Import Tariffs and Informal Labour Market: A Computable General Equilibrium (CGE) Analysis for Turkey

Akbulut, Hale; Eğen, Hüseyin T.

doi:10.15353/rea.v13i2.4046

Cited by 3 publications

(2 citation statements)

References 17 publications

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“…It can identify the different economic interactions in a given area and the mainshock transmission chains. The methodology presented here has already been used to assess the economic effects of trade policies (Akbulut & Eğen, 2021; Bakouan et al, 2022; Fouda Ekobena et al, 2021; Hamid & Aslam, 2017; Kano et al, 2020; Mold & Mukwaya, 2016; Yapaudjian-Thibaut et al, 2003). These authors believe that the CGE model is appropriate for simulating the impact of trade policies.…”

Section: Model Data and Simulations Overviewmentioning

confidence: 99%

How Can Tariff Elimination and Trade Facilitation Affect East African Economies?

Bakouan¹,

Diarra

Ouédraogo

2023

Foreign Trade Review

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The article assesses the potential economic implications of tariff elimination and trade facilitation (TF) in the context of the African Continental Free Trade Area (AfCFTA) agreement for East Africa. Using the most recent GTAP database and computable general equilibrium model, the article provides additional evidence on the socio-economic benefits of the ongoing trade integration process. The results show that the elimination of tariffs would improve economic dynamism in most sectors of activity and household consumption. However, the elimination of tariffs alone would not be sufficient to achieve a significant level of trade integration. From a policy perspective, although a gradual implementation of tariff elimination is more beneficial for the zone, the results highlight the relevance of combining tariff elimination with complementary TF reforms. These reforms amplify the socio-economic gain from the AfCFTA. JEL Codes: F13, F14, F15, E23, C68

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Section: Model Data and Simulations Overviewmentioning

confidence: 99%

How Can Tariff Elimination and Trade Facilitation Affect East African Economies?

Bakouan¹,

Diarra

Ouédraogo

2023

Foreign Trade Review

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“…(Carbone et al, 2020; Farajzadeh & Bakhshoodeh, 2015; Jiang et al, 2020; Kim et al, 2004; Lisenkova et al, 2013; Mostert & Van Heerden, 2015; Niamir et al, 2020; O’Ryan et al, 2020; Rokicki et al, 2020; Xiang & Kuang, 2020). They focus more on market variables and help in a more informed judgement about the potential implications of future policies and trends (Akbulut & Eğen, 2020; Dellink et al, 2020; Itakura, 2020; McKibbin & Fernando, 2020; Strutt et al, 2015; Strutt & Walmsley, 2011).…”

Section: Modelling Framework and Simulation Settingmentioning

confidence: 99%

Isolating China: Deglobalisation and its Impact on Global Value Chains

Narayanan

Chakravarthy

Tewary

2021

Foreign Trade Review

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As global value chains (GVCs) account for 80% of global trade, the revival of protectionism, amidst the looming trade tensions between United States and other trading partners, particularly China will dampen the international input–output relations. By using a multi-regional and multi-sectoral dynamic computable general equilibrium model, this study analyses China driven GVCs. The study explores the impact of tariff change on China and its major trading partners on economic variables like consumption, investment, government expenditure, exports and imports and sectors like electronic goods, coal, crude oil and machine equipment for the five-year period, that is, 2021–2025. GTAP 10 database has been used. The findings of the study suggest that although China’s dominance may diminish, yet it would continue to be one of the prominent players in GVC. Further, based on the results, the global economy can look forward to fragmented and locally oriented supply chains. At the sectoral level, the shorter supply chains would lead a further disjoint global trade system with a wider range of suppliers for similar products and hence increased regionalisation of production. JEL Codes: F10, F17, F60, F16, D58

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Foreign or Domestic Public Debt for Cameroon’s Development? An Externality Approach

Nguepi,

Ngouhouo,

Bilan

2024

Sustainability

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Public debt plays a major role in financing projects that support economic growth and sustainable development. As governments may choose between domestic and external borrowing, a comprehensive assessment of their effects would support this choice. Our study provides an integrative view of economic and social outcomes and compares, through externalities, the impacts of external and domestic public debt as methods of financing development, with a focus on the Cameroonian economy. Utilizing a dynamic computable general equilibrium (CGE) model and a microsimulation analysis, we find that domestic debt has more advantages for Cameroon compared to external debt, as it increases the large-scale economic impact by improving household welfare, boosting GDP growth, and progressively reducing poverty and inequality. It is therefore recommended that the Cameroonian government focus on increasing the use of domestic debt as a method of financing development by implementing policies that support domestic saving and promote the development of domestic debt markets.

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Import Tariffs and Informal Labour Market: A Computable General Equilibrium (CGE) Analysis for Turkey

Cited by 3 publications

References 17 publications

How Can Tariff Elimination and Trade Facilitation Affect East African Economies?

How Can Tariff Elimination and Trade Facilitation Affect East African Economies?

Isolating China: Deglobalisation and its Impact on Global Value Chains

Foreign or Domestic Public Debt for Cameroon’s Development? An Externality Approach

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