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Vol 23 No 5 May/June 2018

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Drafting Commercial Agreements

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Economic Modelling Under the Applied General Equilibrium Approach

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ISBN13: 9781859723074
ISBN: 1859723071
Published: September 1997
Publisher: Routledge
Format: Hardback
Price: Out of print

Drawing on European and international experiences, this work provides an overview of the policy and practice of taxation with recent applied general equilibrium models. It focuses on various important aspects of model formulation, the design and implementation of fiscal policy and the consequences of tax reform in Western Europe, Turkey and Japan. The book reflects concepts and methods of empirical as well as theoretical analysis in which general equilibrium modelling is used as common background. The contributors present work representative of recent experience and trends in the subject and show the relevance of the methodological approach.

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Part 1 Single country static approach: a simplified CGE approach to modelling the welfare effects of Japanese carbon abatement measures, T. Huw Edwards; environmental externalities, transport costs and interregional trade in a general equilibrium model, Roberto Roson and Gilberto Dell'Agata; eco-taxes in an Italian CGE model - double dividend effects and the distribution of tax burdes, Giancarlo pireddu and Christian M. Dufournaud; pollution, externalities and optimal provision of public goods - a computable general equilibrium approach, Giancarlo Pireddu; social accounting matrices and income distribution - an applied general equilibrium model for Turkey, Roberto A. De Santis; substitution of value added revenues for social security contributions - the case of Spain, Clemente Polo and Ferran Sancho.
Part 2 Multi-country static approach: a CGE examination of worldwide agricultural liberalization policies - model structure and preliminary results, Hans Fehr and Wolfgang Wiegard.
Part 3 Dynamic approach: replacing the UK income tax, John Hutton and Turalay Kenc; savings and investment fiscal policies - a quantitative analysis for the Italian economy, Anna Ruocco; preliminary results of the introduction of money and expectations into a CGE model for Italy, Alberto Pench.