Macroeconomic Dynamics of Egypt: An Integrated Approach to Trade and Exchange Rate Policy Reforms

Montague Lord

MPRA Paper from University Library of Munich, Germany

Abstract: The present study extends an earlier elasticities-absorption approach to the balance of payments to the analysis of the consequences of tariff reforms on the Egyptian macro-economy, particularly as it relates to fiscal revenue implications. From an analytical perspective, we use the Mundell-Fleming model to examine the effects of trade liberalization and exchange rate changes in an open macro-economy. The model is of an open economy in the familiar IS-LM framework that includes the determination of the trade and capital accounts of the balance of payments.

Keywords: Egypt; macro-modeling; macro-econometric model (search for similar items in EconPapers)
JEL-codes: C32 E17 F14 (search for similar items in EconPapers)
Date: 2000-09
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:50642

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