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GTAP Resource #3234

"A Global Assessment of the Trade Facilitation Effects: the Case of MIRAGE Model"
by Zaki, Chahir

Using a multi-regional and multi-sectoral model (MIRAGE), the fourth chapter attempts to model explicitly trade facilitation in a dynamic computable general equilibrium (CGE) model of the world economy. We use ad valorem equivalents (AVEs) of such barriers computed from a
gravity model and introduced in the CGE model. The novelty of those AVEs is that they take into account the effect of bureaucracy, Internet widespread, corruption and geographical barriers on time to trade. Our main findings show that, on the regional level, developing countries in Africa and Asia, especially the Middle East and North Africa gain much more from trade facilitation than developed ones. Moreover, they witness an important exports diversification thanks to such a process. On the sectoral level, food, textiles and electronics witness a more important expansion than other products.

Resource Details (Export Citation) GTAP Keywords
Category: 2010 Conference Paper
Status: Published
By/In: Presented at the 13th Annual Conference on Global Economic Analysis, Penang, Malaysia
Date: 2010
Created: Zaki, C. (4/9/2010)
Updated: Batta, G. (4/15/2010)
Visits: 2,429
- Dynamic modeling

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