This paper investigates the possible economic effects of free trade agreement, implying a mutual zero import tariffs in the trade between the Customs Union (Russia, Belarus, Kazakhstan) and the European Union. Analysis of the effects is made using CGE model.We estimate the impact of an FTA on...

We scrutinize the impact of international productivity gains (spillovers) induced by imports and exports on optimal tariffs. Our research question reads: how do trade-induced international productivity gains influence the choice of the optimal tariff? Trade-induced international technology...

A Common Economic Area (CEA) formed by Russia, Kazakhstan and Belarus since January 1st 2012, following creation of the Customs Union between these countries in 2007 (and in operation since mid-2010), raises a number of topical questions on whether it can be sustainable, trade-stimulating,...

COP17 in Durban revealed once again the general willingness to commit to the 2°-target and the difficulty to reach an international Post-Kyoto agreement until 2015. There is strong evidence from model-based analysis that economic costs of reaching the 2°-target will be below global GDP growth...

Russia is not only one of the world’s major sources of carbon based energy – coal, oil and gas - but is also one the most intensive users of energy. Furthermore, Russia accounts for a disproportionately large share of global carbon emissions – some 5 to 6 percent of global carbon emission...

The paper details construction of a regional social accounting matrix (RSAM) for Russia. The RSAM is constructed for the SUST-RUS regional computable general equilibrium model. The SUST-RUS model is aimed on assessment of sustainable development policies in Russia. In the process of the RSAM...

The present paper describes the construction and first empirical application of the SUSTRUS model (the name of the model refers to “Sustainable Russia”). This model will be the main result of the same-named EU funded project. The SUSTRUS model belongs to the group of regional CGE models,...

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...