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An Extended Global Simulation Model: Analysis of Tariffs & Anti-Dumping Policy Impacts on Prices, Output, Incomes, and Employment

Author

Listed:
  • Joseph Francois

    (Johannes Kepler University Linz
    U.S. Bureau of Labor Statistics)

Abstract

This technical report brings together two papers on the linear and non-linear versions of the multi-region trade simulation model known as GSIM. It outlines a modeling strategy for the partial equilibrium analysis of tariff and antidumping policy on a global level. The framework is scalable, employs national product differentiation, and allows for the simultaneous assessment of trade policy changes (duties and undertakings), at the industry level, on a global, regional, or national level. Results allow the assessment of importer and exporter effects related to tariff revenues, exporter (producer) surplus, and importer (consumer) surplus. With additional data, national employment effects can also be fit into the basic framework. NOTE the *.zip archive includes Excel template models, and the technical papers that explain the model.

Suggested Citation

  • Joseph Francois, 2009. "An Extended Global Simulation Model: Analysis of Tariffs & Anti-Dumping Policy Impacts on Prices, Output, Incomes, and Employment," IIDE Discussion Papers 20090803a, Institue for International and Development Economics.
  • Handle: RePEc:lnz:wpaper:20090803a
    as

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    File URL: http://www.i4ide.org/content/wpaper/dp20090803.zip
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    Citations

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    Cited by:

    1. Xiang, Hongjin & Kuang, Yanxiang, 2020. "Who benefits from China’s coal subsidy policies? A computable partial equilibrium analysis," Resource and Energy Economics, Elsevier, vol. 59(C).
    2. James Fetzer & Aimee Larsen & Danielle Trachtenberg, 2013. "Rules of thumb for estimating changes in industry level employment," EcoMod2013 5583, EcoMod.
    3. Jan Hagemejer & Jan Jakub Michałek & Karolina Pawlak, 2021. "Trade Implications of the Transatlantic Trade and Investment Partnership for Poland’s Agri-Food Trade," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 13(1), pages 75-103, March.
    4. Xiang, Hongjin & Kuang, Yanxiang & He, Hongbo & Yao, Shujie, 2022. "Could tariffs reduce overcapacity and environmental pollution? Evidence from China’s adjustment of tariffs on coal," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 129-144.
    5. Xiang, Hongjin & Kuang, Yanxiang & Li, Chenhua, 2017. "Impact of the China–Australia FTA on global coal production and trade," Journal of Policy Modeling, Elsevier, vol. 39(1), pages 65-78.
    6. Vanzetti, David & Peters, Ralf, 2010. "Impact of Tariff Reductions in NAMA and Agriculture WTO Negotiations on GCC Common External Tariffs," 2010 Conference (54th), February 10-12, 2010, Adelaide, Australia 59175, Australian Agricultural and Resource Economics Society.

    More about this item

    Keywords

    GSIM; antidumping; partial equilibrium model; trade policy modeling; simulation model; global markets;
    All these keywords.

    JEL classification:

    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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