This study develops a policy model under the hierarchical administration system of the regional economy in Japan. In case of Japan, a hierarchy of national, prefectural, and municipal (city) administration exists, and a different regional policy in these each hierarchies can be set up....

The present paper studies the modelling of inter-regional trade flows in the newly developed general equilibrium model of European Commission, Rhomolo. In contrast to international trade, usually, trade of goods and services between regions is not recorded statistically. As a result, no...

The number of bilateral and multilateral trade agreements has surged in recent years. In order to benefit from preferential tariff rates,firms must apply and comply with rules of origin requirements. This is costly and explains why preference utilization rates (PUR) are far below 100 percent. In...

This paper will discuss the features and the trends of Portugal?s future maritime activities in the context of a political process related to the enlargement of the continental shelf. It is our belief that the extension of Portugal?s continental shelf will have a multidimensional impact over a...

This paper contributes towards the growing debate concerning the world distribution of income and its evolution over that past three to four decades. Our methodological approach is twofold. First, we formally test for the number of modes in a cross-sectional analysis where each country is...

Information technologies play a very important role in modernizing Russia's economy and society as whole. Its competitive advantage lies in the availability of highly educated labour resources. Russia accounts for approximately 9% of researchers in the world as opposed to a share of about 0.3%...

This paper provides a quantitative assessment of the impact of future demographic change on the distributions of earnings and skills in the German economy. The model accommodates household heterogeneity along both, the intra- and the inter-generational dimension. The results suggest a decline in...

The objective of this paper is to evaluate the long-run regional impacts of tariff policy of the Brazilian electric power sector. The structural reforms carried on this sector determined the emergence of two different spatial distribution trends of the electric power tariffs among the Brazilian...

The Common Agricultural Policy (CAP) is one of the most complex and also the most costly of all EU policies. It comprises over 40 financing streams, including Pillar I and Pillar II measures which are highly regulated. In the case of Poland, these are directed to all 16 NUTS2 regions. We are...

This paper analyses the economic impact of the foreseeable withdrawal of a large amount of the European Structural funds in the Andalusian economy, for the 2014-2020 Community Support Framework. We develop a Dynamic General Equilibrium Model that will assess, under different simulation...