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In 2015, the African Union launched negotiations to establish African Free Trade Agreement named AfCFTA (African Continental Free Trade Area). In this study, we pointed out the importance of the services sector in intra-African trade. It examines the effects of AfCFTA on intra-African trade in...
Persistent link: https://www.econbiz.de/10013224794
This paper examines the effects of African Continental Free Trade Agreement (AfCFTA) on intra-African trade in the medium- and long-term, focusing on trade in services. It assesses the impacts of a 50\% reduction of non-tariff barriers in four services sectors on bilateral trade in services...
Persistent link: https://www.econbiz.de/10013241787
How does market structure and the presence of intermediaries impact the cropping pattern and agricultural trade within a country? The difference between farm-gate and consumer prices implies large intra-national trade costs but it is difficult to know the contribution of intermediary margins to...
Persistent link: https://www.econbiz.de/10012854693
This paper finds that the food problem can lead to large gains from lowering trade costs for poor countries. To quantify these potential gains from trade, I extend the Eaton-Kortum trade model to include a tradable agriculture sector, minimum consumption and home production technology of...
Persistent link: https://www.econbiz.de/10013109243
We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade fragmentation scenarios in a new multi-country, multi-sector,...
Persistent link: https://www.econbiz.de/10014358436
This chapter provides an overview of the first two decades of the Global Trade Analysis Project (GTAP) an effort to support a standardized database and computable general equilibrium (CGE) modeling platform for international economic analysis. It characterizes GTAP in four different dimensions:...
Persistent link: https://www.econbiz.de/10014025279
Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...
Persistent link: https://www.econbiz.de/10014175063
This paper develops a new model of trade policy under dictatorship and democratization. The paper makes two contributions. One is to provide a deeper understanding of the relationship between political institutions and economic efficiency by studying the endogenous interaction between the form...
Persistent link: https://www.econbiz.de/10011721779
The legitimacy of the world trading system is under growing attack, as challenges to its conformity with norms of fairness and social justice are increasingly voiced by citizens and their governments around the world. Taking a novel "bottom up" approach to concerns for fairness, we show how...
Persistent link: https://www.econbiz.de/10015056179
This paper employs a quantitative trade model to globally assess the implications of the EU carbon border adjustment mechanism (CBAM) on trade flows, welfare, real wages and CO2 emissions. We quantify the general equilibrium effects on EU members and non-members under various carbon tax prices,...
Persistent link: https://www.econbiz.de/10015127249