GTAP Resources: Resource Display
GTAP Resource #3980 |
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"Potential short-run and long-run impact of sector specific free trade agreements: The case of U.S.’s African Growth and Opportunity Act (AGOA)" by Kaliba, Aloyce Abstract For this study, exogenous improvement in a household’s consumption and income are taken as an important source of welfare gain. The major results indicate that the welfare impact of AGOA on Tanzania is not well defined. Whereas AGOA creates incentives for exporters, rural households lose due to a decrease in production and increase in price of food crops such as sorghum, millet, and cassava. For all four experiments, a fall in producers’ prices is accompanied with a fall in wages, capital return, and land rent. However, in the long-run and due to lower marketing margins, AGOA has the potential of developing internal markets for domestically processed goods and increasing export of traditional cash crops. |
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- Economic analysis of poverty - Calibration and parameter estimation - Africa (East) |
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Public Access GTAP Resource 3980 (1.1 MB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM