The effects of free trade areas on non-members: Modelling Kemp–Vanek admissibility

Waschik, Robert

doi:10.1016/j.jpolmod.2009.05.001

Cited by 3 publications

(1 citation statement)

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“…More specifically, in CGE models it is a non-trivial task to isolate 'pure' trade creation and diversion impacts from further trade volume effects attributed to income and relative price changes arising from inter-sectoral resource reallocations (general equilibrium effects) (Waschik 2005). Fortunately, Waschik (2009) andHertel et al (2007) propose remedial measures for estimating said effects within a CGE model. In this paper, we follow the latter approach.…”

Section: Introductionmentioning

confidence: 99%

Quantifying opportunities and threats: examining the Canada–EU trade negotiations

Philippidis

Kitou²

2012

Journal of Economic Policy Reform

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This study examines the impacts of a Canadian-EU preferential trade agreement. A carefully designed contemporary baseline scenario and additional HS6 tariff offer data are incorporated to establish the degree of ambition of the negotiations whilst assessing the sectoral trade opportunities and threats facing both partners. Initial tariff offer real income gains are estimated at 76% of full liberalisation in both regions, rising to 91% (Canada) and 84% (EU) under the second tariff offer. Given higher levels of applied tariff protection, potentially significant impacts are measured in dairy, meat and wheat sectors. Trade diversion losses on third countries are negligible.

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Section: Introductionmentioning

confidence: 99%