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Trade Policies and Integration - Evaluations with CGE Models

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Author Info
Risto Vaittinen

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Abstract

This 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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Paper provided by Government Institute for Economic Research (VATT) in its series VATT Research Reports with number 109.

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Date of creation: 01 Jun 2004
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Handle: RePEc:fer:resrep:109

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Related research
Keywords: Agricultural Policy CGE modelling EU's eastern enlargement Integration Trade Policy WTO

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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 and Programming - - - 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

Cited by:
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  1. Kari E.O. Alho & Ville Kaitila & Mika Widgrén, 2004. "Speed of Convergence and Relocation: New EU Member Countries Catching up with the Old," Discussion Papers 963, The Research Institute of the Finnish Economy. [Downloadable!]
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  2. Sulamaa, Pekka & Widgrén, Mika, 2004. "EU Enlargement and Beyond: A Simulation Study on EU and Russia Integration," CEPR Discussion Papers 4720, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
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