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Computable general equilibrium (CGE) models are a standard tool for policy analysis and forecasts of economic growth. Unfortunately, due to computational constraints, many CGE models are dimensionally small, aggregating countries into an often limited set of regions or using assumptions such as...
Persistent link: https://www.econbiz.de/10012832817
Intertemporal CGE models allow agents to respond fully to current and future policy shocks. This property is particularly important for trade policies, where tariff reductions span over decades. Nevertheless, intertemporal CGE models are dimensionally large and computationally difficult to...
Persistent link: https://www.econbiz.de/10012927798
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Meeting net-zero emissions targets requires major and ongoing reductions in the use of fossil fuels. We focus on the role of three key emitters in a large dimensional, 30 country/region energy and trade model, designated as GTAP-R, to meet minimal Paris Agreement targets, illustrating the path...
Persistent link: https://www.econbiz.de/10013309450
A key challenge for global livestock production is the prevalence of infectious animal diseases. These diseases result in low productivity in meat and dairy production, culled animals, and significant barriers to trade and lost income from meat and meat products. Foot-and-mouth disease (FMD)...
Persistent link: https://www.econbiz.de/10012945518