GTAP Resources: Resource Display
GTAP Resource #4308 |
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"A Euro-Mediterranean Deal in Agro-Food and Fisheries Trade: Long Run Impacts in Greece" by Philippidis, George and Elisavet Kitou Abstract We employ a heavily modified ‘agricultural’ variant of the GTAP model and a realistic baseline scenario to assess the impact on the Greek economy from a hypothetical ‘hub and spoke’ and a ‘FTA’ EUMED agro-food and fisheries trade agreement. Long run estimates show that Greek agro-food and fisheries sectors are not seriously affected, where surprisingly, trade diversionary losses to Greece from the FTA scenario are minor given minimal south-south trade links between Mediterranean Partner Countries (MPC). Further research shows that under complete CAP decoupling, notable additional welfare gains for MPC are realised, whilst Greece stands to lose approximately €300 million |
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- Agricultural policies - Domestic policy analysis - Africa (North) - Europe (Southern) |
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Last Modified: 9/15/2023 1:05:45 PM