Economic Impact of Potential Outcome of the DDA

Decreux, Yvan; Fontagné, Lionel

doi:10.2139/ssrn.2004831

Cited by 33 publications

(25 citation statements)

References 6 publications

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“…The third sensitivity analysis (S3) includes trade facilitation. This is taken into account by considering that the time which is necessary to accomplish import procedures, such as customs procedure and time for processing goods at the port (Decreux and Fontagné, 2009). Finally, the last set of results (S4) considers a greater reduction (30% instead of 10%) in the protection of specific services, namely telecom, financial and business services.…”

Section: Sensitivity Analysismentioning

confidence: 99%

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Some New Insights into the Effects of the EU-South Korea Free Trade Area: The Role of Non Tariff Barriers

Decreux¹,

Milner²,

Péridy³

2010

JEI

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The present study proposes an updated and extended quantitative assessment of the EU-South Korea FTA, through a new version of MIRAGE CGE model. Several distinctive contributions are offered. Firstly, the quantitative assessment takes into account non-tariff barriers (NTBs) as well as tariffs. Second, it considers trade liberalization of goods, services as well as FDI (establishment). A third contribution is that simulations of policy changes are closely aligned with the actual agreement for each industry and service category. Finally, this article relies on recent techniques for calculating the tariff equivalents of NTBs following Kee et al. (2009). The main findings show that the EU may increase trade performance in several industries (chemicals, machinery, other manufactured and food products) as well as in specific services to a lesser extent (business, insurance and transport services ). On the other hand, Korea takes advantage of the agreement

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Section: Sensitivity Analysismentioning

confidence: 99%

“…It is taken into account by considering that the time which is necessary to accomplish import is reduced (Decreux and Fontagné, 2009). …”

mentioning

confidence: 99%

Some New Insights into the Effects of the EU-South Korea Free Trade Area: The Role of Non Tariff Barriers

Decreux¹,

Milner²,

Péridy³

2010

JEI

Self Cite

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“…However, Walmsley and Minor [11] have recently argued that the iceberg approach tends to overestimate the impacts of TF, and instead propose the "willingness to pay" method, which has not yet been empirically tested by other CGE modelers. Conversely in the MIRAGE model, TF is incorporated in the price and transport equations [12] [13].…”

Section: Estimation Of Trade Transaction Costs and Implementation In mentioning

confidence: 99%

Trade Facilitation—Measurement Difficulties in the Computable General Equilibrium Model: A Review

Perera¹,

Siriwardana²,

Mounter³

2017

TEL

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This paper reviews research on quantitative assessments of the economic impacts of Trade Facilitation (TF), based on Computable General Equilibrium (CGE) models, in the context of techniques adopted to estimate Trade Transaction Costs (TTCs). Insufficient TF poses a barrier to trade and is a major concern of the second generation trade policy agenda. Thus, recent CGE applications such as GTAP are generally associated with estimations of the benefits of eliminating TTCs by TF improvements, in that impacts of these trade barriers surpass those of tariff barriers, particularly in developing countries. However, accessing data relating to TTCs are limited, as no standard database has yet been developed. Thus, outcomes of existing CGE models vary in terms of the approach selected for TTC estimations. This paper outlines the methodological approaches adopted in recent research for estimating TTCs to incorporate into TF-related CGE models. Our literature survey revealed that two methods have been employed incorporating TTCs into CGE models and both approaches produced variances in estimating shortfalls. This review identifies the importance of developing a standard up to date trade costs database, including investment spending of TF implementations, which can be incorporated into GTAP aggregation to model TF variables, since cost benefit assessment is integral to determining the net global benefits of TF. Future TF related research should prioritise this process, since this is crucial for assessing the accurate economic impacts of eliminating TTC especially in developing countries.

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“…While African imports from developed countries will decrease by $6.2 billion or 1.7%. In other words, the share of intra-African trade would be enhanced by 5.2% over a 12-year period, rising from 10.3% in 2010 to 15 Agricultural exports would be significantly stimulated following the removal of relatively high initial TBs, and unskilled workers employed in agriculture would see their purchasing power enhanced (Decreux and Fontagne, 2009). Real wages for all categories of African workers would also be positively affected by the formation of large free trade areas.…”

Section: The Prospects Of Proposed Continental Free Trade Area (Cmentioning

confidence: 99%

Deconstructing Neo-Functionalism In The Quest For a Paradigm Shift In african Integration: Post-Neo-Functionalism and The Prognostication of The Proposed Continental Free Trade area In africa

Okafor¹,

Aniche²

2017

IOSR JHSS

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Abstract:-Historically, integration in Africa preceded European colonialism and as well predated European integration. But in the scramble for Africa, the continent was partitioned into specific spheres of influence in the Berlin Conference (1884-1885) among the various European powers. This partitioning has continued to haunt Africa many years after colonialism, reinforcing the fragmentation of African economies. The shadow of the Conference is still with us such that after over a century of pan-Africanism and five decades of modern integration in Africa, African economies remain decimated. Yet all the hitherto existing theories of integration such as functionalism, neo-functionalism, complex interdependence, intergovermentalism, etc. are Euro-centric, western, parochial, or tailor-made for European integration, and therefore, not apt to explain the defects, failures and drawbacks of African integration. Thus, there is need to deconstruct them in the quest for paradigm shift in African integration. With the use of qualitative method and some indices from the secondary sources, and by relying on a new theory of post-neo-functionalism, a synthesis of neo-nationalism, post-nationalism and humanism, this paper concludes that the proposed Continental Free Trade Area (CFTA) would be confronted with some challenges capable of overcoming, impeding or confounding its prospects, or even pre-empting it. The study is essentially critical and prognostic.

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Economic Impact of Potential Outcome of the DDA

Cited by 33 publications

References 6 publications

Some New Insights into the Effects of the EU-South Korea Free Trade Area: The Role of Non Tariff Barriers

Some New Insights into the Effects of the EU-South Korea Free Trade Area: The Role of Non Tariff Barriers

Trade Facilitation—Measurement Difficulties in the Computable General Equilibrium Model: A Review

Deconstructing Neo-Functionalism In The Quest For a Paradigm Shift In african Integration: Post-Neo-Functionalism and The Prognostication of The Proposed Continental Free Trade area In africa

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