Macroeconomic Dynamics of Egypt: An Integrated Approach to Trade and Exchange Rate Policy Reforms

Lord, Montague (2000): Macroeconomic Dynamics of Egypt: An Integrated Approach to Trade and Exchange Rate Policy Reforms.

Abstract

The present study extends an earlier elasticities-absorption approach to the balance of payments to the analysis of the consequences of tariff reforms on the Egyptian macro-economy, particularly as it relates to fiscal revenue implications. From an analytical perspective, we use the Mundell-Fleming model to examine the effects of trade liberalization and exchange rate changes in an open macro-economy. The model is of an open economy in the familiar IS-LM framework that includes the determination of the trade and capital accounts of the balance of payments.

• Item Type: MPRA Paper
• Language: English
• Keywords: Egypt, macro-modeling, macro-econometric model
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C32 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes ; State Space Models; E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E17 - Forecasting and Simulation: Models and Applications; F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade

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