Trade Policies and Integration - Evaluations with CGE Models
AbstractThis monograph studies trade and integration at three levels: national, regional and global. The impacts of trade and integration have been evaluated in three different cases: Finland's accession into the EU, global trade liberalisation set off by the WTO negotiations and the EU's enlargement with the new members from the former socialist Central European countries. Computable general equilibrium (CGE) modelling is used to evaluate the likely outcomes of the policy changes related to these occurrences. Finnish accession into the EU is evaluated by a single region comparative-static CGE model of the Finnish economy. Multilateral trade liberalisation within the WTO negotiations is evaluated using GTAP model developed at University of Purdue in Global Trade Analysis Project. The eastern enlargement of the EU is studied with a recursive dynamic version of the GTAP model.
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Bibliographic InfoPaper provided by Government Institute for Economic Research Finland (VATT) in its series Research Reports with number 109.
Date of creation: 01 Jun 2004
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Find related papers by JEL classification:
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- F15 - International Economics - - Trade - - - Economic Integration
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
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