Goods Trade Liberalization Under Canada-India FTA and Its Impact: Partial and General Equilibrium Analysis

2017 ◽  
pp. 269-303
Author(s):  
Somesh K. Mathur ◽  
Rahul Arora ◽  
Mayank Tripathi
Keyword(s):  
General Equilibrium ◽  
Trade Liberalization ◽  
Equilibrium Analysis ◽  
General Equilibrium Analysis

Trade reform and environmental externalities in general equilibrium: analysis for an archetype poor tropical country

2000 ◽  
Vol 5 (4) ◽  
pp. 377-404 ◽  
Author(s):  
RAMÓN LÓPEZ
Keyword(s):  
General Equilibrium ◽  
Trade Liberalization ◽  
Agricultural Productivity ◽  
Equilibrium Analysis ◽  
Tropical Country ◽  
Trade Reform ◽  
General Equilibrium Analysis ◽  
Export Taxes ◽  
Biomass Resources ◽  
The Impact

This paper provides a conceptual and empirical general equilibrium framework for the analysis of the impact of trade reform on welfare and the environment. The analysis is applied to Côte d'Ivoire explicitly considering externalities affecting biomass (natural vegetation), which is shown to be an important factor determining agricultural productivity.The simulation general equilibrium analysis shows that the agricultural output composition effect dominates the agricultural expansion effect for the case of complete trade liberalization. Thus, in this case trade liberalization causes a significant improvement in the rural biomass stock by cutting land area cultivated, increases agricultural productivity, and induces dramatic welfare gains. That is, trade liberalization is a win–win type of policy in this case. However, partial trade liberalization that only reduces protection to non-agricultural goods (and does not reduce tariffs to agricultural import substitutes and does not reduce export taxes) causes a further deterioration of the biomass resources and reduces welfare.

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