GTAP Resources: Resource Display
GTAP Resource #3374 |
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"Agricultural Trade Reform, Growth and Welfare in West Africa: A CGE Model Based Analysis" by Kone, Youssouf Abstract With a per capita GDP of US $ 574 in 2004, Cote d’Ivoire is one of the major countries in the West Africa region. However, poverty remains widespread, with more than 48 % of the population living below the poverty line. The economy of the country is based on agriculture which is the most important provider of livelihood for most Ivorian poor. After seven years of economic slowdown thanks to an armed conflict, the country is now engaged in a peace negotiation process and the economic recovery. In addition to sound domestic macroeconomic and structural reforms, the country is currently engage in negotiations with the others West African States for the establishment of a Regional Integration Area including the liberalization of trade in agriculture and calling for a Common Agricultural Policy (CAP). This study uses the standard GTAP model model to examine the growth, income and welfare effects of the ECOWAS’s agricultural trade reform in the west african region. The model is solved using the GTAP african Data Base and the main findings suggest that the agricultural trade reform results in improved market access, substantial economic growth and a substantial welfare improvement. Key words: Regional Integration, Agricultural trade, Growth, Poverty, CGE Model, ECOWAS. |
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- Domestic policy analysis - Agricultural policies - Economic growth - Calibration and parameter estimation - The GTAP Data Base and extensions - Africa (West) |
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Last Modified: 9/15/2023 2:05:45 PM