Cities regularly face a wide range of economic development choices that inevitably create both winners and losers within their communities. Proper assessment of the impacts of such choices requires not only an appropriate modelling framework but also explicit understanding and incorporation of a city’s income distribution priorities. This paper proposes that a computable general equilibrium (CG...

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...

Purpose Climate change and its imminent threat to human survival adversely impact the agriculture sector. In an impoverished country like The Gambia, economic costs of climate are colossal. This study aims establish a computable general equilibrium (CGE) model for Gambia’s sector examine effects on crops, livestock sea-level rise. Design/methodology/approach used CGE with other models compute i...

The Indonesian national industry has experienced a slowdown in growth and decrease competitiveness, allegedly caused by the high price of natural gas. Therefore, government intervened implementing Certain Price Natural Gas Policy (Harga Bumi Tertentu), policy that facilitates industries to obtain gas at lower prices through issuance Presidential Decree Number 121 2020 concerning Pricing. This s...

The European Commission has proposed a Carbon Border Adjustment Mechanism (CBAM) to reduce carbon leakage and create level playing field for its domestic products imported goods. Nevertheless, the effectiveness of proposal remains unclear, especially when it triggers threats retaliation from trading partners Union (EU). We apply Computable General Equilibrium (CGE) model - Global Trade Analysis...

Import substitution policies are often inward-looking in trade deliberations. The present study is an attempt to quantify the likely benefits of protectionist tariff hikes enhancing domestic production and improving producer prices. It takes case edible oil imports India estimates price gains oilseed producers (farmers) processing industries may receive; increase oilseeds production, role techn...

Policy models such as Input-Output (IO) or Computable General Equilibrium (CGE) are deterministic, with exogenous final demand shocks producing point estimates of local impacts. Confidence intervals around these point estimates, while desirable, are not readily available. Yet such predictions often have an underlying stochastic element, which can be derived from the underlying statistical model...