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Purpose – The purpose of this paper is to assess the degree of tariff escalation in Taiwan's agriculture-related commodities and the economy-wide impact of tariff harmonization. Design/methodology/approach – A computable general equilibrium model of the Taiwan economy is applied to simulate...
Persistent link: https://www.econbiz.de/10010742481
International prices of most staple food commodities in 2008 reached a remarkable level that had not been seen since late 1970’s. Food commodity prices are projected to remain on higher levels over the next decade, supported by firm demand, unfavorable weather conditions, slowing growth in...
Persistent link: https://www.econbiz.de/10011068720
This paper projects global food supply and demand to the year 2025, with a particular emphasis on Asia. Technological change is found to be the critical factor in determining whether or not food prices will preserve their long-run, downward trend, as well as the likely patterns of trade and...
Persistent link: https://www.econbiz.de/10010507204
This thesis builds on the GTAP-Dyn (Ianchovichina and McDougall, 2001) dynamic general equilibrium (GE) model of the global economy. It presents model modifications and estimates of key economic relationships in order to improve the quality of the long run projections with the GTAP-Dyn model for...
Persistent link: https://www.econbiz.de/10009430516
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In this study we investigate whether changes in antitrust penalties issued by the Department of Justice have led to improved effectiveness of antitrust actions with respect to price-fixing over 1981-2001. We use effectiveness of antitrust enforcement documented by Bosch and Eckard (1991) and...
Persistent link: https://www.econbiz.de/10012723596
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The goal of this work is to investigate the role of global integration in determining long-run patterns of land-use change. We utilize a dynamic general equilibrium model that has been modified to incorporate the most important economic features driving global land demand and supply, and...
Persistent link: https://www.econbiz.de/10009415609