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Trade Policies and Integration - Evaluations with CGE Models

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  • Vaittinen, Risto

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.

Suggested Citation

  • Vaittinen, Risto, 2004. "Trade Policies and Integration - Evaluations with CGE Models," Research Reports 109, VATT Institute for Economic Research.
  • Handle: RePEc:fer:resrep:109
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    File URL: https://www.doria.fi/handle/10024/148571
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    Cited by:

    1. Alho, Kari E.O. & Kaitila, Ville & Widgrén, Mika, 2005. "Speed of Convergence and Relocation: New EU Member Countries Catching up with the Old," Discussion Papers 963, The Research Institute of the Finnish Economy.
    2. 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.
    3. Pekka Sulamaa & Mika Widgrén, 2004. "EU-Enlargement and Beyond: A Simulation Study on EU and Russia Integration," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 31(4), pages 307-323, December.
    4. Hannu Törmä, 2008. "Do Small Town Development Projects Matter, and Can CGE Help?," Spatial Economic Analysis, Taylor & Francis Journals, vol. 3(2), pages 247-268.
    5. Thomas Rutherford & Hannu Torma†, 2010. "Efficiency of Fiscal Measures in Preventing Out-migration from North Finland," Regional Studies, Taylor & Francis Journals, vol. 44(4), pages 465-475.
    6. Nina Hyytiä & Jukka Kola, 2013. "Tourism Policy as a Tool for Rural Development," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 35(4), pages 708-730.
    7. Nina Hyytiä, 2014. "Farm diversification and regional investments: efficient instruments for the CAP rural development targets in rural regions of Finland?," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 41(2), pages 255-277.

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