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We have observed a flourishing literature in recent years on the use of CGE models to perform poverty and income … distributional analysis and more recently some extensive poverty analysis and the second approach is the micro-simulation CGE … approach which consists of using large number of households in CGE models to perform poverty and income distribution analysis …
Persistent link: https://www.econbiz.de/10005696249
In this paper, we provide an overview of approaches used to model income distribution and poverty in CGE models. CGE … non-parametric methods to apply GFT poverty indices. None of the authors of these papers have gone into much detail to …
Persistent link: https://www.econbiz.de/10005696259
on poverty. In recent years, a number of papers have presented differen approaches using CGE models to analyze poverty … poverty analysis, albeit with no intra-group changes in the distribution; CGE models with high levels of household … decomposable poverty analysis and income distribution indicators are computed at base year and after a 50% reduction in trade. …
Persistent link: https://www.econbiz.de/10005670293
We use a CGE model to estimate the social cost of a marginal increase in public expenditure in Norway. Norway exemplifies an economy with high taxes. Distortionary taxes imply wedges between the market prices and the corresponding shadow prices. The shadow prices are unobservable, which is the...
Persistent link: https://www.econbiz.de/10011968166
Policies to reduce emissions of greenhouse gases such as CO2 will affect the rate and pattern of technological change in alternative energy resources and other production processes. Imperfections in markets for non-polluting technologies imply that a decentralised economy does not deliver a...
Persistent link: https://www.econbiz.de/10010284276
We use a CGE model to estimate the social cost of a marginal increase in public expenditure in Norway. Norway exemplifies an economy with high taxes. Distortionary taxes imply wedges between the market prices and the corresponding shadow prices. The shadow prices are unobservable, which is the...
Persistent link: https://www.econbiz.de/10004980692
Actual tax systems do not follow the normative recommendations of yhe theory of optimal taxation. There are two reasons for this. Firstly, the informational difficulties of knowing or estimating all relevant elasticities and parameters. Secondly, the political complexities that would arise if a...
Persistent link: https://www.econbiz.de/10005572202