Drawing on the stylized facts and evidences, in a computable general equilibrium (CGE) model, this paper examines the impact on TFP of North–South, North–North trade-related triangular R&D spillovers. By constructing different technology appropriation parameters based on embodied and disembodied R&D, absorption and learning effects, it shows: (i) North–South R&D flows have a positive impact on ...

Abstract The problem of how to evaluate investments in airports has now been studied for over 50 years. This paper analyzes the use different methods like cost–benefit analysis (CBA), economic impact (EIA), and computable general equilibrium (CGE) models address question. It assesses strength weaknesses each method, it discusses which have used countries. argues that CBA approach newer CGE mode...

The phenomenon of rising wage inequality has been extensively documented in OECD countries. In the final quarter of the last century it appears to have been particularly marked in the US and UK. The drivers of rising inequality have been subject to econometric analysis and the relative roles of trade and skill-biased technical change evaluated. In this paper, we take an alternative approach, na...

This paper makes use of a 1997 computable general equilibrium (CGE) model to analyse three potential strategies that Mozambique can pursue unilaterally with a view to initiating a sustainable development process. They include (i) an agriculture-first strategy, (ii) an agricultural-development led industrialization (ADLI) strategy, and (iii) a primary-sector export-oriented strategy. The ADLI st...

Demographic transition due to population aging is an emerging issue throughout the developing world, and especially in China, which has undergone demographic transition more rapidly than most industrial economies. This paper quantifies the distributional effects in the context of demographic transition using the integrated recursive dynamic computable general equilibrium (CGE) model with top-do...