This paper aims at the assessment of the sectoral/regional partial participation in the global warming coalition applying the Multiregional and Multisectoral Dynamic Energy-Economic Model THERESIA based on GTAP database, dealing with 15 world regions and 12 non-energy industry sectors and 7...

The study investigates how government can implement an increase in the rate of value-added tax (VAT) to ensure that the final rate of 15% is achieved in a way that satisfies the public (households and business community) and also ensures maximum revenue generation for the government. The...

This paper evaluates the impact of the structural and cohesion funds received by Spain in the period 2007–2013. The analysis is performed with a detailed computable general equilibrium (CGE) model calibrated with a SAM for Spain in 2005 elaborated by the authors, which contains highly detailed...

The Trans-Pacific Partnership (TPP) agreement as originally announced in October 2015 was undoubtedly the largest regional trade accord in history and, if approved, could have set new terms for the nearly US $28 trillion in trade and business investment between the parties to the deal. But the...

The Trans Pacific Partnership was set to be the world's largest and most comprehensive FTA linking 12 countries on both sides of the Pacific. In a major turnaround, late January 2017, USA-one of the major trading partners to the region announced its decision to withdraw from it. Four of the...

For a more diversified export structure and a better distribution of domestic income in Cambodia, agriculture and agro-industry have been specified as export potentials. While empirical impact studies within those sectors have been limited, this paper attempts to assess the impacts of the...

In the absence of a global agreement to reduce emissions, Australia adopted a carbon tax unilaterally to curb its own emissions. During the debate prior to passing the carbon tax legislation in 2011, there were concerns about the challenge that Australia’s emissions-intensive and trade-exposed...

Since 2010, China has changed its position in the world grain market from a net exporter to a net importer. The total grain trade deficit was $420 million in 2010. However, the increasing grain import contradicts its food security policy of achieving a 95% grain self-sufficiency rate....

The trend of low commodity prices looks to continue. Such a trend will affect small open economies that are heavily commodity import dependent, such as the economy of South Korea. Hence, it is of interest to see how the economy would have performed differently with changes in the imported...