GTAPinGAMS: Multiregional and Small Open Economy Models

Lanz, Bruno; Rutherford, Thomas F.

doi:10.21642/jgea.010201af

Cited by 55 publications

(45 citation statements)

References 10 publications

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“…The model is calibrated using version 9 of the Global Trade Analysis Project (GTAP) database (Aguiar, Narayanan, & McDougall, ) and the GTAP‐Power database (Peters, ). These databases include economic data and CO 2 emissions from the combustion of fossil fuels for 140 regions and 68 sectors, which we aggregate to the elements in Table using tools provided by Lanz and Rutherford (). The database provides a snapshot of the global economy in 2011.…”

Section: Methodsmentioning

confidence: 99%

Can tariffs be used to enforce Paris climate commitments?

Winchester

2018

World Economy

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We evaluate the potential of border carbon adjustments (BCAs) and strategic tariffs to compel noncompliant countries to meet emission reduction targets pledged under the Paris Climate Agreement. Our analysis employs a numerical economy‐wide model with energy sector detail and, given recent actions by the US administration, considers BCAs on US exports. We find that when the US does not restrict emissions and faces BCAs on its exports, US welfare losses are smaller than when the US meets its Paris commitments. Hence, BCAs are preferable for the US and cannot be used to enforce Paris climate commitments. The use of strategic tariffs, on the contrary, would result in a trade war and a larger welfare decrease in US welfare than when it meets its Paris commitments. Strategic tariffs also decrease welfare in countries that meet their Paris pledges. Accordingly, strategic tariffs, which are much higher than BCA rates, can be used to enforce Paris climate commitments if compliant countries are willing to incur welfare losses to punish non‐compliant countries.

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Section: Methodsmentioning

confidence: 99%

Can tariffs be used to enforce Paris climate commitments?

Winchester

2018

World Economy

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“…First, the static element is similar to Lanz and Rutherford (2016), who developed a multi-regional CGE model calibrated to the Global Trade Analysis Project (GTAP) data. 94 Each country or region has bilateral trade with all other regions, simultaneously.…”

Section: A1 International Linked Employer-employee Workplace Surveymentioning

confidence: 99%

The economic benefits of a more physically active population: An international analysis

Hafner¹,

Yerushalmi²,

Phillips³

et al. 2019

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This report examines the potential economic benefits of physical activity. Specifically, it looks at the potential gains in economic output and healthcare expenditure savings under different physical activity improvement scenarios at the population level. This study contributes to the existing literature in three ways. First, we synthesise and evaluate, in a systematic manner, the existing empirical evidence on the association between physical activity and mortality risk, using a meta-analytical approach to adjust for study heterogeneity and potential publication bias in the literature. Second, using large-scale, international workplace survey data, we quantify the associations between physical activity and workplace performance, with a specific focus on levels of sickness absence and levels of presenteeism. Finally, we examine the macroeconomic effects of reduced premature mortality and reductions in sickness absence and presenteeism associated with making the population of a country more physically active. The report will be of interest to policymakers in the fields of public health and at the same time to a much broader spectrum of readers, including private sector agents, in particular in the health and life insurance domains. The Vitality Group, part of Discovery Ltd, commissioned RAND Europe to carry out this research project. RAND Europe had full editorial control and independence of the analyses performed and presented in this report. This work informs the public good and should not be taken as a commercial endorsement. RAND Europe is an independent, not-for-profit policy research organisation that aims to improve policy-and decision making in the public interest through research and analysis. This report has been peer-reviewed in accordance with RAND's quality assurance standards. For more information about RAND Europe or this document, please contact Marco Hafner

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“…GTAP data provide social accounting matrices for 140 world regions and 57 production sectors (Lanz and Rutherford, 2016). These data are then aggregated to 13 world regions, corresponding to region definitions of the Agricultural Model Intercomparison and Improvement Project (AgMIP), and 38 production sectors.…”

Section: Economic Frameworkmentioning

confidence: 99%

U.S. Carbon Tax Scenarios and Bioenergy

Sands

2018

Clim. Change Econ.

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This paper documents application of the Future Agricultural Resources Model (FARM) to stylized carbon tax scenarios specified by the Stanford Energy Modeling Forum (EMF). Model results show that the method of tax revenue recycling makes a difference. Either labor-tax, or capital-tax, recycling can reduce the welfare cost of a carbon tax policy relative to lump sum recycling. Of the two tax recycling options, reducing capital taxes provides the greater reduction in welfare costs. However, carbon tax revenues decline with stringent carbon dioxide (CO 2 ) emission targets and the availability of a negative-emissions technology such as bio-electricity with CO 2 capture and storage (BECCS). As BECCS expands, net carbon tax revenues peak and decline due to an offsetting subsidy for carbon sequestration, limiting the potential for labor-or capital-tax recycling to reduce welfare costs of a climate policy.

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GTAPinGAMS: Multiregional and Small Open Economy Models

Cited by 55 publications

References 10 publications

Can tariffs be used to enforce Paris climate commitments?

Can tariffs be used to enforce Paris climate commitments?

The economic benefits of a more physically active population: An international analysis

U.S. Carbon Tax Scenarios and Bioenergy

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