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The purpose of this paper is to assess the economic impact of tariff eliminations under free trade agreement (FTA) of Pakistan and China on various macroeconomic and trade variables. The objective is to scrutinize the pre and post effect of Pakistan and China FTA on macroeconomic factors like...
Persistent link: https://www.econbiz.de/10011938551
In this study we use Taiwan as a case study to provide an economy-wide analysis of impacts on Taiwan of WTO tariff reduction schemes with different combinations of thresholds and reduction rates. The model we utilized in this study is Taiwan General Equilibrium Model with a WTO module...
Persistent link: https://www.econbiz.de/10009442492
The outbreak of foot-and-mouth disease (FMD) in 1997 has resulted in significant losses to Taiwan's hog industry which was the most important industry in Taiwan's agricultural sector at that time. Hog farmers have suffered great losses due to the cost of slaughtering infected hogs and reduced...
Persistent link: https://www.econbiz.de/10009442892
Low international wheat prices, caused by tariffs and subsidies in developed countries, have been blamed for causing financial difficulty to South African farmers. While indignation at unfair trade practices may be valid, it does not necessarily follow that protection of the local industry is...
Persistent link: https://www.econbiz.de/10009443302
Agricultural sectors play a key role in the economics of climate change. Land as an input to agricultural production is one of the most important links between economy and the biosphere, representing a direct projection of human action on the natural environment. Agricultural management...
Persistent link: https://www.econbiz.de/10010279416
Cover title. "June 1997"--Cover. Includes bibliographical references (p. 46-48).
Persistent link: https://www.econbiz.de/10009483606
Criticism against large-scale macroeconometric models built in the tradition of the Cowles Commission approach began to mount in the late 1960s. These misgivings were subsequently reflected in the Lucas critique, Sims critique and disenchantment with the model's Keynesian foundations. In...
Persistent link: https://www.econbiz.de/10011429678
This paper uses a CGE mircosimulation approach to analyze the effects of tariff reduction on poverty and income inequality. The approach relaxes the representative household assumption in the traditional CGE modeling by replacing household groups with individual households. As such the approach...
Persistent link: https://www.econbiz.de/10011429703
Tariff reform, particularly tariff reduction, is one of the major economic reforms implemented in the last one and half decades in the Philippines. The paper attempts to analyze the effects of the tariff reduction from 1994 to 2000 on household income and welfare using a computable general...
Persistent link: https://www.econbiz.de/10011429705
The paper analyzes the possible effects of tariff reduction in the 1990s on unemployment, household income and household welfare using a computable general equilibrium model calibrated to the 1994 social accounting matrix. The series of simulation experiments indicate that tariff reduction is...
Persistent link: https://www.econbiz.de/10011429708