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...

In the past years biofuels have received increased attention since they were believed to contribute to rural development, energy security and to fight global warming. It became also clear, though, that bioenergy cannot be evaluated independently of the rest of the economy and that national and international feedback effects are important. Computable general equilibrium (CGE) models have been wi...

We explore how and by how much assumptions about elasticities of substitution affect estimates of the cost of GHG emissions reduction policies in computable general equilibrium (CGE) models using G-Cubed, an intertemporal CGE model, to carry out a sensitivity and factor decomposition analysis. The results suggest that the average abatement cost rises non-linearly as elasticities are reduced. Su...

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 ...

Growing water scarcity is one of the central challenges for sustainability in China, given its burgeoning industry and huge population, especially in the arid and semi-arid inland river basin where precipitation is very limited. Industrial transformation is an important engine of economic growth, which is required to be implemented by governments at all levels in China. Economic models have gen...

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...

The production of public goods like amenity value of the landscape, food security, preservation of rural communities and rural lifestyle, by agricultural sector is a subject that has been widely accepted by experts. However, in many policies and political analyses carried out, solely the production of private goods by the agricultural sector is paid attention and the important function of publi...

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...