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Provedor de dados:  AgEcon
País:  United States
Título:  How Fiscal (Mis)-Management May Impede Trade Reform: Lessons From an Intertemporal, Multi-Sector General Equilibrium Model for Turkey
Autores:  Diao, Xinshen
Roe, Terry L.
Yeldan, A. Erinc
Data:  2008-01-14
Ano:  1998
Palavras-chave:  International Relations/Trade
Resumo:  We utilize a multi-sector general equilibrium model based on intertemporally optimizing agents to study issues of trade liberalization and fiscal adjustments in the context of the Turkish economy. A key feature of the model is its explicit recognition of the distortionary consequences of excessive borrowing requirements of the public sector through increased domestic interest costs. The model results suggest that the postponement of adjustment to growing public debt and fiscal imbalances could be detrimental; and that in the absence of coordinated fiscal reforms, the welfare gains expected from trade liberalization may significantly be negated.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  28277

http://purl.umn.edu/7459
Editor:  AgEcon Search
Relação:  University of Minnesota>Economic Development Center>Bulletins
Bulletin 98-1
Formato:  31

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