plentifulness of oil resources on the one hand, and serious economic challenges in the course of development of the country, on the other hand, makes the optimum use of these resources a considerable issue in achieving the goals of sustainable development. iran’s experience in establishing exchange reserve account (era) during 2000-2005 indicates that its main function is saving the surplus rev...

The eurozone is both a unique project and an unprecedented case in the history of monetary unions. It has characteristic single policy but with sixteen national fiscal policies. measures that are aimed at compensating for absence more complete union have been orientated mainly toward domestic follow discipline. aim paper to outline polemical views on integration, identify potential forms deeper...

Computable general equilibrium (CGE) models are ubiquitous in energy and environmental economics research. Recent technological advancements in electricity fuels, generation technologies, and environmental policies which target specific generation technologies (e.g., emission regulations) have motivated detailed CGE modeling of the electricity sector. Modeling these issues requires distinct ele...

Alternative approaches to modelling distributional and welfare effects of changes in policy and the economic environment in developing and transition countries are surveyed. Microsimulations range from pure accounting approaches to models with behavioural equations based on econometric estimates and various dynamic models. Microsimulation accounting models are key to analysing the impact effect...

Computable general equilibrium (CGE) models of world trade, often presented as demonstrating the benefits of trade liberalization, now make much more modest forecasts than they did just a few years ago. The estimated benefits are not only small in the aggregate, but also skewed toward developed countries; the expected contribution of trade liberalization to economic development and poverty alle...

1 This paper examines the impact of trade liberalization on poverty reduction in Bangladesh by using Computable General Equilibrium (CGE) analysis. By using CGE analysis we see that WTO and SAFTA have a positive impact of increasing in household welfare in Bangladesh through increasing in household consumption in Bangladesh. The major findings of two simulation results show that under the compl...

We show how to calibrate CES production and utility functions when indirect taxation affecting inputs and consumption is present. These calibrated functions can then be used in computable general equilibrium models. Taxation modifies the standard calibration procedures since any taxed good has two associated prices and a choice of reference value units has to be made. We also provide an example...