This paper assesses the economic impacts of the Swiss climate policy formulated under the Kyoto Protocol; the impacts on the carbon price, the welfare cost, and trade effects are examined. Our analysis is based on a multi-sectoral and multi-regional, computable general equilibrium (CGE) model of the world economy (GEMINI-E3) which includes a representation of the Swiss economy. The model is use...

Supply chains are the backbone of trade and commerce. Their logistics use different transport corridors on regular basis for operation al purpose. The international supply chain transport corridors include different infrastructure elements (e.g. weighbridge, package handling equipments, border clearance authorities, and so on). Th is paper presents th e use of multi-agent systems (MAS) to model...

International Trade and its Effects on Economic Growth in China International trade, as a major factor of openness, has made an increasingly significant contribution to economic growth. Chinese international trade has experienced rapid expansion together with its dramatic economic growth which has made the country to target the world as its market. This research discusses the role of internatio...

We develop a dynamic model of intermediate goods trade in which the pattern and the extent of intermediate goods trade are endogenous. We consider a small open economy whose …nal good production employs an endogenous array of intermediate goods, from low technology (high cost) to high technology (low cost). The underlying intermediate goods technology evolves over time. We allow for endogenous ...

Timo Henckel is a Fellow in international and development economics at the Crawford School of Economics and Government, The Australian National University Vanuatu’s economy paints a picture of contradictions: it has continued on the recent growth path with low inflation, government budget surpluses, and increased capital inflows. Yet successful management of the economy has not translated into ...