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Lips, Markus; Rieder, Peter. |
This paper discusses an approach to implement output quotas in the GTAP model which permits an endogenous adjustment of both the supplied quantity and the quota rent. Since the quota rent is interpreted as additional earnings of the factors used no change of the worldwide GTAP data base is required. Several modifications of the GTAP model and two exogenous coefficients are necessary. Considering uncertain values of one of the coefficients, systematic sensitivity analysis is applied. The abolishment of the raw milk quota in the European Union would lead to a remarkable decrease in raw milk prices in most member countries. The raw milk production increases in Denmark, Ireland, Luxembourg and the Netherlands while it declines in Greece and Portugal. In the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: General equilibrium model; GTAP; Output quota; Raw milk production; Sensitivity analysis; Agribusiness. |
Ano: 2002 |
URL: http://purl.umn.edu/24817 |
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Boyd, Roy; Uri, Noel D.. |
This study examines the effect of the sugar tariff-rate import quota program on the U.S. economy. Based on a computable general equilibrium model, the analysis suggests that a complete elimination of the sugar program will reduce output for all producing sectors by about $2.85 billion. For producing sectors in addition to the agriculture-program crops, crude oil and petroleum refining sectors, output will increase by about $2.98 billion. Additionally, there will be an increase of about $197 million on $121 million in the consumption of goods and services and in welfare, respectively. The government sector realizes a reduction in revenue of about $15 million. |
Tipo: Journal Article |
Palavras-chave: General equilibrium model; Consumer welfare; Sugar program; Tariff-rate quota; Agribusiness; International Relations/Trade. |
Ano: 1993 |
URL: http://purl.umn.edu/62335 |
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Bouet, Antoine. |
Trade liberalization is expected to act positively on development and poverty alleviation, both of which have become a high priority of international community. This explains why numerous studies have focused on assessing the expected benefits of trade liberalization on poverty. The main empirical tool for these assessments has been the use of multi-country Computable General Equilibrium Models (CGEM). These models, however, have produced divergent results. As demonstrated by recent studies, the associated increase in world welfare from full trade liberalization ranges from 0.2% to 3.1% — results that differ by a factor of 15 to 1! The impact on poverty headcount is also very divergent as the number of people lifted out from poverty ranges from 72 million... |
Tipo: Working or Discussion Paper |
Palavras-chave: Trade modeling; Poverty alleviation; General equilibrium model; Assessment; Food Security and Poverty; International Relations/Trade. |
Ano: 2006 |
URL: http://purl.umn.edu/58575 |
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