Policy Evaluation With Computable General Equilibrium Models

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ISBN: 9780415256711 | 0415256712
Cover: Hardcover
Copyright: 12/7/2001

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This book applies Computable Equilibrium modelling to some of the most urgent international economic policy problems, including the Kyoto Protocol, pension reform and income taxation and also analyses the methodological issues that arise.

List of figures and charts

viii

List of tables

List of contributors

xiv

Acknowledgements

xvi

Introduction

xvii

PART I Methodology

(82)

Studying the past and future with infinite-horizon simulation models

(17)

Charles Ballard

Policy reform without tears

(19)

Glenn W. Harrison

Jesper Jensen

Morten I. Lau

Thomas F. Rutherford

The marginal cost of public funds in developing countries

(17)

Shantayanan Devarajan

Karen E. Thierfelder

Sethaput Suthiwart-Narueput

CGE models for practical policy analysis: The Australian experience

(27)

Peter B. Dixon

Brian R. Parmenter

Maureen T. Rimmer

PART II Imperfect competition

(118)

An applied intertemporal general equilibrium model of trade and production with scale economies, product differentiation and imperfect competition

(20)

Jean Mercenier

A conjectural variation computable general equilibrium model with free entry

105

(17)

Roberto A. De Santis

Market powre in a liberalized power market: The case of Italy

122

(17)

Giancarlo Pireddu

Christian M. Dufournaud

PART III Environment

The Kyoto Protocol: Implications of international capital mobility on trade and regional welfare

139

(21)

Katrin Springer

Carbon taxation and various pollutants in Europe: Combining general equilibrium and integrated system approaches

160

(22)

T. Huw Edwards

John P. Hutton

The efficiency costs of voluntary agreements in environmental policy

182

(19)

Christoph Bohringer

Thomas F. Rutherford

PART IV Pension reform

201

(68)

The ageing of the population and justice between generations: A CGE and generational accounting approach for Belgium

203

(13)

Philippe Liegeois

Ageing population and pension reform in Italy

216

(16)

Barbara Cavalletti

Eckhard Lubke

Pension funding reforms in a small open welfare state

232

(17)

Hans Fehr

Erling Steigum

Social security in an ageing society: An applied general equilibrium analysis

249

(20)

D. Peter Broer

PART V Miscellaneous

269

(94)

Can tax progression raise employment? A study of four European economies

271

(29)

John P. Hutton

Anna Ruocco

Introducing idiosyncratic uncertainty in a life-cycle CGE-model

300

(25)

Toke Ward Petersen

International spillover effects of a demographic shock when fiscal policy is politically responsive

325

(19)

Mehmet Serkan Tosun

An intertemporal evaluation of accession to the European Union

344

(19)

Daniel Piazolo

Index

363

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Policy Evaluation With Computable General Equilibrium Models

Summary

Table of Contents

Supplemental Materials