The creation and accumulation of knowledge constitutes without any doubt one of the major drivers of progress and development. The incontrovertible evidence of that creative process is present everywhere in our daily routines and societies. However, it is rather difficult to define a measure of...

Multi-sector, multi-region computable general equilibrium (CGE) models are typically based on the most recent consistent accounts of region- and sector-specific production, consumption, bilateral trade and energy flows as provided by the GTAP data base. However, even the most recent data base...

We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). We conduct a quantitative assessment of the Chinese emissions trading scheme (ETS) with the help of PACE (Policy Analysis...

Russia is currently experiencing a turnaround in its energy and climate policy. In this paper, we analyse the effects of different environmental and energy policies on the Russian economy and the state of the environment at both federal and regional level. The core SUSTRUS model augmented by the...

Since the latter half of 1990s, it has been discussed that many developing countries are going to face serious population aging problem while these economies are still underdeveloped and not adequately prepared against aging yet in terms of institutional reform such as social security. As the...

This study aims to analyse the impact of increased ICT R&D public spending on the European economy using the regional RHOMOLO model. The theoretical motivation for this research stems from ongoing discussion on the complementarity and substitutability between public and private R&D spending, and...

During the 12th Five-Year Plan (FYP) period of China (2011-2015), Chinese government set the carbon intensity emission reduction target for the first time. This target is allocated to all the provinces in China without a trading mechanism. In our study, we aim to evaluate the impact among...

Tourism is an economic activity of immense significance for both developed and developing countries. In recent years, computable general equilibrium (CGE) models have been widely used to investigate the economic effects of tourism. In this paper a tourism CGE model is applied to estimate the...

We compute demand and supply multipliers in order to compare them. These multipliers are computed by using a CGE model. The analysis is applied to two regional economies, Catalonia and Extremadura, so we can compare the results of both economies. We build a Computable General Equilibrium (CGE)...

This study incorporates endogenous and directed technical change in a dynamic, general equilibrium framework, with a bottom-up representation of technologies. On the example of the Austrian transport sector this paper studies the economic impacts of a carbon tax and a subsidy in research and...