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Measurement is a key issue in the literature on price incentive bias induced by trade policy. We introduce a general equilibrium measure of the relative effective rate of protection, which generalizes earlier protection measures. For our fifteen sample countries, results indicate that the...
Persistent link: https://www.econbiz.de/10008675514
En este artículo se analizan las investigaciones sobre asuntos laborales en una zona norteamericana de libre comercio que incluiría Estados Unidos, México y Canadá. El tema principal es la posible evolución del empleo, los salarios y las instituciones laborales, en especial en Estados...
Persistent link: https://www.econbiz.de/10008679150
Actualmente tienen lugar pláticas oficiales entre los Estados Unidos y México acerca de la formación de una zona de libre comercio (ZLC) entre ambos países. La propuesta de una ZLC ha producido mucha especulación, así como algunos modelos económicos relativos al posible efecto en las...
Persistent link: https://www.econbiz.de/10008690414
A dynamic computable general equilibrium (CGE) model is used to explore alternative scenarios for 1990-2020 in areas critical for Egypt's economy productivity growth, investment, foreign trade, and water. The model is formulated as a mixed-complementarity problem, has a detailed treatment of...
Persistent link: https://www.econbiz.de/10008863967
In this article, we examine the economy-wide effects of three alternative growth paths for Indonesia's industrial sector using SAM (social accounting matrix) multiplier analysis and CGE (computable general equilibrium) modeling. The context of the analysis is the immediate post-crisis period —...
Persistent link: https://www.econbiz.de/10008863969
Empirical evidence and microeconomic theory suggest that, in many settings, farm household production and consumption decisions are "non-separable." Non-separability may have important policy implications, including lack of response or threshold effects when incentives change. This paper extends...
Persistent link: https://www.econbiz.de/10008863971
This paper presents an agriculture-focused computable general equilibrium model that can be used to analyze the economy-wide impacts of changes in technology, market structure, and the foreign exchange rate on resource allocation, production, and trade in Indonesia. The model includes a...
Persistent link: https://www.econbiz.de/10008863975
The paper examines the impact of industrial protection, agricultural export taxes, and overvaluation of the exchange rate on the balance between the agricultural and non-agricultural sectors. A variety of agricultural terms-of-trade indices are constructed to measure the policy bias against...
Persistent link: https://www.econbiz.de/10008863979
Does a restrictive foreign trade regime reduce the effectiveness of agricultural productivity growth in promoting overall income growth and equity? Based on counterfactual simulations using a multi-sector, computable general equilibrium (CGE) model of the Philippine economy, this paper...
Persistent link: https://www.econbiz.de/10008863980
We introduce a maximum entropy approach to parameter estimation for computable general equilibrium (CGE) models. The approach applies information theory to estimating a system of nonlinear simultaneous equations. It has a number of advantages. First, it imposes all general equilibrium...
Persistent link: https://www.econbiz.de/10008863981