Most debates about the role of tariff cuts on the level of employment and rate of wages in labor market have come out of well-known Hecscher – Ohlin and Stopler – Samuelson (HOS) theorems. Considering the fact that we have divided the workforce into skilled and unskilled labors the present paper assesses the impacts of tariff cuts on labor market indicators in Iran. To address these issues...

The main objective of this study is to examine the dynamic impact import tariff reduction on major macroeconomic variables and its long-run implications for fiscal sustainability Ethiopia. In addition, it estimates increase in average consumption tax required compensate possible revenue loss sustainability. A Recursive Dynamic Computable General Equilibrium Model (RDCGEM) used assess increased ...

This article examines the impact of Indonesia’s electricity reform and meeting its 2030 carbon emissions 2050 renewable energy targets on country’s economic growth, poverty income distribution. Simulation results from a dynamic computable general equilibrium model show that tax in Indonesia have regressive while gasoline has progressive impact. Of two demand side policies, was found to be more ...

Numerical economic models of energy fall into two general categories: models analyzing within energy sector issues and models examining the interaction between the energy sector and the rest of the economy. The first category are mostly partial equilibrium models with a very detailed and disaggregated representation of the energy sector. Although very useful for sector planning purposes this cl...

In the Value Added Tax (VAT) system some goods and services, such as banking services, are exempted from taxes. Based on theoretical foundations, exempt treatment leads to several distortions and inefficiencies in the economy. In order to understand the importance of exemption on macroeconomic fluctuations as well as the fundamental role of financial intermediaries in economy shocks, this study...

The global spread of COVID-19 has complicated the international equilibrium grain production and trade. China now faces external shocks in market deep-seated problems associated with structure domestic supply. We used a dynamic, computable general (CGE) model to analyse effects on China’s food security macroeconomics under scenario four technological progress paths agricultural sector. showed t...

We investigate, from the perspective of auto industry, impact US steel and aluminum tariffs resumption under revised North American Free Trade Agreement, on trade in America foreign direct investment (FDI) Japan. The results our policy simulation analyses with a recursive dynamic computable general equilibrium model are as follows. Canada Mexico, being alternative partners other countries, woul...