Query Result Set
Skip Navigation Links
   ActiveUsers:1431Hits:19667970Skip Navigation Links
Show My Basket
Contact Us
IDSA Web Site
Ask Us
Today's News
HelpExpand Help
Advanced search

  Hide Options
Sort Order Items / Page
COMPUTABLE GENERAL EQUILIBRIUM - CGE (2) answer(s).
 
SrlItem
1
ID:   130916


General equilibrium analysis of the TPP free trade agreement wi / Xin, Li   Journal Article
Xin, Li Journal Article
0 Rating(s) & 0 Review(s)
Publication 2014.
Summary/Abstract The approaching tenth year of the Doha Round with no achievements to celebrate indicates a failure of the World Trade Organization. Formal negotiations of the Round expired in 2005 without reaching a consensus, and informal negotiations were stalled in 2008. Thus, the Trans-Pacific Partnership (TPP), a recent initiative to deepen trade relations among countries bordering the Pacific, was greeted with applause and relief as a step in the right direction. This article discusses the region-wide Free Trade Agreement series of linked agreements that cover various members and issues. The recursive dynamic computable general equilibrium (CGE) model simulates two scenarios against the baseline, namely, a TPP agreement with China and without China. The preliminary results show that the TPP agreement without China cannot change the significant roles of markets and geography as the principal factors behind the economic integration of Southeast Asia with China. Trade and investment agreements facilitate market forces, they do not oppose them. The integration of the Asia-Pacific countries may benefit the US and other key economies.
        Export Export
2
ID:   128307


Impact of the Australian carbon tax on industries and household / Meng, Sam; Siriwardana, Mahinda; McNeill, Judith   Journal Article
Meng, Sam Journal Article
0 Rating(s) & 0 Review(s)
Publication 2014.
Summary/Abstract With the new Australian Government and various interest groups objecting to the Australian carbon tax, public opinion about pricing carbon is divided. Some of the disagreement may be due to misunderstandings about the effects of the policy. In an effort to clarify some of the issues, this article reports the simulated effects of a carbon tax of A$23 per tonne of carbon dioxide on different economic agents, with and without a compensation policy. We employ a computable general equilibrium (CGE) model with an environmentally extended social accounting matrix (SAM). At the sectoral level, brown coal electricity, black coal electricity and the brown coal mining sectors are big losers. The effect on various employment occupations is mildly negative, ranging from ?0.6 per cent to ?1.7 per cent, with production and transport workers worst affected. According to household utility projections, low-income households suffer more from a carbon tax and benefit more from the proposed compensation policy. However, the commonly used equivalent variation (EV) tends to reverse this conclusion.
        Export Export