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The authors illustrate some of the potential consequences of the World Trade Organization's Doha Round of multilateral trade negotiations on incomes and poverty globally. Using the global LINKAGE model to generate changes in domestic and international prices that have a direct impact on factor...
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This paper addresses three questions relating to the very extensive use of the GTAP global trade protection database: Are there additional price-distorting policy instruments worthy of inclusion in the base year? What is the appropriate counterfactual set of price distortions in the year of...
Persistent link: https://www.econbiz.de/10011083754
This paper examines whether, in the presence of trade preferences, Sub-Saharan African economies, and especially its poorest households, could gain from multilateral trade reform. The World Bank’s LINKAGE model of the global economy is employed to examine the impact first of current trade...
Persistent link: https://www.econbiz.de/10005792269
To analyze the effects of prospective policy changes, sectoral and economy-wide modelers need to begin with baseline estimates of policy induced price distortions. Global trade modelers mostly use the Global Trade Analysis Project (GTAP) protection database, which currently relies heavily on...
Persistent link: https://www.econbiz.de/10010719529
This paper provides new estimates of the global gains from multilateral trade reform and their distribution among developing countries in the presence of trade preferences. Particular attention is given to agriculture, as farmers constitute the poorest households in developing countries but the...
Persistent link: https://www.econbiz.de/10005114393
To analyze the effects of prospective policy changes, sectoral and economy-wide modelers need to begin with baseline estimates of policy induced price distortions. Global trade modelers mostly use the Global Trade Analysis Project (GTAP) protection database, which currently relies heavily on...
Persistent link: https://www.econbiz.de/10014025278
The latest versions of the Global Trade Analysis Project database and the <sc>Linkage</sc> model of the global economy (projected to 2015) are used to estimate the impact of removing all merchandise trade distortions (including agricultural subsidies). Results suggest that a move to free merchandise...
Persistent link: https://www.econbiz.de/10010970072