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Estimation of the Russia’s trade policy options with the help of the Computable General Equilibrium Model

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Author Info
Alexander Alekseev () (New Economic School/CEFIR)
Natalia Tourdyeva () (CEFIR, NES)
Ksenia Yudaeva (CSR, Carnegie Endowment for International Peace, NES)

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Abstract

The computable general equilibrium model was used in assessing different Russia’s trade policy options. The base experiment lying in the core of our investigation is simulation of the EU eastward enlargement. According to our calculations Russia does not loose in the resulting equilibrium. This is not a zero-sum process from a point of view of Russia’s social welfare. The other experiments are: simulation of Russia’s WTO accession and creation of the Common European Economic Space. Change in the tariffs associated with the possible WTO accession is so small relative to the existing level of tariffs, that it does not give a significant change in the Russian economic environment. Significant changes are associated with the creation of the CEES as a free trade area between Russia and the enlarged Europe. If an FTA agreement will cover all goods and services, this will give a negative effect on the Russian economy.

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Publisher Info
Paper provided by Center for Economic and Financial Research (CEFIR) in its series Working Papers with number w0042.

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Length: 62 pages
Date of creation: Dec 2003
Date of revision:
Handle: RePEc:cfr:cefirw:w0042

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Related research
Keywords: CGE models; enlargement of the European Union; Russia’s WTO accession; Free Trade Area;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Hellman, Joel S. & Jones, Geraint & Kaufmann, daniel, 2000. ""Seize the state, seize the day": state capture, corruption, and influence in transition," Policy Research Working Paper Series 2444, The World Bank. [Downloadable!]
  2. Grossman, Gene M & Helpman, Elhanan, 1994. "Protection for Sale," American Economic Review, American Economic Association, vol. 84(4), pages 833-50, September. [Downloadable!] (restricted)
    Other versions:
  3. Glaeser, Edward & Scheinkman, Jose & Shleifer, Andrei, 2003. "The injustice of inequality," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 199-222, January. [Downloadable!] (restricted)
    Other versions:
  4. Timothy Besley & Stephen Coate, 2003. "Elected Versus Appointed Regulators: Theory and Evidence," Journal of the European Economic Association, MIT Press, vol. 1(5), pages 1176-1206, 09. [Downloadable!] (restricted)
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  5. Shleifer, Andrei & Vishny, Robert W, 1994. "Politicians and Firms," The Quarterly Journal of Economics, MIT Press, vol. 109(4), pages 995-1025, November. [Downloadable!] (restricted)
  6. Sonin, Konstantin, 2003. "Provincial Protectionism," CEPR Discussion Papers 3973, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  7. Cai, Hongbin & Treisman, Daniel, 2004. "State corroding federalism," Journal of Public Economics, Elsevier, vol. 88(3-4), pages 819-843, March. [Downloadable!] (restricted)
  8. Sonin, Konstantin, 2003. "Why the rich may favor poor protection of property rights," Journal of Comparative Economics, Elsevier, vol. 31(4), pages 715-731, December. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Evgeny Yakovlev & Ekaterina Zhuravskaya, 2006. "State Capture: From Yeltsin to Putin," Working Papers w0094, Center for Economic and Financial Research (CEFIR). [Downloadable!]
    Other versions:
  2. Oksana Harbuzyuk & Stefan Lutz, 2008. "Analyzing trade opening in Ukraine: effects of a customs union with the EU," Economic Change and Restructuring, Springer, vol. 41(3), pages 221-238, September. [Downloadable!] (restricted)
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