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Trade Policies and Integration - Evaluations with CGE Models

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  • Risto Vaittinen

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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Bibliographic Info

Paper provided by Government Institute for Economic Research Finland (VATT) in its series 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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Cited by:
  1. Pekka Sulamaa & Mika Widgrén, 2004. "EU-Enlargement and Beyond: A Simulation Study on EU and Russia Integration," Empirica, Springer, vol. 31(4), pages 307-323, December.
  2. Kari E.O.Alho & Ville Kaitila & Mika Widgrén, 2005. "Speed of Convergence and Relocation - New EU Member Countries Catching up with the Old," Economics Working Papers 034, European Network of Economic Policy Research Institutes.
  3. Hyytia, Nina, 2011. "Allocation of CAP modulation funds to rural development measures at the regional level in Finland," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114525, European Association of Agricultural Economists.

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