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Structural estimation and solution of international trade models with heterogeneous firms
We present an empirical implementation of a general-equilibrium model of international trade with heterogeneous manufacturing firms. The theory underlying our model is consistent with Melitz (2003).Expand
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Applied General Equilibrium Modeling with MPSGE as a GAMS Subsystem: An Overview of the Modeling Framework and Syntax
TLDR
This paper introduces the Mathematical Programming System for General Equilibrium analysis (MPSGE, Rutherford 1987) within the Generalized Algebraic Modelling System. Expand
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Extension of GAMS for complementarity problems arising in applied economic analysis
Abstract This paper introduces new features of the GAMS modeling language which have been developed for solving nonlinear complementarity problems. The paper defines the ‘mixed complementarityExpand
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Combining bottom-up and top-down
Abstract We motivate the formulation of market equilibrium as a mixed complementarity problem which explicitly represents weak inequalities and complementarity between decision variables andExpand
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The role of border carbon adjustment in unilateral climate policy: Overview of an Energy Modeling Forum study (EMF 29)
Issues of emission leakage and competitiveness are at the fore of the climate policy debate in all the major economies implementing or proposing to implement substantial emission cap-and-tradeExpand
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Structural Estimation and Solution of International Trade Models with Heterogeneous Firms
We present an empirical implementation of a general-equilibrium model of international trade with heterogeneous manufacturing firms. The theory underlying our model is consistent with Melitz (2003).Expand
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The case for international emission trade in the absence of cooperative climate policy
We evaluate the efficacy of international trade in carbon emission permits when countries are guided strictly by their national self-interest. To do so, we construct a calibrated general equilibriumExpand
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EU climate policy up to 2020: An economic impact assessment
In its fight against climate change the EU is committed to reducing its overall greenhouse gas emissions to at least 20% below 1990 levels by 2020. To meet this commitment, the EU builds on segmentedExpand
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Carbon Taxes with Exemptions in an Open Economy: A General Equilibrium Analysis of the German Tax Initiative
Abstract Sectoral exemptions from environmental regulation are applied in many countries to avoid adverse adjustment effects in specific industries. The problem with exemptions is that they can makeExpand
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The Economic Effects of Border Measures in Subglobal Climate Agreements
The Kyoto agreement as originally drafted sought to mitigate anthropogenic greenhouse gas emissions through policy measures by most industrialized countries. It now seems likely that the agreementExpand
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