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Trade and investment liberalisation is evolving rapidly in East Asia. Quantitative impact assessment studies tend to focus on trade liberalisation but the importance of additional analysis on the impacts of investment barriers has been pointed out by several trade liberalisation studies. We develop a global CGE model with endogenous investment...

Environmental taxes primarily aim to improve environmental efficiency of the economy. Internalisation of environmental externalities is the core of environmental economics and it is understandable that most environmental tax discussion including green fiscal reform discussion has focused on the environmental efficiency improvement effect...