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| Bautista, Romeo M.; Robinson, Sherman; Tarp, Finn; Wobst, Peter. |
| "May 1998." "Macro Economic Reforms and Regional Integration in Southern Africa." Includes bibliographical references (p. 23-25). Published as Bautista, Romeo M., Robinson, Sherman, Tarp, Finn, and Wobst, Peter. 2001. Policy bias and agriculture: partial and general equilibrium measures. Review of Development Economics 5(1): 89-104. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Terms of trade; Equilibrium (Economics) -- Mathematical models; Tanzania; Computable general equilibrium (CGE); Agricultural trade; Agricultural and Food Policy. |
| Ano: 1998 |
URL: http://purl.umn.edu/97544 |
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| Kerkela, Leena. |
| In this paper, the welfare results in trade liberalisation scenarios in global CGE models (like GTAP) are analysed. The default modeling strategy in trade is the Armington assumption with bilateral trade flows in industries. The negative terms of trade effects that often dominate the negative welfare outcome in simulation experiments are decomposed to imports and exports price effects. The numerical examples show that even in unilateral liberalisation with decreasing import tariffs, the welfare effects are dominated by domestic price level changes that also drive the exports prices. The numerical examples are built around simple GTAP tariff cut experiments with 3x3 country and commodity aggregation. The inherent feature in this type of models is that they... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: CGE Modeling; Trade liberalisation; Terms of trade; International Relations/Trade; Research Methods/ Statistical Methods. |
| Ano: 2008 |
URL: http://purl.umn.edu/6397 |
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