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IMPLEMENTING TARIFF RATE QUOTAS IN CGE MODELS: AN APPLICATION TO SUGAR TRADE POLICIES IN OECD COUNTRIES AgEcon
van der Mensbrugghe, Dominique; Beghin, John C.; Mitchell, Don.
We use Mixed-Complementarity-Problem programming to implement tariff rate quotas (TRQ) in the global CGE LINKAGE model. We apply the approach to tariff rate quotas in sugar markets in OECD countries. We calibrate the model on 2000 policy levels for OECD countries to reflect the full implementation of their World Trade Organization commitments. We look at reforms of TRQ and TRQ-like schemes in the EU, the United States, and Japan, as well as multilateral trade liberalization. We derive the impact of reforms on welfare, bilateral trade flows, and terms of trade. A 33-percent multilateral decrease of ad-valorem tariffs, combined with a 33-percent increase in imports under TRQ-like schemes in the EU, the United States, and Japan, induces a global welfare gain...
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/22098
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MODELING TARIFF RATE QUOTAS IN A GLOBAL CONTEXT: THE CASE OF SUGAR MARKETS IN OECD COUNTRIES AgEcon
van der Mensbrugghe, Dominique; Beghin, John C.; Mitchell, Don.
We use mixed-complementarity-problem programming to implement tariff rate quotas (TRQs) in the global computable general equilibrium (CGE) Linkage model. We apply the approach to TRQs in sugar markets in OECD (Organization for Economic Cooperation and Development) countries. We calibrate the model on 2000 policy levels for OECD countries to reflect the full implementation of their World Trade Organization commitments. We look at reforms of TRQ and TRQ-like schemes in the European Union, the United States, and Japan, as well as multilateral trade liberalization. We derive the impact of reforms on welfare, bilateral trade flows, and terms of trade. A 33 percent multilateral decrease of ad valorem tariffs, combined with a 33 percent increase in imports under...
Tipo: Working or Discussion Paper Palavras-chave: CGE model; Doha; Liberalization; Sugar; Tariff rate quota; Trade negotiations; TRQ; International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/18612
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