB align="right"><SMALL>2</SMALL></SUB>) emissions embodied in the bi-lateral trade of manufactured products between Italy and China from 1997 to 2003 and (2) the CO<SUB align="right"><SMALL>2</SMALL></SUB> emissions avoided...</small></sub></small></sub>