Recent trade disruptions and their consequences on supply chains show the importance of stable trade relations for exporters' economic planning and importers' supply security. Both instability in trading partners' economic and institutional environment and differences between them are likely to...

This paper examines the impact of intra-ASEAN trade liberalization (AFTA) using a multicountry, computable general equilibrium model (GTAP Model) with special focus onMalaysia. The study considers the full elimination of intra-ASEAN import taxes and export subsidies. Results suggest that...

Policymakers are increasingly relying on computable general equilibrium (CGE) models to provide economy-wide impacts of trade agreements; however, these assessments often make the simplifying assumption of complete bilateral tariff elimination. But agreements typically involve partial tariff...

Growing concerns in the major importing countries on the socio-environmental sustainability of oil palm farming may affect the import demand of palm oil and hence the economy of the exporting countries. This paper develops a comparative static, partial equilibrium model to examine the impact of...

The bioeconomy strategy of the European Union aims to balance three distinct goals: food security, the sustainable use of renewable resources for industrial purposes, and environmental protection. This study uses an integrated computable general equilibrium model to simulate the impacts of...

In recent years, reducing food waste and loss has become a policy priority in the European Union, but little is known about impacts of related measures in the EU and beyond. This study informs the debate on food waste reduction through a quantitative analysis. It considers adjustment costs for...

Although trade liberalisation has been linked econometrically and through casual empiricism to large income increases, attempts to quantify its impact in static simulation models have shown small estimated gains. This paper shows that when the endogenous dynamic effects of trade liberalisation...

Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...

Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...

The empirical analysis of the micro links between trade and knowledge diffusion allows us to distinguish among the key predictions of the theoretical literature on endogenous growth. This literature postulates that total factor productivity (TFP) is higher when trade gives access to a wider or...