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Vietnam's Accession to the WTO: Expost Evaluation in a Dynamic Perspective

Houssein Boumellassa and Hugo Valin
Authors registered in the RePEc Author Service: Houssein Guimbard ()

Economie Internationale, 2009, issue 118, 13-42

Abstract: This paper aims to reassess the impact of Vietnam's accession to the WTO using a quantitative computable genera equilibrium (CGE) approach. First, a recursive dynamic approach helps to better handle the effects of the commitments in the context of a rapid economic growth. Second, thanks to the ex posf perspective, tariff line commitments are implemented at the 6-digits level of Harmonised System (HS6| using the official final schedule. Last, the WTO option is evaluated in a more realistic context where regional agreements involving Vietnam are represented. We show that WTO commitments signed in late 2006 by Vietnam for trade in merchandise should be positive for this economy, mainly through the benefits of the end of textile quotas from the United States. Welfare gains should represent around 1 percent of gross domestic product by 2015.

Keywords: Computable General Equilibrium Model; trade policy; World Trade Organization; Vietnam (search for similar items in EconPapers)
JEL-codes: D58 F13 F15 (search for similar items in EconPapers)
Date: 2009
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