Policy Simulations in the European Union

by Amedeo Fossati (Editor), John Hutton (Editor)

Overview

The papers in this much-needed collection employ Applied General Equilibrium methodology to address a wide variety of concerns within the European Union. Contributors examine five main policy areas:
* international market integration
* policy simulations with alternative treatments of factor markets
* policies for carbon dioxide abatement
* competitiveness and convergence
* VAT and income tax reform.

Product Details

ISBN-13:	9780415153355
Publisher:	Taylor & Francis
Publication date:	02/19/1998
Series:	Routledge New International Studies in Economic Modelling , #4
Pages:	328
Product dimensions:	6.12(w) x 9.19(h) x (d)
Lexile:	1500L (what's this?)

About the Author

Amedeo Fossati is Professor of Public Economics at the University of Genova, Italy. He serves on several editorial boards, and his most recent publications examine local finance and tax reform. John Hutton is Professor of Economics and Econometrics at the University of York, UK. He was, for several years, Managing Editor of the Economic Journal and serves on several editorial boards. His recent publications are concerned with international issues, including pollution and tax reform.

Table of Contents

PART I International market integration 1 A general equilibrium analysis of Mediterranean economic integration: the case of Italy and Algeria 2 Chilean accession to the Nafta: general equilibrium estimates 3 Resource allocation effects of the 1992 CAP reform on the Greek economy PART II Policy simulations with alternative treatments of factor markets 4 The labour market effects of VAT harmonisation in a multicountry AGE model 5 Wage curves and capital mobility in a general equilibrium model of Italy 6 Development and application of an AGE model with a variable population PART III Policies for carbon dioxide abatement 7 Intra- and intergenerational effects of global carbon limits: a five region analysis 8 Unilateral taxation of international environmental externalities and sectoral exemptions 9 Modelling the effects of energy market distortions on the costs of carbon abatement: computable general equilibrium and partial equilibrium assessment 10 Efficiency and distributional effects of ecotaxes in a CGE model for Italy PART IV Competitiveness and convergence 11 The consequences of technological innovation on employment in the European Union using an AGE approach 12 The effect of deficit in a multicountry model with perfect mobility of capital PART V VAT and income tax reform 13 German income tax reforms: separating efficiency from redistribution 14 Are destination and origin principles equivalent? A quantitative evaluation for the European Union 15 Welfare effects of VAT rate harmonisation in the European Union

Editorial Reviews

Sharing the methodology of Applied General Equilibrium modeling, and Walrasian tradition-derived theoretical frameworks, contributors to 15 papers grouped by issue and modeling feature discuss international market integration, policy simulations with alternative treatments of factor markets, policies for carbon dioxide abatement, competitiveness and convergence, and the VAT and income tax reform. One-third of the papers further share a multicountry static model developed by authors Fehr and Wiegard. Most of the papers were presented at a November 1996 meeting in Genova, Italy, funded by the Commissions of the European Union under the Human Capital and Mobility Programme. Annotation c. by Book News, Inc., Portland, Or.

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