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General Equilibrium Assessment of the COMESA-EAC-SADC Tripartite FTA

Author

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  • Willenbockel, Dirk

Abstract

This study provides an ex-ante computable general equilibrium (CGE) assessment of the Tripartite Free Trade Agreement between the member states of the Common Market for Eastern and Southern Africa, the East African Community and the Southern African Development Community. The CGE approach enables a consistent integrated predictive evaluation of sectoral production and employment impacts, aggregate income and welfare effects of changes in trade barriers while taking full account of the macroeconomic repercussion arising e.g. from terms-of trade effects, tariff revenue changes and intersectoral input-output linkages. The simulation analysis considers eight distinct trade integration scenarios that differ in their level of ambition.

Suggested Citation

  • Willenbockel, Dirk, 2013. "General Equilibrium Assessment of the COMESA-EAC-SADC Tripartite FTA," MPRA Paper 51501, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:51501
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    File URL: https://mpra.ub.uni-muenchen.de/51501/1/MPRA_paper_51501.pdf
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    References listed on IDEAS

    as
    1. Lippoldt, Douglas, 2013. "Policy Priorities for International Trade and Jobs," Proceedings Issues, 2013: Employment, Immigration and Trade, December 15-17, 2013, Clearwater Beach, Florida 182509, International Agricultural Trade Research Consortium.
    2. Nelson, Gerald C. & Rosegrant, Mark W. & Palazzo, Amanda & Gray, Ian & Ingersoll, Christina & Robertson, Richard & Tokgoz, Simla & Zhu, Tingju & Sulser, Timothy B. & Ringler, Claudia & Msangi, Siwa & , 2010. "Food security, farming, and climate change to 2050: Scenarios, results, policy options," Research reports Gerald C. Nelson, et al., International Food Policy Research Institute (IFPRI).
    3. Scott McDonald & Sherman Robinson & Karen Thierfelder, 2007. "Globe: A SAM Based Global CGE Model using GTAP Data," Departmental Working Papers 14, United States Naval Academy Department of Economics.
    4. Willenbockel, Dirk, 2004. "Specification choice and robustness in CGE trade policy analysis with imperfect competition," Economic Modelling, Elsevier, vol. 21(6), pages 1065-1099, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Andrew Mold & Rodgers Mukwaya, 2015. "The Effects of the Tripartite Free Trade Area: Towards a New Economic Geography in Southern, Eastern and Northern Africa?," Discussion Papers 2015-04, University of Nottingham, CREDIT.
    2. Willenbockel, Dirk, 2014. "Computable General Equilibrium Simulations of the COMESA-EAC-SADC Tripartite Free Trade Agreement," MPRA Paper 78069, University Library of Munich, Germany.
    3. Balistreri,Edward Jay & Maliszewska,Maryla & Osorio-Rodarte,Israel & Tarr,David & Yonezawa,Hidemichi, 2016. "Poverty and shared prosperity implications of deep integration in Eastern and Southern Africa," Policy Research Working Paper Series 7660, The World Bank.

    More about this item

    Keywords

    Free trade agreement; South-south trade; regional economic integration; computable general equilibrium;

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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