This paper presents the overall and distributional welfare effects of alternative multi-regional emissions trading coalitions relative to unilateral action. It focusses on meeting Paris Agreement pledges more reduction targets consistent with 2 ∘ C 1.5 temperature pathways in 2030. The results from seven computable general equilibrium (CGE) models are compared. Across all models, gains highest ...

Abstract Computable general equilibrium (CGE) models have been widely employed in economic, social, and environmental impact assessments for low-carbon policies. As net-zero transition has become a global trend, it is crucial to conduct systematic review of how CGE serve This examined 1002 studies published between 2001 2021, revealing the application policy analysis by researchers 51 countries...

Although it is often argued that liberalization provides opportunities for growth and development in all over the world, there are divergent views about the effects of agricultural trade liberalization on growth and income distribution in developing countries. The developing countries’ main complaint in this regard is that trade distorting activities in agriculture by developed countries advers...

The arid regions of Northwest China are facing water shortages and ecological fragility. Making full use unconventional is one the effective ways solving issues achieving high-quality regional development. high cost utilization main obstacle to its technological development, subsidy policy may become a breaking point. Taking Ningdong Energy Chemical Industry Base (NECI Base) as case study, arti...

sensitivity analysis with respect to the functional forms provides estimates of the uncertainties involved in choosing a specific functional structure. this is vital in cge modeling where it is conventional to take elasticities from other studies. in the present study, the robustness of model results with respect to the functional form is checked. in one scenario, the production function is rep...

In this paper, a novel approach to modelling education and human capital formation in computable general equilibrium model is proposed. Rather than adopting microeconomic-based assumptions of formation, the method based on an empirical relationship between labor force composition expenditure services. It found some robust correlation workers’ shares educational expenditure, real terms per capit...

Macroeconomic policy makers are typically concerned with several indicators of economic performance. We thus propose to tackle the design of macroeconomic policy using Multicriteria Decision Making (MCDM) techniques. More specifically, we employ Multiobjective Programming (MP) to seek so-called efficient policies. The MP approach is combined with a computable general equilibrium (CGE) model. We...

This paper focuses on the macro-economic impacts of changes in health provision via its effects on the labour market. The resource allocation issues have been explored in theory, by further developing the Rybczynski theorem and empirically, using a Computable General Equilibrium model for the UK. From the theory, changes in non-health outputs are shown to depend on socalled factor-bias and scal...