Global trade and climate policy scenarios ? Impact on Finland
In this study we use the dynamic version of the GTAP model to analyse the effects of global trade policy changes and their interaction with different global climate policy regimes from Finland?s point of view, and in particular, implications for Finnish export sectors. Scenarios explore further trade liberalisation as well as effects of higher-than-current tariffs on world markets. As a complementary dimension we analyse the impact of a global climate agreement that will lead to an additional improvement in energy efficiency and impose limitations to GHG emissions. We find a general trend towards a greater weight of services sector in Finland?s total exports volume, whilst the share of traditionally important heavy industry and electronics industries declines. These trends are amplified by further trade liberalisation and slowed down by new barriers for trade. The global coverage of climate policy is particularly significant for energy-intensive industries.
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- Sulamaa, Pekka & Widgrén, Mika, 2005.
"Economic Effects of Free Trade between the EU and Russia,"
969, The Research Institute of the Finnish Economy.
- Pekka Sulamaa & Mika Widgrén, 2005. "Economic Effects of Free Trade between the EU and Russia," Economics Working Papers 036, European Network of Economic Policy Research Institutes.
- Antoine Bouët & Yvan Decreux & Lionel Fontagné & Sébastien Jean & David Laborde, 2004. "A Consistent, Ad-Valorem Equivalent Measure of Applied Protection Across the World: The MAcMap-HS6 Database," Working Papers 2004-22, CEPII research center.
- Huan-Niemi, Ellen & Kerkela, Leena & Lehtonen, Heikki & Niemi, Jyrki S., 2009. "Implications of Trade Liberalization and Domestic Reforms on EU Agricultural Markets," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IAMA), vol. 12(4).
- Burniaux, Jean-Marc & Truong Truong, 2002. "GTAP-E: An Energy-Environmental Version of the GTAP Model," GTAP Technical Papers 923, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
- Kaitila, Ville, 2007. "Free Trade between the EU and Russia - Sectoral Effects and Impacts on Northwest Russia," Discussion Papers 1087, The Research Institute of the Finnish Economy.
- Huan-Niemi, Ellen & Niemi, Janne & Niemi, Jyrki S., 2010. "Global Food Production under Alternative Scenarios," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IAMA), vol. 13(4).
- Joseph Francois & Hans Van Meijl & Frank Van Tongeren, 2005. "Trade liberalization in the Doha Development Round," Economic Policy, CEPR;CES;MSH, vol. 20(42), pages 349-391, 04.
- Ianchovichina, Elena & Walmsley, Terrie, 2003.
"The impact of China's WTO accession on East Asia,"
Policy Research Working Paper Series
3109, The World Bank.
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