As the chances of a successful conclusion to the Doha Round of trade liberalization under the WTO become increasingly problematic, so the pace of negotiating local free trade agreements (FTAs) is increasing. According to the WTO report, countries in the Asia-Pacific region are “consolidating their drive towards regionalism at an accelerated pace”. After the trade agreements between China an...

Purpose This paper investigates the effects of total abolition all forms agricultural subsidies to producers and border tariffs on prices staple cereals. Design/methodology/approach The authors use GTAP global economy-wide model focus 27 countries 8 regions. database that is used contains information budgetary transfers market price support such as domestic support, tariffs, export subsidies, q...

Moving towards a greener economy requires detailed information on the environmental impacts of global value chains. Environmentally-extended multi-regional input-output (MRIO) analysis plays key role in providing this information, but current databases are limited their spatial (e.g. EXIOBASE3) or sectoral resolution Eora26 and GTAP) as well indicator coverage. Here, we present an automated, tr...

Restricting Russian imports is an important instrument in Allies' sanction toolbox. Rather than arbitrarily choosing the set of targeted imported products and level import tariff increases (as typically done literature), we follow recent contributions on ‘optimal sanction’ strategies. We apply a workhorse computable general equilibrium (CGE) model, GTAP, way that enables us to endogenise scope ...

â â â  â â â â  abstract â  as the chances of a successful conclusion to the doha round of trade liberalization under the wto become increasingly problematic, so the pace of negotiating local free trade agreements (ftas) is increasing. according to the wto report, countries in the asia-pacific region are “consolidating their drive towards regionalism at an accelerated pace”. after the trade...

Consequences of the WTO ruling on the Brazilian cotton case for commodities in the U.S. in addition to cotton are of concern. This paper uses the global GTAP model to provide a preliminary assessment of the consequences for U.S. rice if the ruling had applied in 2001. Two scenarios are estimated with a 36% and 100% elimination in the PSE on U.S. rice in 2001. The results show that if loan defic...

a r t i c l e i n f o The ASEAN–China free trade agreement went into effect January 1, 2010 and became the world's third largest FTA by trade volume after the European Economic Area and the North American Free Trade Agreement. This paper focuses on highlighting the impacts of the reduction of barriers to trade on investment in a dynamic general computable equilibrium framework. We present and c...

The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, this paper first compares the OECD and model-based estimates of the extent of the producer distortions (leaving aside consumer distortions), and show...

Introduction and goal Globalization is an important issue in the food industry, although most food is still locally produced and consumed. Many small and medium enterprises characterize the industry. Results of WTO negotiations intensify the international competition, in which the EU and USA are the largest players. Countries like Brazil, India and China are gaining market share. This raises th...