Modelling Economic Effects of Reducing Non-Tariff Measures in the Food Processing Sector of Malaysia Using Computable General Equilibrium

2019 ◽  
Author(s):  
Vickiew Yew Siew Hoon ◽  
Abul Quasem Al-Amin ◽  
Evelyn Shyamala Devadason
Keyword(s):  
General Equilibrium ◽  
Food Processing ◽  
Computable General Equilibrium ◽  
Economic Effects ◽  
Food Processing Sector

Modelling Economic Effects of Reducing Non-Tariff Measures in the Food Processing Sector of Malaysia Using Computable General Equilibrium

2020 ◽  
Vol 57 (2) ◽  
pp. 167-199
Author(s):  
Vickie Siew-Hoon Yew ◽  
Abul Quasem Al-Amin ◽  
Evelyn S Devadason
Keyword(s):  
General Equilibrium ◽  
Food Processing ◽  
Computable General Equilibrium ◽  
Economic Effects ◽  
Food Processing Sector

Labour Market Effects of Non-tariff Measures: A Computable General Equilibrium for the Food Processing Sector in Malaysia

2020 ◽  
Vol 63 (3) ◽  
pp. 629-656
Author(s):  
Vickie Siew Hoon Yew ◽  
Abul Quasem Al-Amin ◽  
Evelyn S. Devadason
Keyword(s):  
General Equilibrium ◽  
Labour Market ◽  
Food Processing ◽  
Computable General Equilibrium ◽  
Market Effects ◽  
Food Processing Sector

scholarly journals Impact assessment and a fiscal recovery policy for tsunami risk: GIS and the general equilibrium approach in Hakodate city, Japan

2020 ◽  
pp. 239980832097786
Author(s):  
Hajime Tanaka ◽  
Michael C Huang
Keyword(s):  
Information System ◽  
Geographic Information System ◽  
General Equilibrium ◽  
Impact Assessment ◽  
Economic Impact ◽  
Food Processing ◽  
Computable General Equilibrium ◽  
Investment Strategy ◽  
Geographic Information ◽  
Evidence Based

Given Japan’s substantial exposure to many kinds of natural hazards, such as earthquakes, tsunamis, and typhoons, it has been a priority to invest in resilience, guided by evidence-based modeling. In 2011, the Great East Japan Earthquake and Tsunami became the costliest natural disaster ever recorded. This study applied a geographic information system using assumed tsunami-affected data calibrated in a recursive computable general equilibrium model to perform an economic impact assessment and an estimated recovery budget. We simulated 100 years of tsunamis and a 10-year sectoral recovery package for the sectors related to the ocean economy, such as kelp, net fishery, squid, other fisheries, food processing, and recreation, with a capital-use subsidy policy regarding investment strategy. We found that the aqua sector is incredibly vulnerable and would not recover with the capital-use subsidy within Hakodate City’s financial capability. Nevertheless, the recovery policy could still ease output price changes. On the other hand, the recreation sector could recover to pre-disaster conditions, but at huge fiscal and social costs. Meanwhile, the food processing sector’s recovery could generate social benefits and have a spillover effect on other fisheries sectors. The application of geographic information system in tsunami-prone areas could strengthen the precision of economic analysis. Such evidence-based modeling could visualize the economic impact to assist policymakers and stakeholders in foreseeing disaster risk and implementing more effective building resilience measures.

scholarly journals A Regional Economy-Energy-Transport Model of the EU for Assessing Decarbonization in Transport

Energies ◽  
2019 ◽  
Vol 12 (16) ◽  
pp. 3128 ◽  
Author(s):  
Ioannis Charalampidis ◽  
Panagiotis Karkatsoulis ◽  
Pantelis Capros
Keyword(s):  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Alternative Fuels ◽  
Regional Economy ◽  
Transport Model ◽  
Economic Effects ◽  
Transport Sector ◽  
Regional Economies ◽  
Energy And Environment ◽  
The Eu

The EU decarbonization strategy foresees deep cuts in CO2 in the transport sector. Investment in infrastructure, manufacturing of new technology vehicles and production of alternative fuels induce macroeconomic changes in activity and employment for both national and regional economies. The objective of the paper is to present a newly built macroeconomic-regional model (GEM-E3-R general equilibrium model for economy, energy and environment for regions) for assessing impacts of transport sector restructuring on regional economies of the entire EU, segmented following NUTS-3 (nomenclature of territorial units of statistics). The model combines general economic equilibrium theory with location choice and New Economic Geography and implements a dynamic, fully endogenous agglomeration-dispersion mechanism for people and industries coupled with a gravity model for bilateral interregional flows. A novelty of the model is a two-layers structure: (i) the country-wide layer formulated as a global multi-sector, multi-country and multi-period computable general equilibrium (CGE) model; and (ii) the regional economy layer, which simulates impacts on regional economies, while considering country-wide economic trends as boundary conditions. The paper presents a use of the model in the assessment of regional economic effects of electrification of car mobility in Europe and wide use of domestically produced advanced biofuels.

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