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GTAP Resource #6321

"Agricultural Trade Impacts of RCEP: an Integrated Partial Equilibrium and General Equilibrium Assessment"
by He, Xi, Anton Yang, Edward J. Balistreri and Wendong Zhang

Multilateral trade-policy evaluation and policymaking depends on our continuing efforts to better model economic impacts. Recent innovations link general-equilibrium (GE) and partial-equilibrium (PE) models to capture both economy-wide and product-specific impacts. In this paper we highlight tariff aggregation issues in the context of the Regional Comprehensive Economic Partnership (RCEP). We find that product-specific information on tariffs within the PE-GE structure is superior to either trade weighting or simple averaging techniques applied in pure GE studies.

Resource Details (Export Citation) GTAP Keywords
Category: 2021 Conference Paper
Status: Not published
By/In: Presented during the 24th Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2021
Created: He, X. (4/15/2021)
Updated: He, X. (6/23/2021)
Visits: 1,437
- Baseline development
- Calibration and parameter estimation
- Agricultural policies

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