Preferential vs. Full Trade Liberalisation: A Dynamic CGE Model with Heterogeneous Households for Jordan
AbstractThis paper deals with the economic effects and the policy implications of trade liberalisation on the Jordanian economy, with emphasis on welfare, income distribution and real wages of heterogeneous households, by using a neoclassical dynamic computable general equilibrium (CGE) model. Specifically the paper assesses the impacts of preferential trade liberalisation with the European Union (EU) and compare them with those brought about by broad and non-discriminatory trade liberalisation. --
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Verein für Socialpolitik, Research Committee Development Economics in its series Proceedings of the German Development Economics Conference, Berlin 2011 with number 26.
Date of creation: 2011
Date of revision:
Dynamic CGE Models; Heterogeneous households; Trade liberalisation; Jordan;
Find related papers by JEL classification:
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- F11 - International Economics - - Trade - - - Neoclassical Models of Trade
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-07-27 (All new papers)
- NEP-CMP-2011-07-27 (Computational Economics)
- NEP-INT-2011-07-27 (International Trade)
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.:
- Paul S. Armington, 1969. "A Theory of Demand for Products Distinguished by Place of Production (Une thÃ©orie de la demande de produits diffÃ©renciÃ©s d'aprÃ¨s leur origine) (Una teorÃa de la demanda de productos dis," IMF Staff Papers, Palgrave Macmillan, vol. 16(1), pages 159-178, March.
- Trimborn, Timo & Koch, Karl-Josef & Steger, Thomas M., 2008.
"Multidimensional Transitional Dynamics: A Simple Numerical Procedure,"
Cambridge University Press, vol. 12(03), pages 301-319, June.
- Karl-Josef Koch & Timo Trimborn & Thomas M. Steger, 2005. "Multi-Dimensional Transitional Dynamics: A Simple Numerical Procedure," Volkswirtschaftliche DiskussionsbeitrÃ¤ge 121-05, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
- Timo Trimborn & Karl-Joseph Koch & Thomas Steger, 2008. "Multidimensional Transitional Dynamics: A Simple Numerical Procedure (Mathematica)," QM&RBC Codes 193, Quantitative Macroeconomics & Real Business Cycles.
- Timo Trimborn & Karl-Josef Koch & Thomas Steger, 2006. "Multi-Dimensional Transitional Dynamics: A Simple Numberical Procedure," CESifo Working Paper Series 1745, CESifo Group Munich.
- Timo Trimborn & Karl-Joseph Koch & Thomas Steger, 2008. "Multidimensional Transitional Dynamics: A Simple Numerical Procedure (Matlab)," QM&RBC Codes 194, Quantitative Macroeconomics & Real Business Cycles.
- Timo Trimborn & Karl-Josef Koch & Thomas M. Steger, 2004. "Multi-dimensional transitional dynamics : a simple numerical procedure," CER-ETH Economics working paper series 04/35, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Reimer, Jeffrey J., 2002.
"Estimating the Poverty Impacts of Trade Liberalization,"
GTAP Working Papers
1163, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Reimer, Jeffrey J., 2002. "Estimating the poverty impacts of trade liberalization," Policy Research Working Paper Series 2790, The World Bank.
- Jaume Ventura & Francesco Caselli, 2000.
"A Representative Consumer Theory of Distribution,"
American Economic Review,
American Economic Association, vol. 90(4), pages 909-926, September.
- Caselli, G & Ventura, J, 1996. "A Representative Consumer Theory of Distribution," Papers 534, Harvard - Institute for International Development.
- Caselli, F. & Ventura, J., 1996. "A Representative Consumer Theory of Distribution," Working papers 96-11, Massachusetts Institute of Technology (MIT), Department of Economics.
- Devarajan, Shantayanan & Go, Delfin S., 1998. "The Simplest Dynamic General-Equilibrium Model of an Open Economy," Journal of Policy Modeling, Elsevier, vol. 20(6), pages 677-714, December.
- Feraboli, Omar & Trimborn, Timo, 2009.
"Trade Liberalization and Income Distribution: A CGE Model for Jordan,"
Proceedings of the German Development Economics Conference, Frankfurt a.M. 2009
10, Verein für Socialpolitik, Research Committee Development Economics.
- Omar Feraboli & Tim Trimborn, 2008. "Trade Liberalization and Income Distribution: A CGE Model for Jordan," International Trade and Finance Association Conference Papers 1117, International Trade and Finance Association.
- Ianchovichina, Elena & Nicita, Alessandro & Soloaga, Isidro, 2001. "Trade reform and household welfare : the case of Mexico," Policy Research Working Paper Series 2667, The World Bank.
- Chatterjee, Satyajit, 1994. "Transitional dynamics and the distribution of wealth in a neoclassical growth model," Journal of Public Economics, Elsevier, vol. 54(1), pages 97-119, May.
- Henri C. GhesquiÃ¨re, 1998. "Impact of European Union Association Agreements on Mediterranean Countries," IMF Working Papers 98/116, International Monetary Fund.
- L. Alan Winters & Neil McCulloch & Andrew McKay, 2004. "Trade Liberalization and Poverty: The Evidence So Far," Journal of Economic Literature, American Economic Association, vol. 42(1), pages 72-115, March.
- Hosoe, Nobuhiro, 2001. "A general equilibrium analysis of Jordan's trade liberalization," Journal of Policy Modeling, Elsevier, vol. 23(6), pages 595-600, August.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics).
If references are entirely missing, you can add them using this form.