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The Impact of Economic Partnership Agreements on African, Caribbean and Pacific Countries Imports and Welfare AgEcon
Morrissey, Oliver; Zgovu, Evious.
This paper estimates the impact on a sample of 34 African, Caribbean and Pacific (ACP) countries of eliminating tariffs on imports from the EU under Economic Partnership Agreements (EPAs), considering trade, welfare and revenue effects. Even assuming ‘immediate’ complete elimination of all tariffs on imports from the EU, some two-thirds of ACP countries are likely to experience welfare gains; the ACP overall and the average ACP country gain. The overall welfare effect relative to GDP tends to be very small, whether positive or negative. While potential tariff revenue losses are non-negligible, given that countries have at least ten years in which to implement the tariff reductions, there is scope for tax substitution. An important issue is identifying the...
Tipo: Conference Paper or Presentation Palavras-chave: EU-ACP; Economic Partnership Agreement; ACP Imports; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/44205
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Dynamic Effects of an Economic Partnership Agreement: Implications for Senegal AgEcon
Cissokho, Lassana.
In this paper, I use a dynamic recursive computable general equilibrium to evaluate, for the economy of Senegal, the dynamic effects of an economic Partnership Agreement between West African countries and the European Union. In the simulation, the liberalization scheme is designed in a way similar to the interim agreement signed by Cote d’Ivoire and Ghana. The effects described are the shifts from the baseline numbers. I found that the production of agricultural goods will decrease, affecting employment negatively, particularly in unskilled labor, since this sector is very labor intensive. In fact, employment drops at around 0.2 percent a year, during the simulation period (2012-2030). GDP grows on average by 1.9 percent a year. The effects of the economic...
Tipo: Thesis or Dissertation Palavras-chave: Economic Partnership Agreement; Free Trade Area; Dynamic Computable General Economic; Crop Production/Industries; International Relations/Trade.
Ano: 2010 URL: http://purl.umn.edu/97622
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