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In this paper we develop a computable general equilibrium model of the regions of Russia to assess the impact of accession to the World Trade Organization (WTO) on the regions of Russia. We estimate that the average gain in welfare as a percentage of consumption for the whole country is 7.8...
Persistent link: https://www.econbiz.de/10010522047
This paper develops a seven-region comparative static computable general equilibrium model of Russia to assess the impact of accession to the World Trade Organization on these seven regions (the federal okrugs) of Russia. In order to assess poverty and distributional impacts, the model includes...
Persistent link: https://www.econbiz.de/10010521189
Rutherford, Tarr, and Shepotylo use a computable general equilibrium comparative static model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO) on income distribution and the poor. Their model is innovative in that they incorporate all 55,000...
Persistent link: https://www.econbiz.de/10010522725
We employ a computable general equilibrium model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO) on income distribution and the poor. We incorporate all 55,098 households from the Russian Household Budget Survey as agents in the model. The model...
Persistent link: https://www.econbiz.de/10005531115
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Persistent link: https://www.econbiz.de/10005384267
It is becoming increasingly clear that economically efficient climate policies are unlikely to be implemented in the near term. Therefore an analysis is warranted that considers the implications of certain suboptimal transition policies. This analysis constructs a transition scenario based on...
Persistent link: https://www.econbiz.de/10011103934
This article uses a multisector, multicountry, computable general equilibrium model to examine Chile's strategy of “additive regionalism”—negotiating bilateral free trade agreements with all of its significant trading partners. Taking Chile's regional arrangements bilaterally, only its...
Persistent link: https://www.econbiz.de/10011206351
In this paper, the authors develop a 10-region comparative static computable general-equilibrium model of Russia to assess the impact of accession to the World Trade Organization on the regions of Russia. The model allows for foreign direct investment in business services and endogenous...
Persistent link: https://www.econbiz.de/10011206364