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Disaggregated effect of construction investments on the Saudi economy:a dynamic computable general equilibrium model of Saudi Arabia
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作者 Irfan Ahmed Khadija Mehrez +3 位作者 Claudio Socci Stefano Deriu Naif M.Mathkur Ian P.Casasr 《Financial Innovation》 2024年第1期3919-3935,共17页
The role of the construction industry in economic growth has been widely discussed in the extant literature,but existing studies have not investigated the disaggregated impact of construction investments on the produc... The role of the construction industry in economic growth has been widely discussed in the extant literature,but existing studies have not investigated the disaggregated impact of construction investments on the production and social sectors.This study examines the disaggregated effect of construction investments on the Saudi economy.The study uses a social accounting matrix of Saudi Arabia and constructs a dynamic computable general equilibrium model.The findings reveal that construction investments significantly boosted GDP and aggregate investments in the first two periods;however,the growth declined in the following three periods.This finding underlines the importance of long-term investments in the construction sector and calls for continuous monitoring and updating of the investment policy for sustainable development.This study also presents the disaggregated impact of investments on the value-added by each sector of the economy.The ranking of sectors exhibits that mining and quarry activities underwent a high increase in value-added,second to construction activities.Other economic activities also experienced growth in value-added and some of them changed their ranks within the five years. 展开更多
关键词 Construction investments Social accounting matrix And dynamic computable general equilibrium model
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Intensity Allocation Criteria of Carbon Emissions Permits and Regional Economic Development in China——Based on a 30-Province/Autonomous Region Computable General Equilibrium Model 被引量:4
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作者 YUAN Yong-Na SHI Min-Jun +1 位作者 LI Na ZHOU Sheng-Lu 《Advances in Climate Change Research》 SCIE 2012年第3期154-162,共9页
The intensity allocation criteria of carbon emissions permits and its influence on China's regional development are analyzed through the 30-province/autonomous region computable general equilibrium(CGE)model.Simul... The intensity allocation criteria of carbon emissions permits and its influence on China's regional development are analyzed through the 30-province/autonomous region computable general equilibrium(CGE)model.Simulation results show that:industrial intensity criteria without taking regional economic development into account deepen the unbalance of regional economic development;regional intensity criteria without taking industrial properties into account exert little negative impact on regional harmonious development,but relatively high negative influence on high-carbon emission industries.The two-step allocation scheme that the central government allocates emissions permits to provincial governments based on regional economic development and then provincial governments allocate emissions permits to emission resources or entities based on industrial properties is a feasible and operable choice. 展开更多
关键词 carbon emissions permits intensity allocation criteria regional balanced development computable general equilibrium model
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Comparision of China's volatile organic compound pollution management:a computable general equilibrium approach 被引量:2
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作者 Yufei Wang Changxin Liu +2 位作者 Tong Wu Zhengping Hao Zheng Wang 《Chinese Journal of Population,Resources and Environment》 2016年第4期298-308,共11页
The public health and ecological impacts of volatile organic compound(VOCs) pollution have become a serious problem in China,arousing increasing attention to emissions control.In this context,this paper analyses the e... The public health and ecological impacts of volatile organic compound(VOCs) pollution have become a serious problem in China,arousing increasing attention to emissions control.In this context,this paper analyses the effectiveness of VOC reduction policies,namely pollution charges and environmental taxes at the national and industrial sector levels.It uses a computable general equilibrium model,which connects macroeconomic variables with VOC emissions inventory,to simulate the effects of policy scenarios(with 2007 as the reference year).This paper shows that VOC emissions are reduced by 2.2% when a pollution charge equal to the average cost of engineering reduction methods-the traditional approach to regulation in China-is applied.In order to achieve a similar reduction,an 8.9% indirect tax would have to be imposed.It concludes that an environmental tax should be the preferred method of VOC regulation due to its smaller footprint on the macroeconomy.Other policies,such as subsidies,should be used as supplements. 展开更多
关键词 Volatile organic compounds environmental tax pollution charge computable general equilibrium models
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Impacts of Total Energy Consumption Control and Energy Quota Allocation on China′s Regional Economy Based on A 30-region Computable General Equilibrium Analysis
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作者 LI Na SHI Minjun +1 位作者 SHANG Zhiyuan YUAN Yongna 《Chinese Geographical Science》 SCIE CSCD 2015年第6期657-671,共15页
This paper examined the impacts of the total energy consumption control policy and energy quota allocation plans on China′s regional economy. This research analyzed the influences of different energy quota allocation... This paper examined the impacts of the total energy consumption control policy and energy quota allocation plans on China′s regional economy. This research analyzed the influences of different energy quota allocation plans with various weights of equity and efficiency, using a dynamic computable general equilibrium(CGE) model for 30 province-level administrative regions. The results show that the efficiency-first allocation plan costs the least but widens regional income gap, whereas the outcomes of equity-first allocation plan and intensity target-based allocation plan are similar and are both opposite to the efficiency-first allocation plan′ outcome. The plan featuring a balance between efficiency and equity is more feasible, which can bring regional economic losses evenly and prevent massive interregional migration of energy-related industries. Furthermore, the effects of possible induced energy technology improvements in different energy quota allocation plans were studied. Induced energy technology improvements can add more feasibility to all allocation plans under the total energy consumption control policy. In the long term, if the policy of the total energy consumption control continues and more market-based tools are implemented to allocate energy quotas, the positive consequences of induced energy technology improvements will become much more obvious. 展开更多
关键词 total energy consumption control energy quota allocation computable general equilibrium (CGE) model induced energytechnology improvements
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An AI Embedded Object-Oriented Approach for Formulating Computable General Equilibrium
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作者 Li Tong (Department of Automatic Control Engineering, Huazhong University of Science and Technology, Wuhan 430074, P. R. China) Chen Shuheng (Department of Economics, National Chengchi University, Taipei, 11623) Feng Shan (Department of Automatic Control 《Journal of Systems Engineering and Electronics》 SCIE EI CSCD 2000年第1期14-21,共8页
This paper proposes and illustrates an AI embedded object-oriented methodology to formulate the computable general equilibrium (CGE) models. In this framework, a CGE model is viewed as a collection of objects embedd... This paper proposes and illustrates an AI embedded object-oriented methodology to formulate the computable general equilibrium (CGE) models. In this framework, a CGE model is viewed as a collection of objects embedded AI or namely agents in computer world, corresponding to economic agents and entities in real world, such as government, households, markets and so on. A frame representation of major objects in CGE model is used for trade and environment. Embedded Al object-oriented approach (or software agent) is used in the CGE model representation can able to narrow the gap among the semantic representation, formal CGE (mathematical) representation and computer and algorithm representation, and to improve CGE in understanding and maintenance etc. In such a system, constructing a CGE model to appear an intuitive process rather than an abstract process. This intuitive process needs more understanding of the substance of economics and the logic underlying the problem rather than mathematical notation. 展开更多
关键词 computable general equilibrium Artificial intelligence Object-oriented method Agents.
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Will Coal Price Fluctuations Affect Renewable Energy Substitution and Carbon Emission? A Computable General Equilibrium-Based Study of China
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作者 Wenhui Zhao Yibo Yin +4 位作者 Lu Mao Konglu Zhong Guanghui Yuan Hai Huang Yige Yang 《Energy Engineering》 EI 2021年第4期1009-1026,共18页
Changes in the energy price system will determine the direction of evolution of the energy industry structure.As a country where coal is the dominant energy source,what is the effect of coal price fluctuations on Chin... Changes in the energy price system will determine the direction of evolution of the energy industry structure.As a country where coal is the dominant energy source,what is the effect of coal price fluctuations on China’s industry development costs and energy consumption structure?To investigate this problem,this paper utilized an economy–energy–environment computable general equilibrium model.In this study,four aspects were analyzed:Energy supply side,proportion of renewable energy consumption,macroeconomy,and changes in CO_(2) emissions.The results of this study show that an increase of 10%–20%in coal prices contributes to a shift into using renewable energy,which leads to energy saving and emission reduction.Renewable energy and clean energy rose by 0.57%–4.47%in the energy structure,but this has a certain negative impact on the macroeconomy.The gross domestic product(GDP)fell by 0.07%–0.18%.As a result,the decline in coal prices became an obstacle to renewable energy substitution and energy conservation.In addition,we put forward policy suggestions according to the results in energy,economic,and environmental effects. 展开更多
关键词 Coal price computable general equilibrium multi-scenario simulation renewable energy
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The Impact of Climate Change on Agriculture Production in Ethiopia: Application of a Dynamic Computable General Equilibrium Model
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作者 Rahel Solomon Belay Simane Benjamin F. Zaitchik 《American Journal of Climate Change》 2021年第1期32-50,共19页
The challenge of meeting the ever-increasing food demand for the growing population will be further exacerbated by climate change in Ethiopia. This paper presents the simulated economy-wide impacts of climate change o... The challenge of meeting the ever-increasing food demand for the growing population will be further exacerbated by climate change in Ethiopia. This paper presents the simulated economy-wide impacts of climate change on the agriculture sector of Ethiopia using a dynamic computable general equilibrium (CGE) model. The study simulated the scenarios of agricultural productivity change induced by climate change up to the year 2050. At national level, the simulation results suggest that crop production will be adversely affected during the coming four decades and the severity will increase over the time period. Production of teff, maize and sorghum will decline by 25.4, 21.8 and 25.2 percent, respectively by 2050 compared to the base period. Climate change will also cause losses of 31.1 percent agricultural GDP at factor cost by 2050. Climate change affects more the income and consumption of poor rural households than urban rural non-farming households. The reduction in agricultural production will not be evenly distributed across agro ecological zones, and will not all be negative. Among rural residents, climate change impacts tend to hurt the income of the poor more in drought prone regions. Income from labor, land and livestock in moisture sufficient highland cereal-based will decline by 5.1, 8.8 and 15.2 percent in 2050. This study indicated that since climate change is an inevitable phenomenon, the country should start mainstreaming adaptation measures to sustain the overall performance of the economy. 展开更多
关键词 ADAPTATION Climate Change Dynamic computable general equilibrium Model
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Assessing the Regional Economic Ripple Effect of Flood Disasters Based on a Spatial Computable General Equilibrium Model Considering Traffic Disruptions 被引量:2
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作者 Lijiao Yang Xinge Wang +1 位作者 Xinyu Jiang Hirokazu Tatano 《International Journal of Disaster Risk Science》 SCIE CSCD 2023年第3期488-505,共18页
With growing regional economic integration,transportation systems have become critical to regional development and economic vitality but vulnerable to disasters.However,the regional economic ripple effect of a disaste... With growing regional economic integration,transportation systems have become critical to regional development and economic vitality but vulnerable to disasters.However,the regional economic ripple effect of a disaster is difficult to quantify accurately,especially considering the cumulated influence of traffic disruptions.This study explored integrating transportation system analysis with economic modeling to capture the regional economic ripple effect.A state-of-the-art spatial computable general equilibrium model is leveraged to simulate the operation of the economic system,and the marginal rate of transport cost is introduced to reflect traffic network damage post-disaster.The model is applied to the 50-year return period flood in2020 in Hubei Province,China.The results show the following.First,when traffic disruption costs are considered,the total output loss of non-affected areas is 1.81 times than before,and non-negligible losses reach relatively remote zones of the country,such as the Northwest Comprehensive Economic Zone(36%of total ripple effects).Second,traffic disruptions have a significant hindering effect on regional trade activities,especially in the regional intermediate input—about three times more than before.The industries most sensitive to traffic disruptions were transportation,storage,and postal service(5 times),and processing and assembly manufacturing(4.4 times).Third,the longer the distance,the stronger traffic disruptions'impact on interregional intermediate inputs.Thus,increasing investment in transportation infrastructure significantly contributes to mitigating disaster ripple effects and accelerating the process of industrial recovery in affected areas. 展开更多
关键词 Economic ripple effect Floods Spatial computable general equilibrium model Supply chain damage Traffic disruption
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A General Equilibrium Model for Energy Policy Evaluation Using GTAP-E for Vietnam
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作者 Do Dinh Long Suduk Kim 《Economics World》 2014年第5期347-355,共9页
In the past several years, there has been growing concern on the scarcity of energy resources, the volatility of energy prices, and the impact of energy sector on climate change. In this context, energy-environment mo... In the past several years, there has been growing concern on the scarcity of energy resources, the volatility of energy prices, and the impact of energy sector on climate change. In this context, energy-environment models designed for analysis of energy systems have become more important. In this paper, a Computable General Equilibrium Model (CGE) using an energy-environmental version of Global Trade Analysis Project (GTAP) model (known as GTAP-E) for Vietnam is presented based on the GTAP Data Base version 7. The model is developed following the original structure and the revised version of the GTAP-E model. This model is used to simulate the adoption of carbon tax for Vietnam for the base year of 2004. The economy-level and detailed sector-specific effects are also examined considering energy intensive and non-intensive sectors. Simulation results show the negative influences of different carbon tax scenarios to Vietnam's economy. The results would also indicate the potential of carbon taxation as a driving force for the mitigation of carbon dioxide and for new and renewable energy promotion in Vietnam. In fact, this study is the first simulation exercise of energy-environmental policy for the Vietnamese case. 展开更多
关键词 computable general equilibrium Model (CGE) Global Trade Analysis Project (GTAP) GTAP-E carbon tax ENERGY CO2 emission VIETNAM
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Socio-economic and energy-environmental impacts of technological change on China's agricultural development under the carbon neutrality strategy 被引量:3
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作者 Hong-Dian Jiang Rui Yu Xiang-Yan Qian 《Petroleum Science》 SCIE EI CAS CSCD 2023年第2期1289-1299,共11页
Promoting agricultural modernisation through technological change is an important strategy for China.China's carbon neutrality strategy is leading to systemic socio-economic changes that could exacerbate the uncer... Promoting agricultural modernisation through technological change is an important strategy for China.China's carbon neutrality strategy is leading to systemic socio-economic changes that could exacerbate the uncertainty of agricultural development.Therefore,applying a computable general equilibrium(CGE)model,this study characterises the agricultural sector in detail,introducing endogenous technological change proxied by research and development(R&D)to assess the impact of different technological change scenarios on agricultural development under the carbon neutrality target.The results show that allocating carbon revenue for R&D inputs can mitigate the significant negative impact of achieving carbon neutrality on knowledge capital and production in agricultural sectors.Overall,using carbon revenue only for R&D input in crop sectors has the optimal effect on increasing the agricultural sectors'knowledge capital,improving crop production and profit,reducing crop external dependence and promoting the synergistic reduction of carbon and pollutant emissions.However,this scenario has the largest negative impact on macro-economics and household welfare.In contrast,allocating carbon revenue to promote technological change in broader non-energy sectors or both crops and non-energy sectors can effectively mitigate negative socio-economic impacts,but the positive impact on agricultural development is minimal.These findings provide practical insights for the rational use of carbon revenue to expand agricultural R&D investment and ensure balanced agricultural and economic development under the carbon neutrality target. 展开更多
关键词 Endogenous technological change R&D investment Agriculture development computable general equilibrium
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CGE Simulation for Levying Carbon Tax in China and International Experience of Levying Carbon Tax 被引量:1
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作者 Zhang Mingxi 《Chinese Journal of Population,Resources and Environment》 2011年第2期84-89,共6页
Levying carbon tax is conducive to reducing carbon dioxide emissions and protecting the environment.The author firstly reviewed some relevant empirical studies on carbon tax both home and abroad,and then established t... Levying carbon tax is conducive to reducing carbon dioxide emissions and protecting the environment.The author firstly reviewed some relevant empirical studies on carbon tax both home and abroad,and then established the CGE model and simulated levying carbon tax in China.The study found that levying carbon tax would have little impact on China's economy:in a short-term,China's GDP might decrease by 0.51%,while in a long-term it might decrease by 0.08%;however,the carbon dioxide emissions would be substantially reduced.Meanwhile,levying carbon tax has some negative impact on the output of each industry in the very economic structure;of this,the mineral extractive industries would be influenced the most.Then the author summarized experience of levying carbon tax in foreign countries. 展开更多
关键词 carbon tax computable general equilibrium (CGE)model economic impact
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The Impact of Climate Change on China's Grain Market and Food Security-- A CGE Model Approach 被引量:1
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作者 Huang Delin Li Ximing +3 位作者 Li Xinxing Li Xiangyang Cai Songfeng Wang Chenggang 《Chinese Business Review》 2014年第7期427-441,共15页
This paper examines the impact of climate change on China's grain production and food security. The research is one of the four studies on future conditions of China's food production system under the influence of c... This paper examines the impact of climate change on China's grain production and food security. The research is one of the four studies on future conditions of China's food production system under the influence of climate change using numerical simulation methods, carried out under a national 973 project entitled "impacts of climate change on food systems in China and its adaptation". The other three studies focus on changes in cultivated land area and food production, while this study incorporates their grain yield results into a general equilibrium model to simulate future conditions of the grain market. Our simulation analysis arrives at the impact of climate change by comparing such economic variables as grain production, consumption, and GDP growth rate between a baseline scenario and two climate change scenarios. Our results are summarized as follows: (1) In 2050, the total grain production will reach 689.683 million tons--584.264 million tons of total grain consumption and 42.808 million tons of exports. Without considering losses and inventory demand, in 2050 China's grain supply and demand will remain well balanced, with a slight surplus expected. (2) Climate change is expected to benefit China's macro economy and individual sectors. In comparison with the baseline scenario of no climate change, real wage, real GDP, investment, household consumption, exports, and other macroeconomic indicators will rise under the climate change scenarios. As far as the agricultural, manufacturing, and service sectors are concerned, production, consumption, imports, and exports will each be favorably affected by climate change. (3) The favorable impact of climate change on China's macroeconomy and individual sectors under the high emissions scenario (A2) is stronger than that under the low emissions scenario (B2). (4) In the grain market, climate change is expected to increase supply, reduce imports, increase supply, and demand; and supply will increase more than demand does. All in all, if taking into the fertilization effect of CO2 account, climate change is expected to strengthen China's grain supply and safeguard food security. 展开更多
关键词 climate change computable general equilibrium (CGE) food security food production food consumption economic growth
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Evaluating the Economic and Environmental Impacts of a Global GMO Ban 被引量:1
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作者 Harry Mahaffey Farzad Taheripour Wallace E. Tyner 《Journal of Environmental Protection》 2016年第11期1522-1546,共26页
The objective of this research is to assess the global economic and greenhouse gas emission impacts of banning GMO crops. This is done by modeling two counterfac-tual scenarios and evaluating them apart and in combina... The objective of this research is to assess the global economic and greenhouse gas emission impacts of banning GMO crops. This is done by modeling two counterfac-tual scenarios and evaluating them apart and in combination using a well-know Computable General Equilibrium (CGE) model, GTAP-BIO. The first scenario models the impact of a global GMO ban. The second scenario models the impact of increased GMO penetration. The focus is on the price and welfare impacts, and land use change greenhouse gas (GHG) emissions associated with GMO technologies. Much of the prior work on the economic impacts of GMO technology has relied on a combination of partial equilibrium analysis and econometric techniques. However, CGE model-ling is a way of analyzing economy-wide impacts that take into account the linkages in the global economy. Here the goal is to contribute to the literature on the benefits of GMO technology by estimating the impacts on price, supply and welfare. Food price impacts range from an increase of 0.27% to 2.2%, depending on the region. Total welfare losses associated with loss of GMO technology total up to $9.75 bil-lion. The loss of GMO traits as an intensification technology has not only economic impacts, but also environmental ones. The full environmental analysis of GMO is not undertaken here. Rather we model the land use change owing to the loss of GMO traits and calculate the associated increase in GHG emissions. We predict a substan-tial increase in GHG emissions if GMO technology is banned. 展开更多
关键词 GMO Crops PRODUCTIVITY computable general equilibrium Economic Impacts Land Use Change
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The impact of China’s high-speed rail investment on regional economy and air pollution emissions
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作者 Qiong Yang Yuqing Wang +9 位作者 Ying Liu Junfeng Liu Xiurong Hu Jianmin Ma Xuejun Wang Yi Wan Jianying Hu Zhaobin Zhang Xilong Wang Shu Tao 《Journal of Environmental Sciences》 SCIE EI CAS CSCD 2023年第9期26-36,共11页
The high-speed rail(HSR)network in China has experienced rapid development since the 2000s.In 2016,the State Council of the People’s Republic of China issued a revised version of the“Mid-and Long-term Railway Networ... The high-speed rail(HSR)network in China has experienced rapid development since the 2000s.In 2016,the State Council of the People’s Republic of China issued a revised version of the“Mid-and Long-term Railway Network Plan”,detailing the expansion of the railway network and construction of an HSR system.In the future,the HSR construction efforts in China will further increase,which is considered to impact regional development and air pollutant emissions.Therefore,in this paper,we apply a transportation network-multiregional computable general equilibrium(CGE)model to estimate the dynamic effects of HSR projects on economic growth,regional disparities,and air pollutant emissions in China.The results indicate that HSR system improvement could generate a positive economic impact but could also increase emissions.The gross domestic product(GDP)growth per unit investment cost stimulated by HSR investment is found to be the largest in eastern China but the smallest in the northwest regions.Conversely,HSR investment in Northwest China contributes to a substantial reduction in regional disparities in terms of the GDP per capita.In regard to air pollution emissions,HSR construction in South-Central China results in the largest increase in CO_(2) and NO_(X) emissions,while for CO,SO_(2),and fine particulate matter(PM_(2.5))emissions,the largest increase occurs due to HSR construction in Northwest China.At the regional level,the provinces with large changes in accessibility also experience large changes in their air pollutant emissions. 展开更多
关键词 computable general equilibrium MODEL High-speed rail investment Economic impact Regional disparity Air pollution emissions
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Simulated Scenarios for China's Economic Growth: 2011-2030
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作者 李善同 刘云中 +1 位作者 许召元 何建武 《China Economist》 2011年第3期56-68,共13页
Considering domestic and international impact on economic growth, this paper adopts a computable general equilibrium (CGE) model to simulate three scenarios for China's economic growth. Results indicate that during... Considering domestic and international impact on economic growth, this paper adopts a computable general equilibrium (CGE) model to simulate three scenarios for China's economic growth. Results indicate that during the 12^th Five-year Plan period (2011:2015), China's economic growth is expected to reach 8 per cent and enjoy great potential for rapid growth in the mid- and long-term run. Future economic growth is mainly confronted by the risk of unbalanced economic development and growing resources and environmental pressures. Whether this potential is in transforming its development pattern. tapped depends on China's achievements 展开更多
关键词 economic growth 12^th Five-year Plan computable general equilibrium(CGE) model energy intensity
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An equilibrium analysis of the land use structure in the Yunnan Province, China 被引量:6
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作者 Jiao LUO Jinyan ZHAN +1 位作者 Yingzhi LIN Chunhong ZHAO 《Frontiers of Earth Science》 SCIE CAS CSCD 2014年第3期393-404,共12页
Global land use structure is changing rapidly due to unceasing population growth and accelerated urbanization, which leads to fierce competition between the rigid demand for built-up area and the protection of cultiva... Global land use structure is changing rapidly due to unceasing population growth and accelerated urbanization, which leads to fierce competition between the rigid demand for built-up area and the protection of cultivated land, forest, and grassland. It has been a great challenge to realize the sustainable development of land resources. Based on a computable general equilibrium model of land use change with a social accounting matrix dataset, this study implemented an equilibrium analysis of the land use structure in the Yunnan Province during the period of 2008-2020 under three scenarios, the baseline scenario, low TFP (total factor productivity) scenario, and high TFP scenario. The results indicated that under all three scenarios, area of cultivated land declined signifi- cantly along with a remarkable expansion of built-up area, while areas of forest, grassland, and unused land increased slightly. The growth rate of TFP had first negative and then positive effects on the expansion of built-up area and decline of cultivated land as it increased. Moreover, the simulated changes of both cultivated land and built-up area were the biggest under the low TFP scenario, and far exceeded the limit in the Overall Plan for Land Utilization in the Yunnan Province in 2020. The scenario-based simulation results are of important reference value for policy-makers in making land use decisions, balancing the fierce competition between the protection of cultivated land and the increasing demand for built-up area, and guaranteeing food security, ecological security, and the sustainable development of land resources. 展开更多
关键词 land use land use structure computable general equilibrium model of land use change socialaccounting matrix scenarios Yunnan Province
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Applying Earth Observation Technologies to Economic Consequence Modeling:A Case Study of COVID‑19 in Los Angeles County,California
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作者 Fynnwin Prager Marina T.Mendoza +4 位作者 Charles K.Huyck Adam Rose Paul Amyx Gregory Yetman Kristy F.Tiampo 《International Journal of Disaster Risk Science》 SCIE CSCD 2024年第1期18-31,共14页
Earth observation(EO) technologies,such as very high-resolution optical satellite data available from Maxar,can enhance economic consequence modeling of disasters by capturing the fine-grained and real-time behavioral... Earth observation(EO) technologies,such as very high-resolution optical satellite data available from Maxar,can enhance economic consequence modeling of disasters by capturing the fine-grained and real-time behavioral responses of businesses and the public.We investigated this unique approach to economic consequence modeling to determine whether crowd-sourced interpretations of EO data can be used to illuminate key economic behavioral responses that could be used for computable general equilibrium modeling of supply chain repercussions and resilience effects.We applied our methodology to the COVID-19 pandemic experience in Los Angeles County,California as a case study.We also proposed a dynamic adjustment approach to account for the changing character of EO through longer-term disasters in the economic modeling context.We found that despite limitations,EO data can increase sectoral and temporal resolution,which leads to significant differences from other data sources in terms of direct and total impact results.The findings from this analytical approach have important implications for economic consequence modeling of disasters,as well as providing useful information to policymakers and emergency managers,whose goal is to reduce disaster costs and to improve economic resilience. 展开更多
关键词 computable general equilibrium models COVID-19 Disaster economic impacts Earth observation Economic consequence analysis Los Angeles County
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Prospects for ASEAN-China Free Trade Area:A Qualitative and Quantitative Analysis 被引量:12
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作者 Donghyun Park Innwon Park Gemma Esther B.Estrada 《China & World Economy》 SCIE 2009年第4期104-120,共17页
The current global financial and economic crisis is giving new life to initiatives that promote closer economic integration among East Asian countries. A significant example is the ASEAN- China Free Trade Area (.4 C... The current global financial and economic crisis is giving new life to initiatives that promote closer economic integration among East Asian countries. A significant example is the ASEAN- China Free Trade Area (.4 CFTA), which is set to come into effect around 2010..4CFTA aims to boost trade between two economies that are partners as well as competitors: ASEAN and China. In the present paper, we use insights from customs union theory in a qualitative analysis considering whether,4CFTA would benefit both sides. We also apply a computable general equilibrium model to perform a quantitative analysis of the same issue. Both our qualitative and quantitative analyses provide grounds for guarded optimism regarding A CFTA 's prospects as a vehicle for strengthening the economic partnership between ASEAN and China. 展开更多
关键词 ASEAN China computable general equilibrium model economic integration free trade area
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China's Free Trade Agreements with ASEAN,Japan and Korea:A Comparative Analysis 被引量:8
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作者 Gemma Estrada Donghyun Park +1 位作者 Innwon Park Soonchan Park 《China & World Economy》 SCIE 2012年第4期108-126,共19页
The role of China in East Asia 's recovery from the recent global finaneial and economic crisis highlights China 's position as an engine of growth for this region. From the viewpoint of China, there are many potent... The role of China in East Asia 's recovery from the recent global finaneial and economic crisis highlights China 's position as an engine of growth for this region. From the viewpoint of China, there are many potential gains from entering into free trade agreements (FTAs) with its neighbors, who collectively form a large and fast-growing market. In this paper, we qualitatively and quantitatively assess the four main permutations of China's FTAs with East Asian major economies: China-ASEAN, China-Japan, China-Korea and ASEAN+ 3. We compare the effects of these FTAs on China "s output and welfare. Our comparative analysis shows that China will gain from all three bilateral FTAs, while gaining the most from the ASEAN+ 3. Because forming a region-wide FTA, such as the ASEAN+ 3, is expected to be gradual and difficult, China shouM continue to engage in bilateral FTAs as a mediumterm and alternative strategy. However, in the long term, China should pursue a regionwide FTA. 展开更多
关键词 ASEAN China computable general equilibrium model East Asia free trade agreement
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Parameter Uncertainty in CGE Modeling of the Macroeconomic Impact of Carbon Reduction in China 被引量:6
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作者 王灿 陈吉宁 《Tsinghua Science and Technology》 SCIE EI CAS 2006年第5期617-624,共8页
Formal methods are used to characterize the uncertainty in the computable general equilibrium (CGE) model outputs to assess the use of the CGE model of China (integrated energy-economyenvironment dynamic CGE, TEDCG... Formal methods are used to characterize the uncertainty in the computable general equilibrium (CGE) model outputs to assess the use of the CGE model of China (integrated energy-economyenvironment dynamic CGE, TEDCGE) for carbon tax policy issues. Monte Carlo experiment was used for the parameter uncertainty propagation and unconditional sensitivity analysis, using the variance of the conditional expectation (VCE) as the importance index to identify critical uncertainties. The results illustrate the statistical characteristics of TEDCGE outputs and sensitivities of the TEDCGE outputs to 50 uncertain elasticities. The results show that the carbon tax level for a predefined emission reduction goal is quite sensitive to both capital-energy substitution elasticity and inter-fuel substitution elasticity in the production function, while the key parameter for the GDP reduction rate was only the inter-fuel substitution elasticity. Among the various sectors, heavy industry and electricity are most vitally affected by a carbon tax. 展开更多
关键词 parameter uncertainty unconditional sensitivity analysis computable general equilibrium carbon tax MITIGATION
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