Subsidy is a tool used by governments as a form of financial aid to support specific economic sectors. Today subsidy is common in several countries, such as Iran due to different political and economic reasons. This study has examined the effects of changing agricultural subsidies on production and exports. For this purpose, a computable general equilibrium model (CGE) for the year 2011 was use...

In this paper, a novel approach to modelling education and human capital formation in computable general equilibrium model is proposed. Rather than adopting microeconomic-based assumptions of formation, the method based on an empirical relationship between labor force composition expenditure services. It found some robust correlation workers’ shares educational expenditure, real terms per capit...

Although it is often argued that liberalization provides opportunities for growth and development in all over the world, there are divergent views about the effects of agricultural trade liberalization on growth and income distribution in developing countries. The developing countries’ main complaint in this regard is that trade distorting activities in agriculture by developed countries advers...

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, ...

F or several decades, the selection of a proper tax base has been among the most serious concerns for the economic policy makers. The computable general equilibrium models analysis provides a comprehensive framework for the investigation of the effects of the adopted policies on the economy of a country. In the present study, using a static computable general equilibrium, the effects of tax ref...

Abstract This paper assesses the economic impact of Japan-EU Economic Partnership Agreement (JEEPA) on all EU member states as well Japan. The novelty this study is that it refers to countries and provides an overview expected output effects JEEPA for in a detailed sectoral breakdown. investigated using Computable General Equilibrium (CGE) framework. Calculations revealed returns from vary amon...