This paper describes in detail the theoretical and empirical features of the G-Cubed multi-country, multi-sector intertemporal general equilibrium model. The G-Cubed model has been used for a number of alternative policy simulations including the implications of greenhouse gas policy, trade liberalization, tax policy and macroeconomic policy. The paper is intended as a technical guide to supplement policy-oriented papers. It does not include a survey of related literature; for that or other additional detail, including computer code for the model and analysis of a variety of policy simulations, refer to McKibbin and Wilcoxen (1994) or contact the authors.
[On the role of the United States at the COP 24 U.N. climate negotiations] They don’t have credibility and leadership capacity and leverage, of course, the way they used to.