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GTAP Resource #5055 |
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"Measuring the economic impact of the WTO Trade Facilitation Agreement in East Africa region" by Kone, Youssouf Abstract This paper analyses the empirical relationship between selected WTO related trade facilitation measures, trade flows and economic development in the East African Community (EAC). It focuses on the trade in goods sector. First of all, we apply OCDE definition and set of indicators of trade facilitation to selected EAC countries (Burundi, Rwanda, Uganda, Kenya and Tanzania), then we estimate the impact of generated trade costs and flows on the entire economy using a Computable General Equilibrium (CGE) model. Several recent studies use CGE models to quantify the benefits of improved trade facilitation. In CGE models an improvement in trade facilitation can be modelled equivalent as a reduction in the costs of international trade or as an improvement in the productivity of the international transportation sector. Since this sector is already included in CGE model, the effect of improved trade facilitation will come from shocking the sector by an appropriate amount. The expected results are that enhanced port efficiency as well as improve customs reduce trade cost and have a large and positive effect on trade flows and GDP in East Africa. |
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- Dynamic modeling - Domestic policy analysis - Multilateral trade negotiations - Other data bases and data issues - Africa (East) |
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Public Access GTAP Resource 5055 (20.2 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions The completed draft paper will be uploaded in ten days. |
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Last Modified: 9/15/2023 1:05:45 PM