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Jordan and the European Union (EU). Particular emphasis is placed on the effects on consumer welfare. The EU-Jordan AA was … Jordan from the EU. Custom duties on agricultural goods and processed agricultural products are gradually and only partially … calibrated. Simulation results show that the implementation of the AA raises consumer welfare in Jordan and has positive effects …
Persistent link: https://www.econbiz.de/10014609151
This paper analyses trade liberalisation policies and the impact of economic openness on agricultural development in a small, open economy. The paper reports on the effect of these policies on the following economic variables: 1) agricultural production; 2) income from agriculture; 3) domestic...
Persistent link: https://www.econbiz.de/10010669639
openness on economic growth? Taking Jordan as the case study, the main results of this paper are: 1) introducing reliable …
Persistent link: https://www.econbiz.de/10010760029
This paper aims at assessing the effects on the Jordanian economy of the Association Agreement (AA) between Jordan and … the European Union (EU). Particular emphasis is placed on the effects on consumer welfare. The EU-Jordan AA was signed in … 1997 and entered into force in May 2002. It eliminates progressively tariffs on most industrial goods imported by Jordan …
Persistent link: https://www.econbiz.de/10005790551
This paper reviews some puzzling economic aspects of globalisation and argues that they cannot be satisfactorily addressed in perfectly or monopolistically competitive models. Drawing on recent work, a model of oligopoly in general equilibrium is sketched. The model ensures theoretical...
Persistent link: https://www.econbiz.de/10010293764
This paper presents a general result for simultaneous reform of tariffs and quotas in a small open economy, where some of the quota rents do not accrue to domestic residents. Absent highly perverse income effects, welfare must rise following a uniform proportionate reduction in tariffs and a...
Persistent link: https://www.econbiz.de/10010293842
The issue of the impact of trade on specialisation structures and the effects of trade liberalisation on employment and labour markets has been intensively discussed in the recent literature on trade liberalisation and globalisation. In Europe this debate has gained new momentum in the...
Persistent link: https://www.econbiz.de/10010294509
Croatia recently signed several trade liberalisation agreements. The cornerstones of its trade policy are WTO membership, the Stabilisation and Association Agreement with the EU and Croatia's application of membership as well as bilateral free trade agreements within the Stability Pact for South...
Persistent link: https://www.econbiz.de/10010299434
Applied general and partial equilibrium models are widely used tools for ex ante analysis of trade policy changes. However, simulation results seem to exhibit significant variation across publications, and the often criticised ‘black box’ character of applied trade models makes meaningful...
Persistent link: https://www.econbiz.de/10010300178
In the past few decades China has put substantial efforts into liberalising its trade and economy that accelerated after its accession to the World Trade Organisation (WTO) in December 2001. In this period China has significantly reduced its tariffs on manufacturing imports. However, the...
Persistent link: https://www.econbiz.de/10011985489