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  • 1990-1994  (12)
  • Oliveira Martins, Joaquim  (8)
  • Poret, Pierre  (4)
  • Paris : OECD Publishing  (12)
  • 1
    Language: English
    Pages: 50 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Working Papers no.97
    Keywords: Development
    Abstract: This paper presents a brief introduction to the OECD GREEN Model. The GREEN model has been developed by the OECD Secretariat in order to assess the economic impact of abating CO2 emissions using several different economic instruments. The paper is divided into two parts. The first provides a brief introduction to the structure of the GREEN model. The second describes several different simulations using the GREEN model, including what is generally referred to as the Business-as-Usual scenario and several alternative carbon-abatement scenarios. For specific details on the model and its implementation, readers are referred to the GREEN Reference Manual, and the GREEN User Manual ...
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  • 2
    Online Resource
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    Paris : OECD Publishing
    Language: English
    Pages: 44 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.134
    Keywords: Economics
    Abstract: This paper investigates the link between trade flows and relative wages on a cross-section of 22 sectors in 12 OECD countries. Industries are classified according to stylised facts about market structure (fragmentation, segmentation and degree of product differentiation). Next, the import penetration trends during the period 1970-90 are analysed, with special attention paid to the imports from Asian NICs. Finally, panel data estimates of a relative wage equation, encompassing both the characterisation of industries by type of market structure, as well as import penetration and export-intensity variables, are carried out. The results show that the impact of import penetration on relative wages tends to be negative in industries with low product differentiation, whereas the reverse result occurs in industries with high product differentiation and market segmentation ...
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  • 3
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    Paris : OECD Publishing
    Language: English
    Pages: 38 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.125
    Keywords: Economics
    Abstract: The aim of this paper is to analyse the implications of the European Commission proposal of a mixed energy cum carbon tax to curb CO2 emissions from a global perspective. The paper deals with the effects of this proposal on emissions and welfare in both the EC and the rest of the world by concentrating on three main issues: i) the effectiveness of the proposed tax measures in terms of curbing EC and global CO2 emissions; ii) the implied costs for the EC and the other countries/regions of the world; and iii) the implications of the EC proposal for the world distribution of emissions and the competitiveness of the EC economy. In this connection, the relevance of the so-called "carbon leakages" -- i.e. the displacement of polluting activities from countries participating in an emission reduction agreement to countries not concerned by the agreement -- is examined. The paper provides quantitative answers to these issues using simulations with GREEN, the global dynamic applied general ...
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  • 4
    Language: English
    Pages: 61 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.118
    Keywords: Economics
    Abstract: This paper forms part of an OECD project which addresses the issue of the costs of reducing CO2 emissions by comparing the results from six global models of a set of standardised scenarios. This paper provides evidence of regional differences with respect to carbon tax curves through the middle of the next century. It also develops some analytical tools that can help to explain the main mechanisms at work in GREEN. Finally, it evaluates the welfare and output costs entailed in reduction emissions ...
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  • 5
    Language: English
    Pages: 79 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.115
    Keywords: Economics
    Abstract: This paper presents simulation results using the OECD Secretariat's GREEN model to quantify the economic costs of possible international agreements to curb CO2 emissions. These results supersede the initial GREEN results published in Working Paper no. 103 in June 1991. The first section of the paper summarises the analysis and draws some conclusions for policy. Section II of the paper reviews the so-called Business-as-Usual scenario and presents some sensitivity analysis around it. Section III considers international agreements under which emission curbs are only applied by the OECD countries or the EC and no actions are taken by the non-OECD regions. Particular attention is paid to the possibility that unilateral action by the OECD countries might give rise to so-called "carbon leakages", i.e. higher emissions in the non-OECD regions. Section IV extends the coverage of the international agreements to embrace the non-OECD countries. It quantifies the gains from cost-effective ...
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  • 6
    Language: English
    Pages: 119 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.116
    Keywords: Economics
    Abstract: The OECD Secretariat has developed a multi-region, multi-sector, dynamic applied general equilibrium (AGE) model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironment model, hereafter referred to as GREEN. The purpose of this paper is to provide a full technical description of the GREEN model, its data base and parametrisation as of April 1992. It replaces the previous version of the GREEN Technical Manual which was issued in June 1991 as Working Paper No. 104 ...
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  • 7
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    Paris : OECD Publishing
    Language: English
    Pages: 41 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.101
    Keywords: Economics
    Abstract: The P-star approach has been developed by the U.S. Federal Reserve as a new indicator of inflationary pressures. This paper assesses its usefulness for 20 OECD Member countries. Regression results are presented and in-sample tracking ability and forecasting performance of the equations are compared to rival inflation models and official OECD projections ...
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  • 8
    Language: English
    Pages: 57 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.103
    Keywords: Economics
    Abstract: The OECD Secretariat has developed a multi-region, multi-sector. dynamic general equilibrium model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironmental model, hereafter referred to as GREEN. The purpose of this paper is to outline the main features of GREEN in a non-technical fashion and to present some preliminary results from three scenarios of alternative international agreements to cut CO2 emissions. The paper also sets out a range of options for possible extensions to the model, with the explicit aim of improving its policy relevance ...
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  • 9
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    Paris : OECD Publishing
    Language: English
    Pages: 29 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.91
    Keywords: Economics
    Abstract: A recent study by David Aschauer suggested a novel explanation for the slowdown of private-sector total factor productivity (TFP) in the United States in the early 1970s. He argues that it is due to the roughly contemporaneous slowdown in the rate of investment in public-sector infrastructure. Using data for eleven OECD countries, this note provides only mixed support for Aschauer's hypothesis. With series starting in the 1960s for most countries, regression analysis found a significant effect of infrastructure on TFP in about half the countries. A longer-term perspective was also examined for the United States. On the basis of data going back to the end of the 19th century, it appears that there was no relationship between infrastructure and TFP until after World War II ...
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  • 10
    Language: English
    Pages: 103 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.104
    Keywords: Economics
    Abstract: The OECD Secretariat has developed a multi-region, multi-sector, dynamic applied general equilibrium (AGE) model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironments model, hereafter referred to as GREEN. The purpose of this paper is to provide a full technical description of the GREEN model, its data base and parametrisation as of May 1991. Work is continuing to extend GREEN in several different directions to make the model more policy relevant, and a revised version of the technical manual will be issued in due course ...
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  • 11
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    Paris : OECD Publishing
    Language: English
    Pages: 56 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.87
    Keywords: Economics
    Abstract: In the 1980s, real consumption wages fell relative to labour efficiency in OECD countries, although there has been some pressure on wages recently. The persistent moderation of wages was due to labour-market slack, as well as rising non-wage labour costs and slower increases in output prices relative to consumer prices in some countries. It does not appear to reflect changes in wage behaviour. The analysis of time-series properties suggests that, typically, wages do not fully catch up to past losses. There is, furthermore, no strong evidence for instability of well-specified wage equations with the exception of France where stringent monetary policy since 1983 may have modified the formation of expectations ...
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  • 12
    Language: English
    Pages: 52 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.86
    Keywords: Economics
    Abstract: This paper presents work on wage/price blocks for the smaller OECD countries which has been implemented in OECD's world econometric model, INTERLINK. The paper discusses theoretical, statistical and practical aspects of the estimation of business sector wage equations and five domestic demand deflators. It also presents a variety of diagnostic simulations in order to evaluate overall model properties ...
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