The India Model of Production, Trade and Employment

Rajesh Chadha (), Sanjib Pohit (), Alan Deardorff and Robert Stern

No 64, NCAER Working Papers from National Council of Applied Economic Research

Abstract: The basic objective of this study is to evaluate the comparative static effects of selected trade and domestic policy reforms on trade, output, domestic prices, economic welfare and intersectoral allocation of resources. The major reforms analysed in this study relate to reduction in tariff and non-tariff barriers to trade along with rationalisation of the tax-regime. A computable general equilibrium (CGE) model of the Indian economy has been constructed for the purpose of analysis. The present working paper documents the India CGE model of production, trade and employment and is capable of evaluating the comparative static effects of selected trade and domestic policy reforms on output, trade, factor prices, economic welfare and intersectoral allocation of resources. It is a single country (versus rest-of-world) multi sectoral model. The major source of inspiration has been the multi-country structure used in the Michigan Brown-Deardorff-Stern (BDS) CGE model of world production and trade.

Keywords: Economic Policy; Economic Welfare (search for similar items in EconPapers)
Pages: 60 pages
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.ncaer.org/publication/the-india-model- ... trade-and-employment First version, 1997 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nca:ncaerw:64

Access Statistics for this paper

More papers in NCAER Working Papers from National Council of Applied Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by B Ramesh ().