Preferential vs. Full Trade Liberalisation: A Dynamic CGE Model with Heterogeneous Households for Jordan

Omar Feraboli

No 26, Proceedings of the German Development Economics Conference, Berlin 2011 from Verein für Socialpolitik, Research Committee Development Economics

Abstract: This paper deals with the economic effects and the policy implications of trade liberalisation on the Jordanian economy, with emphasis on welfare, income distribution and real wages of heterogeneous households, by using a neoclassical dynamic computable general equilibrium (CGE) model. Specifically the paper assesses the impacts of preferential trade liberalisation with the European Union (EU) and compare them with those brought about by broad and non-discriminatory trade liberalisation.

Keywords: Dynamic CGE Models; Heterogeneous households; Trade liberalisation; Jordan (search for similar items in EconPapers)
JEL-codes: C68 D31 F11 I32 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-cmp and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:gdec11:26

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