The recent economic sanctions against Russia can jeopardize the sustainability of the European Union’s (EU) energy supply. Despite the EU’s strong commitment to stringent abatement targets, fossil fuels still play a significant role in theEU energy policy. Furthermore, high dependency on Russian ene...
La Bolivie traverse actuellement une période d'opportunités sans précédent pour un changement social positif. Toutefois, ces possibilités pourraient être compromises dans un contexte de changement climatique qui s'est aggravé et intensifié au cours des dernières années. Les initiatives d'adaptation...
In Senegal, as in many developing countries, the agricultural sector plays a key role in the economy. In addition to supplying food, agriculture is the most important source of employment, especially for women. Through the Plan for an Emerging Senegal (PES), the Senegalese government is implementing...
The coronavirus pandemic (Covid-19) is threatening the well-being of citizens in most countries of the world, however women and men could be affected in different ways. This study uses a gender-sensitive computable general equilibrium model linked to a micro model to assess the impacts of the Covid-...
Economic reforms affect men and women differently. In South Africa, gender and racial disparities still exist in the labour market, with women being highly vulnerable. The South African economy is in a depressed situation, with high levels of debt and public deficit. To improve the financial situati...
The results of the June 2016 referendum in favour of the UK leaving the EU opened a period of huge economic and political uncertainty in the UK, and in the EU27. A large number of official and academic analyses have been published that address the economic impact of different modalities of Brexit. S...
For dynamic computable general equilibrium (CGE) modeling, long-term baseline construction is key and depends on the applied methods and the sources of projections considered. For dynamic CGE models, baseline assumptions and base data are both important determinants of results. This paper reviews th...
Modelling and projecting consumption, investment and government demand by detailed commodities in CGE models poses many data and methodological challenges. We review the state of knowledge of modelling consumption of commodities (price and income elasticities and demographics), as well as the histor...
Because energy is usually absent from modern growth analysis, Unified growth models designed to study the economic take-off process have tended to focus on the role of human capital accumulation and its interaction with technical change. However, prominent economic historians claim that the transiti...
When modelling medium and long-term challenges we need a reference path of economic development (the so-called baseline). Because sectoral models often offer a more fundamental understanding of future developments for specific sectors, many CGE modeling teams have adopted different kinds of linking...
The results of the June 2016 referendum in favour of the UK leaving the EU opened a period of huge economic and political uncertainty in the UK, and in the EU27. A large number of official and academic analyses have been published that address the economic impact of different modalities of Brexit. S...
This article provides a knowledge-based and energy-centred unified growth model of the transition from limited to sustained economic growth. We model the transition between: (i) a pre-modern organic regime defined by limited growth in per capita output, high fertility, low levels of human capital, t...
Blockchains are distributed ledgers, operated within peer-to-peer networks. We model the proof-of-work blockchain protocol as a stochastic game and analyze the equilibrium strategies of rational, strategic miners. Mining the longest chain is a Markov perfect equilibrium, without forking, in line wit...
The threat of climate change requires redirecting investment towards low-carbon sectors, and this shift generates heated debates about its impact on employment. Many studies exist, most of which use CGE or Input-Output (IO) models. However, the economic mechanisms at play remain unclear. This paper...
"This paper provides an introduction on the most relevant theories and types of regional integration on one hand and the most important methodologies to assess the net economic growth effects of the Free Trade Agreements (FTAs) between countries on the other. The first section briefly describes a ba...
Negotiators have reached a deal on a limited series of issues WTO Ministerial Conference in Bali (3–6 December 2013), one of these being trade facilitation. Based on a quantitative assessment taking into account the detail of the last proposals circulated, we argue however that due to the design of...
"The main goal of the paper is to assess the effects of several permanent tax rate hikes implemented by the Spanish Government in 2009 and 2010 to counteract the rapid increase of the public deficit and debt registered in 2009-10. It uses a numerical general equilibrium model calibrated to a social...
"This paper reviews the few regional studies on the impact of European Structural funds in Spain using Computable General Equilibrium (CGE) Models. While the models in these studies are widely used to evaluate the effects of very different public policies, they rarely have been used to quantify the...
We consider a neo-Keynesian model with staggered prices and wages. When both contracts exhibit sluggish adjustment to market conditions, the policy maker faces a trade-off between stabilizing three welfare relevant variables: output, price inflation and wage inflation. We consider a monetary policy...
This paper formalizes and demonstrates how transport infrastructure between rural areas helps Third World countries deal with crop failures. In developed economies where transport costs are negligible, a crop failure in one area enhances market opportunities for producers in other growing regions. I...
This paper analyses the impact of a carbon tax over the Brazilian economy. To assess the consequences of this climate policy the model IMACLIM-S BR was developed by the authors using a hybrid input-output matrix with base year 2005. The model is also innovative due to the integration of bottom-up, e...
Cet article trouve son origine dans un double constat : le déficit d'acceptabilité des politiques climatiques d'une part et le déficit de crédibilité, de légitimité et d'appropriation des scénarios de réduction d'émission de gaz à effet de serre d'autre part. Pour répondre à ces limites, nous avons...