The Effect Of Terms Of Trade Changes On Welfare In Iceland
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The Effect Of Terms Of Trade Changes On Welfare In Iceland
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Author : Maxime Dessy
language : en
Publisher: GRIN Verlag
Release Date : 2010-02-25
The Effect Of Terms Of Trade Changes On Welfare In Iceland written by Maxime Dessy and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-02-25 with Business & Economics categories.
Essay from the year 2008 in the subject Business economics - Trade and Distribution, grade: 18/20, Solvay Brussels School of Economics and Management, language: English, abstract: From 1971 to 2006, terms of trade changes had a negative and rather small effect on welfare in Iceland. For this covered period, the average yearly percentage growth of Iceland’s terms of trade was minus 0.21%. The time series diagram and the time trend line show this downward trend of Iceland’s terms of trade. The yearly average percentage change in GDP due to terms of trade was minus 0.05%. This effect is very small compared to the actual 24.34% average annual growth of Iceland's GDP (EconLit F110, F140, O470).
Methodology For Impact Assessment Of Free Trade Agreements
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Author : Michael G. Plummer
language : en
Publisher: Asian Development Bank
Release Date : 2011-02-01
Methodology For Impact Assessment Of Free Trade Agreements written by Michael G. Plummer and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02-01 with Political Science categories.
This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.
Introduction To Computable General Equilibrium Models
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Author : Mary E. Burfisher
language : en
Publisher: Cambridge University Press
Release Date : 2017-02
Introduction To Computable General Equilibrium Models written by Mary E. Burfisher and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02 with Business & Economics categories.
The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.
Commodity Terms Of Trade
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Author : Bertrand Gruss
language : en
Publisher: International Monetary Fund
Release Date : 2019-01-24
Commodity Terms Of Trade written by Bertrand Gruss and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-24 with Business & Economics categories.
This paper presents a comprehensive database of country-specific commodity price indices for 182 economies covering the period 1962-2018. For each country, the change in the international price of up to 45 individual commodities is weighted using commodity-level trade data. The database includes a commodity terms-of-trade index—which proxies the windfall gains and losses of income associated with changes in world prices—as well as additional country-specific series, including commodity export and import price indices. We provide indices that are constructed using, alternatively, fixed weights (based on average trade flows over several decades) and time-varying weights (which can account for time variation in the mix of commodities traded and the overall importance of commodities in economic activity). The paper also discusses the dynamics of commodity terms of trade across country groups and their influence on key macroeconomic aggregates.
Inflation In Open Economies
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Author : Michael Parkin
language : en
Publisher: Manchester University Press
Release Date : 1978
Inflation In Open Economies written by Michael Parkin and has been published by Manchester University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Currency question categories.
Measuring The Impact Of Distortions In Agricultural Trade In Partial And General Equilibrium
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Author : Mr.Stephen Tokarick
language : en
Publisher: International Monetary Fund
Release Date : 2003-05-01
Measuring The Impact Of Distortions In Agricultural Trade In Partial And General Equilibrium written by Mr.Stephen Tokarick and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-05-01 with Business & Economics categories.
This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies) in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger distortionary impact than subsidies. Removal of agricultural support would likely raise the international prices of food, resulting in an increase in the cost of food for many net-food- importing countries, although the increase is generally small. The results also show that most of the benefits from removing agricultural support accrue to the countries that liberalize.
The African Continental Free Trade Area Potential Economic Impact And Challenges
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Author : Mr.Lisandro Abrego
language : en
Publisher: International Monetary Fund
Release Date : 2020-05-13
The African Continental Free Trade Area Potential Economic Impact And Challenges written by Mr.Lisandro Abrego and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-13 with Business & Economics categories.
Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is expected to cover all 55 African countries, with a combined GDP of about US$2.2 trillion. This SDN takes stock of recent trade developments in Sub-Saharan Africa and assesses the potential benefits and costs of the AfCFTA, as well as challenges to its successful implementation. In addition to increased trade flows both in existing and new products, the AfCFTA has the potential to generate substantial economic benefits for African countries. These benefits include higher income arising from increased efficiency and productivity from improved resource allocation, higher cross-border investment flows, and technology transfers. Besides lowering import tariffs, to ensure these benefits, African countries will need reduce other trade barriers by making more efficient their customs procedures, reducing their wide infrastructure gaps, and improving their business climates. At the same time, policy measures should be taken to mitigate the differential impact of trade liberalization on certain groups as resources are reallocated in the economy and activities migrate to locations with comparatively lower costs.
Applied General Equilibrium
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Author : John Piggott
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Applied General Equilibrium written by John Piggott and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Over the last 20 years, applied general equilibrium (AGE) modelling has developed from a small academic research program into a routinely used policy assessment tool. Major governments and international agencies maintain AGE research groups, and call for their input to a variety of trade, tax, and other resource allocation issues. This book is a collection of papers representative of recent activity in this field. Contributions have been grouped into a methodological section, a trade section, and a section on energy issues, and this division accurately indicates the focus of the volume. Readers will thus have access to up to date techniques and results currently being used by researchers at the forefront of the research program.
The Political Economy Of Joining The European Union
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Author : Magnus Bjarnason
language : en
Publisher: Amsterdam University Press
Release Date : 2010
The Political Economy Of Joining The European Union written by Magnus Bjarnason and has been published by Amsterdam University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Political Science categories.
Iceland can consider its participation in the European Economic Area (EEA) as an associate membership of the European Union (EU). Under the EEA agreement, Iceland participates in the EU free movement of capital, persons, services and industrial goods, along with cooperation in social policy and related fields. However, Iceland does not participate in the EU Common Fisheries Policy (CFP), the EU Common Agricultural Policy (CAP), the European Economic and Monetary Union (EMU), or in the EU Customs Union. This dissertation studies the effects of full EU membership on Iceland's Political Economy. It gives an overview of the EU, EEA and the European Free Trade Association (EFTA), offering thorough analyses of the EMU, Agricultural Policy and Fisheries Policy. The dissertation also reviews the pros and cons of EU membership. A decision to join the EU is in the end a question of political choice and this dissertation is intended to make such a choice as informed as possible.
The Expected Benefits Of Trade Liberalization For World Income And Development
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Author : Antoine Bouët
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2008-01-01
The Expected Benefits Of Trade Liberalization For World Income And Development written by Antoine Bouët and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-01 with Political Science categories.
Development experts often promote trade liberalization as a path to economic development and poverty alleviation. This study examines the trade models used to support such claims. The author surveys the methodologies used to assess trade liberalization’s impact and examines the extent to which assessments of impact diverge. Through careful analysis of models and their results, the author provides a more nuanced assessment of the liberalization’s possible benefits