Economic Partnership Agreements: Assessing Potential Implications from Some Alternative Scenarios

Raihan, Selim and Razzaque, Mohammad A and Laurent, Edwin (2007): Economic Partnership Agreements: Assessing Potential Implications from Some Alternative Scenarios. Published in: Bilateralism and Development Emerging Trade Patterns No. Book Chapter. Published by Cameron May Ltd, London (2008)

Abstract

This paper has evaluated the possible effects of the Economic Partnership Agreement using a global general equilibrium modelling framework, namely the GTAP model. The latest version of the GTAP database (version 6.22) has been employed as a benchmark database. The study has explored the implications of different EPA scenarios (in terms of changes in GDP, exports, and other measures for welfare) for ACP countries (both developing and LDCs), based on the sample of countries in the database.

• Item Type: MPRA Paper
• Language: English
• Keywords: EPA; Africa; GTAP; ACP countries
• Subjects: F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations; C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C68 - Computable General Equilibrium Models; F - International Economics > F1 - Trade > F17 - Trade Forecasting and Simulation; F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade

References

Busse, M., A. Borrmann, and H. GroBmann (2004). “The Impact of ACP/EU Economic Partnership Agreements on ECOWAS Countries: An Empirical Analysis of the Trade and Budget Effects”, Final Report, Hamburg Institute of International Economics,Hamburg, Germany.

COMESA (2002). “Trade Policy Compatibility and Impact Assessment of Economic Partnership Agreements and Preliminary Adjustment Scenarios”, Discussion Paper, COMESA Secretariat, Lusaka, Zambia.

Dimaranan B. and McDougall, R. (2002), “Global Trade, Assistance, and Production: The GTAP 5 Data Base”. Center for Global Trade Analysis, Purdue University, West Lafayette, Indiana.

EUROSTEP (2004). “New ACP-EU Trade Arrangements: New Barriers to Eradicating Poverty?” EUROSTEP, Brussels, Belgium.

Hertel T. W. (1997), Global trade analysis. Modeling and Applications, Cambridge University Press.

UNECA (2005). “Economic and Welfare Impacts of the EU-Africa Economic Partnership Agreements”, Economic Commission for Africa, TRID Team.

Meyn, M. (2004). “Are Economic Partnership Agreements likely to Promote or Constrain Regional Integration in Southern Africa? Options, Limits and Challenges Botswana, Mauritius, and Mozambique are Facing.” NEPRU Working Paper No. 96, The Namibian Economic Policy Research Unit, Windhoek, Namibia.

Milner, C. (2005). “An Assessment of The Overall Implementation And Adjustment Costs For The ACP Countries Of Economic Partnership Agreements With The EU.” Report to The Commonwealth Secretariat.

Tekere, M. and D. Ndlela (2003). “Impact Assessment of Economic Partnership Agreements on Southern African Development Community and Preliminary Adjustment Scenarios”, Final Report, Trade and Development Studies Centre, Harare, Zimbabwe.