Literature review shows that most economic analyses of climate change have focused on the international cross-section analysis on the impact of mitigation actions. This paper departs in disaggregating the impact by provinces in one country, focusing particularly on industrial structure and income disparities between different provinces in China. With different economic growth, there exists subs...

While the computable general equilibrium (CGE) model is a well established tool used in economic analyses, it is often viewed as a blackbox because of the complexity of the model structure and the many assumptions made regarding the underlying calibration data and model parameters. To characterize the behavior of the CGE model, we perform a large-scale Monte Carlo experiment to examine its sens...

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...

Cities regularly face a wide range of economic development choices that inevitably create both winners and losers within their communities. Proper assessment of the impacts of such choices requires not only an appropriate modelling framework but also explicit understanding and incorporation of a city’s income distribution priorities. This paper proposes that a computable general equilibrium (CG...

Environmental pollution is now a serious problem in many developing countries. One approach to combat the problem is to implement various pollution control policies. However, due to a lack of adequate quantitative models, the economic impacts and effectiveness of many pollution control policies are still unknown. This article uses the computable general-equilibrium (CGE) approach to develop an ...

The European Green Deal (EGD) is the most ambitious decarbonisation strategy currently envisaged, with a complex mix of different instruments aiming at improving sustainability development patterns Union in next 30 years. intrinsic complexity brings key open questions on cost and effectiveness strategy. In this paper we propose novel methodological approach to soft-linking two modelling tools, ...

the effects of omitting production subsidies from agricultural sector and the related industries in iran are explored in this paper. to simulate the effects of this policy, a computable general equilibrium (cge) model for iran economy was developed and the latest input- output table published in 2001 and the accompanying information regarding national accounts was used as database in the form o...

Policy models such as Input-Output (IO) or Computable General Equilibrium (CGE) are deterministic, with exogenous final demand shocks producing point estimates of local impacts. Confidence intervals around these point estimates, while desirable, are not readily available. Yet such predictions often have an underlying stochastic element, which can be derived from the underlying statistical model...