The traditional cost-benefit analysis (CBA) for transport appraisal has two key weaknesses. Firstly, by assuming static prices in markets external to transport, externalities cannot be considered other than in an ad-hoc, case-by-case manner. This approach is only valid under restrictive assumptions regarding perfect competition and the reflection of marginal costs in prices, which may not be ap...

The selection of appropriate parameters for computable general equilibrium (CGE) models critically affects the results of applied economic modeling exercises. Valid and reliable parameter selection models are needed, and typically comprise direct estimation, expert opinion, or copycatting of results from seminal studies. The purpose of this study is to use meta-analysis to summarize and more ac...

Computable General Equilibrium (CGE) models have been widely used for quantitative analysis of global economic issues. However, CGE models are frequently criticized for resting on weak empirical foundations. This paper builds on recent work in macro-econometric estimation, developing an approach to parameter estimation for a widely employed global CGE model, the Global Trade Analysis Project (G...

The African Continental Free Trade Area (AfCFTA) entered into force in May 2019 after surpassing the required 22 ratifications. This article combines decision support model (DSM) and Global Analysis Project (GTAP) computable general equilibrium (CGE) to make quantitative assessments of expected welfare trade effects AfCFTA on Nigerian South sectors possessing sustained export potential within m...

in this paper for calculating policy analysis matrix parameters, with regard to real or shadow prices, we pay attention to variation of endogenous variables, using results of cge  model. the results of the study indicated that,in output market, because of government policies, there are implicit tax on products of iran;s auto industry. but inputs of auto industry, benefits from government subsid...

Energy technologies and innovation are considered to play a crucial role in climate change mitigation. Yet, the representation of technologies in energy-economy models, which are used extensively to analyze the economic, energy and environmental impacts of alternative energy and climate policies, is rather limited. This dissertation presents advanced techniques of including technological innova...

 Most debates about the role of tariff cuts on the level of employment and rate of wages in labor market have come out of well-known Hecscher – Ohlin and Stopler – Samuelson (HOS) theorems. Considering the fact that we have divided the workforce into skilled and unskilled labors the present paper assesses the impacts of tariff cuts on labor market indicators in Iran. To address these issues...