Trade Policies and Integration - Evaluations with CGE Models

Risto Vaittinen

No 109, Research Reports from VATT Institute for Economic Research

Abstract: This monograph studies trade and integration at three levels: national, regional and global. The impacts of trade and integration have been evaluated in three different cases: Finland's accession into the EU, global trade liberalisation set off by the WTO negotiations and the EU's enlargement with the new members from the former socialist Central European countries. Computable general equilibrium (CGE) modelling is used to evaluate the likely outcomes of the policy changes related to these occurrences. Finnish accession into the EU is evaluated by a single region comparative-static CGE model of the Finnish economy. Multilateral trade liberalisation within the WTO negotiations is evaluated using GTAP model developed at University of Purdue in Global Trade Analysis Project. The eastern enlargement of the EU is studied with a recursive dynamic version of the GTAP model.

Keywords: Agricultural Policy, CGE modelling, EU's eastern enlargement, Integration, Trade Policy, WTO, International comparisons, Kansainväliset vertailut, Labor market and policies promoting economic growth, Työmarkkinat ja kasvua tukeva politiikka, C680 - Computable General Equilibrium Models, F020 - International Economic Order; Noneconomic International Organizations; Economic Integration and Globalization: General, F150 - Economic Integration, Q170 - Agriculture in International Trade, (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (12)

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