Policy Evaluation With Computable General Equilibrium Models

by Fossati; Amedeo

• ISBN13: 9780415256711
• ISBN10: 0415256712
• Format: Hardcover
• Copyright: 2001-12-07
• Publisher: Routledge

Summary

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.

Table of Contents

List of figures and charts	viii
List of tables	xi
List of contributors	xiv
Acknowledgements	xvi
Introduction	xvii
PART I Methodology	1	(82)
Studying the past and future with infinite-horizon simulation models	3	(17)
Charles Ballard
Policy reform without tears	20	(19)
Glenn W. Harrison
Jesper Jensen
Morten I. Lau
Thomas F. Rutherford
The marginal cost of public funds in developing countries	39	(17)
Shantayanan Devarajan
Karen E. Thierfelder
Sethaput Suthiwart-Narueput
CGE models for practical policy analysis: The Australian experience	56	(27)
Peter B. Dixon
Brian R. Parmenter
Maureen T. Rimmer
PART II Imperfect competition	83	(118)
An applied intertemporal general equilibrium model of trade and production with scale economies, product differentiation and imperfect competition	85	(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