This paper evaluates the impact of some key labor market reforms on rural-urban inequality and income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium (CGE) model of China. We also explore how these factor market reforms interact with product market reforms currently underway as part of China's WTO accession process. The simulation results show tha...

We show how to calibrate CES production and utility functions when indirect taxation affecting inputs and consumption is present. These calibrated functions can then be used in computable general equilibrium models. Taxation modifies the standard calibration procedures since any taxed good has two associated prices and a choice of reference value units has to be made. We also provide an example...

This study assesses the economy-wide impacts of private investment in hotel industry Jamaica. Specifically, paper develops a tourism-extended social accounting matrix (SAM) and dynamic computable general equilibrium (CGE) model tailored to Jamaican economy. To analyse terms poverty inequality, CGE results are linked with microsimulation model. The demonstrate that tourism investments leading an...

A passenger transport model, Asia-pacific Integrated Model (AIM)/Transport, incorporating travelers’ mode of choice and transport technological details was developed in this study. This AIM/Transport was coupled with the AIM/Computable General Equilibrium (AIM/CGE) to capture interactive mechanisms between the transport sector, energy consumption, greenhouse gas (GHG) emissions, and the macro-e...

This paper reviews Bolivia’s economic and social development over the period 198599, and investigates the country’s future prospects for pro-poor growth using a Computable General Equilibrium (CGE) model. Model simulations show that under optimistic assumptions the growth and poverty goals envisaged in the Bolivian poverty reduction strategy may be achieved, but that performance will fall short...

Abstract The Japanese government plans to reduce greenhouse gas emissions by 80% 2050. However, it is not yet clear which policy measures the will adopt achieve this goal. In regard, environmental tax reform, combination of carbon regulation and reduction existing distortionary taxes, has attracted much attention. This paper examines effects an reform in Japan. Using a dynamic computable genera...

Most interesting results on the welfare effects of regional arrangements are ambiguous at a theoretical level. Many questions only have quantitative answers that are specific to the particular structural features of the economy and the policy considered. Thus, to determine the impact of prospective regional arrangements governments often rely on a quantitative evaluation. Usually at the request...

This chapter discusses whether and how 'new quantitative trade models' (NQTMs) can be fruitfully applied to quantify the welfare effects of trade liberalization, thus shedding light on the trade-related effects of further European integration. On the one hand, it argues that NQTMs have indeed the potential of being used to supplement traditional ‘computable general equilibrium’ (CGE) analysis t...

This paper aims to quantify the effects of China’s participation in Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), particular by focusing on possible productivity through endogenous assignment skills technologies. In this paper, we develop a large-scale global computable general equilibrium (CGE) model which firms are heterogeneous technologies workers individual...