Karingi, Stephen and Oulmane, Nassim and Lang, Rémi and Sadni Jallab, Mustapha and Perez, Romain (2005): Assessment of the impact of the Economic Partnership Agreement between the ECOWAS countries and the European Union.
Download (489kB) | Preview
The present study consists of eight sections. After the introduction, we present in the first section, the profile of the ACP-EU cooperation agreements from Lomé to Cotonou. We also show how a certain “grey areas” in the WTO rules on regional agreements can enable African countries to benefit more from the EPAs by taking advantage of greater flexibility. The next section presents some graphical data on Africa’s trade flows in general and on trade flows of ECOWAS in particular. The third section deals with the analytical framework in general equilibrium. It contains a presentation of the Global Trade Analysis Project (GTAP) model used for assessing the impact of different partnership agreement options. In the fourth section, we focus on the characteristics of African economies, which are drawn from the GTAP database and which play a key role in the operative interactions in this kind of liberalization. The fifth section deals with the analytical framework in partial equilibrium which is complementary to the general-equilibrium modelling. The assessments of the economic impacts of the EPAs for Africa, using the general-equilibrium model, are analysed in the sixth section, while those particularly concerning the ECOWAS countries, using the partial-equilibrium framework, are presented in the penultimate section. Finally, the last section comprises concluding remarks.
|Item Type:||MPRA Paper|
|Original Title:||Assessment of the impact of the Economic Partnership Agreement between the ECOWAS countries and the European Union|
|English Title:||Assessment of the impact of the Economic Partnership Agreement between the ECOWAS countries and the European Union|
|Keywords:||EPA-European Union-Africa-Trade Policy|
|Subjects:||D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D50 - General
F - International Economics > F1 - Trade > F10 - General
O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General
|Depositing User:||Mustapha Sadni Jallab|
|Date Deposited:||10. Feb 2009 08:49|
|Last Modified:||12. Feb 2013 03:06|
Adams, P., M. Horridge, B. Parmenter, and X. Zhang, 1997, “Long-run Effects on China of APEC Trade Liberalisation”, Unpublished paper based on a report prepared for the East Asia Analytical Unit, Department of Foreign Affairs and Trade, Canberra, Australia.
Brockmeier, M., 2001, “A Graphical Exposition of the GTAP Model”, GTAP Technical Paper No. 8, Revised March 2001.
Dixon, P.B., B.R. Parmenter, J. Sutton, and D.P. Vincent, ORANI: A Multisectoral Model of the Australian Economy, North-Holland Publishing Company.
Hertel, T.W., 1997, Global Trade Analysis: Modelling and Applications, Cambridge University Press, New York and Cambridge.
Johansen, L., 1960, A Multi-Sectoral Study of Economic Growth, North-Holland Publishing Company, Amsterdam (2nd Edition 1974).
Kehoe, P.J. and T.J. Kehoe, 1994, “A Primer on Static Applied General Equilibrium Models”, Quarterly Review, Federal Reserve Bank of Minneapolis, Spring Issue, pp. 2-16.
Laird S. and A. Yeats, 1986, “Th e UNCTAD Trade Policy Simulation Model: A Note on the Methodology, Data and Uses”, UNCTAD Discussion Paper No. 19, Geneva.
Milner, C., O. Morrissey, and A. McKay, 2002, “Some Simple Analytics of the Trade and Welfare Effects of Economic Partnership Agreements: Th e Case of the EU-EAC”, mimeo, CREDIT, University of Nottingham.
Siriwardana, M., 2001, “Some Trade Liberalization Options for Sri Lanka”, East Asian Studies Review, Volume 25 Number 4, pp 453-477.