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This paper draws on a general equilibrium poisson pseudo maximum likelihood model augmented by a dynamic capital accumulation to estimate the effects of the African Continental Free Trade Agreement (AfCFTA) on intra-African trade flows. The empirical results show that the AfCFTA could raise...
Persistent link: https://www.econbiz.de/10012805624
. Two-thirds of Morocco's trade is with the EU. The analysis is based on a CGE model that integrates 5129 households from a … results indicate that poverty declines as a result of this trade liberalization. However, the impacts are weak given that …
Persistent link: https://www.econbiz.de/10014057744
We highlight an example of considerable bias in officially published input-output data (factor-income shares) by an LDC (Turkey), which many researchers use without question. We make use of an intertemporal general equilibrium model of trade and production to evaluate the dynamic gains for...
Persistent link: https://www.econbiz.de/10014186270
This paper develops a model of foreign direct investment (FDI) in a computable general equilibrium (CGE) framework by …
Persistent link: https://www.econbiz.de/10013148047
computable/applied general equilibrium (CGE) modelling, traditionally more comfortable with policies whose impact can be … focus of this research, however, is to discuss and question the various treatments of NTBs in CGE models with a specific … application of the Global Trade Analysis Project (GTAP) standard model, the workhorse of trade policy CGE analysis. We find that …
Persistent link: https://www.econbiz.de/10014056731
Strong opinions about the impact of globalization on poverty are not always backed by robust factual evidence. As …
Persistent link: https://www.econbiz.de/10014219297
The Philippines has undertaken substantial trade-policy reforms since the 1980s. However, the poverty impact is not … very clear and has been the subject of intense debate, most crucial of which is the likely poverty effects of liberalizing … the highly protected agricultural sector. A CGE micro-simulation model is employed to estimate and explain these impacts …
Persistent link: https://www.econbiz.de/10012711437
Studying the poverty and income distribution effects of macroeconomic policies or shocks requires a methodology that … equilibrium (CGE) macro model being used and how the macro and micro components of the methodology are connected together and …/or integrated. It thus starts from a simple framework where the two components are handled separately: the CGE model is static and …
Persistent link: https://www.econbiz.de/10014025270
We describe the progress of computable general equilibrium (CGE) modeling software since the 1980s and contrast the … rapid growth in the use of CGE models, and allowed models to be shared and their results replicated. We show how a very …
Persistent link: https://www.econbiz.de/10014025271
This paper updates the analysis of the global macroeconomic consequences of the COVID-19 pandemic in earlier papers by the authors with data as of late October 2020. It also extends the focus to Asian economies and explores four alternative policy interventions that are coordinated across all...
Persistent link: https://www.econbiz.de/10012490449