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Economic implications of the doha round (2006).
| Content Provider | CiteSeerX |
|---|---|
| Author | Kinnman, S. Lodefalk, M. |
| Abstract | In this study the key elements of the WTO Doha round are simulated and the main im-plications for international trade and national income are analysed. Based on negotiation positions at the recent Hong Kong ministerial conference, a number of Doha scenarios are carefully designed and implemented. All scenarios encompass goods, services and agricultural liberalisation as well as trade facilitation. For goods liberalisation, a so-called Swiss formula with two coefficients is used to cut bound tariff rates. Agricultural tariffs are cut according to a tiered linear formula with four bands. Considerable atten-tion has been given to the modelling of trade facilitation. Indirect as well as direct trade transaction costs are modelled, using detailed cross-country data. For simulation of the services liberalisation we use quantitative estimates of the indirect trade barriers for each region and sector. The simulation results show that all regions in the aggregation gain in the simulated Doha scenarios, with a particularly strong result for developing countries. In this re-spect, the Doha round can be called a development round. A conservative estimate is that global income increases with 0.2-0.7 percent of initial GDP per year, depending on |
| File Format | |
| Publisher Date | 2006-01-01 |
| Access Restriction | Open |
| Subject Keyword | Doha Round Economic Implication Trade Facilitation Main Im-plications Conservative Estimate Global Income Increase Simulated Doha Scenario Recent Hong Kong Ministerial Conference Negotiation Position Direct Trade Transaction Cost Detailed Cross-country Data Strong Result Tariff Rate Key Element Wto Doha Round Initial Gdp Considerable Atten-tion National Income Tiered Linear Formula So-called Swiss Formula Aggregation Gain Quantitative Estimate Indirect Trade Barrier Simulation Result Agricultural Tariff Good Liberalisation Development Round Service Liberalisation International Trade Agricultural Liberalisation Doha Scenario |
| Content Type | Text |
