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Estimates of Trade-Related Adjustment Costs in Syria

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  • Lim, Jamus Jerome
  • Saborowski, Christian

Abstract

The scope and complexity of international trading arrangements in the Middle East, as well as their spotty historical record of success, underscores the urgent need for an adequate understanding of the relative costs and benefits of participation in preferential trading arrangements and, more generally, of changes in the domestic import regimes. This paper seeks to address this problem by providing estimates of the adjustment costs associated with two broad classes of hypothetical trade policy scenarios scenarios for Syria: Participation in preferential trading arrangements, and changes in the domestic import regime. We find that the revenue consequences of the first scenario may be substantial, while our analysis of the second scenario suggests that the number of tariff bands can be reduced to a lower number, while ensuring revenue neutrality, via the introduction of a VAT of sufficient but reasonable size.

Suggested Citation

  • Lim, Jamus Jerome & Saborowski, Christian, 2009. "Estimates of Trade-Related Adjustment Costs in Syria," MPRA Paper 17613, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:17613
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    References listed on IDEAS

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    Cited by:

    1. Bhattacharyya, Ranajoy & Mandal, Avijit, 2016. "India–ASEAN Free Trade Agreement: An ex post evaluation," Journal of Policy Modeling, Elsevier, vol. 38(2), pages 340-352.
    2. Lucke, Bernd & Zotti, Jacopo, 2016. "Macroeconomic effects of the Barcelona Initiative," Journal of Policy Modeling, Elsevier, vol. 38(5), pages 837-854.
    3. Missaglia, Marco & Valensisi, Giovanni, 2014. "Trade policy in Palestine: A reassessment," Journal of Policy Modeling, Elsevier, vol. 36(5), pages 899-923.

    More about this item

    Keywords

    Trade policy; trade adjustment costs; tariff reform; Syria;

    JEL classification:

    • P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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