المؤلفون: Holzner Mario, Ivanić Valentina

المصدر: Panoeconomicus, Vol 59, Iss 3, Pp 355-367 (2012)

مصطلحات موضوعية: cost of protection, partial equilibrium model, trade policy modelling, Serbia, Economic theory. Demography, HB1-3840

الوصف: In this article, the global simulation model (GSIM) of Joseph F. Francois and Keith H. Hall (2009) for analyzing global, regional, and unilateral trade policy changes was applied to Serbia. This was to measure the effects of full trade liberalization with the EU after Serbian accession to the EU. As anticipated, most of the changes in welfare after full liberalization of trade between Serbia and EU can be expected in sectors where Serbia has specialized; protection against imports from the EU is strong. However, losses could also occur in sectors that currently face strong protection against the rest of the world and this protection is lost after EU accession. Trade liberalization will lead to a substantial loss of tariff revenues. Reduced consumer prices might, on the one hand increase consumer surplus but on the other hand decrease producer surplus and output in certain industries.

وصف الملف: electronic resource

العلاقة: https://doaj.org/toc/1452-595XTest

الوصول الحر: https://doaj.org/article/8c7bf2682f804f27908eb555dc69f80aTest

المؤلفون: Abdullah Emre Akel, Aylin Ege

المصدر: Panoeconomicus, Vol 66, Iss 4, Pp 507-523 (2019)

مصطلحات موضوعية: lcsh:HB1-3840, Agricultural science, Partial equilibrium, motor vehicles and parts sector, lcsh:Economic theory. Demography, Economics, turkey, gsim, Free trade agreement, General Economics, Econometrics and Finance, t-tip

الوصف: The aim of this article is to quantify the possible effects of a potential T-TIP between the US and the EU on production and exports of Turkey’s motor vehicles and parts sector. A partial equilibrium model is used to this end under two scenarios, the first one assuming only T-TIP, whereas the second one supposing a simultaneous free trade agreement between the US and Turkey. The simulations are based on the reductions in tariffs and nontariff barriers between the T-TIP partners in the first scenario, and between the US and Turkey, as well in the second scenario. The simulation results indicate that the prospective effects on the sector's production and exports differ significantly depending on different levels of integration. The results also reflect decreasing net welfare for Turkey and that a free trade agreement with the United States does not offer a significant market access potential for Turkey because of its production structure. Keywords: T-TIP, Turkey, GSIM, Motor vehicles and parts sector. JEL: F02, F15, F17, L62. Potencijalni efekti T-TIP-a na sektor motornih vozila i delova u TurskojCilj rada je kvantifikovanje mogucih efekata potencijalnog T-TIP-a između SAD-a i EU na proizvodnju i izvoz turskog sektora motornih vozila i delova. Da bi se to postiglo, koristi se delimicni model ravnoteže u dva scenarija, prvi pretpostavlja samo T-TIP, dok drugi istovremeno pretpostavlja i sporazum o slobodnoj trgovini između SAD-a i Turske. Simulacije se zasnivaju na smanjenju carina i necarinskih barijera između T-TIP partnera u prvom scenariju, kao i između SAD-a i Turske, u drugom scenariju. Rezultati simulacije pokazuju da se potencijalni efekti na proizvodnju i izvoz sektora znacajno razlikuju u zavisnosti od razlicitih nivoa integracije. Rezultati takođe odražavaju pad neto blagostanja za Tursku i ukazuju da sporazum o slobodnoj trgovini sa SAD-om Turskoj ne nudi znacajan potencijal pristupa tržistu zbog njene proizvodne strukture. Kljucne reci: T-TIP, Turska, GSIM, sektor motornih vozila i delova.

الوصول الحر: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d891afde9523d8b54c78a4757078226dTest
https://doi.org/10.2298/pan160929019aTest

المؤلفون: Valentina Ivanic, Mario Holzner

المصدر: Panoeconomicus, Vol 59, Iss 3, Pp 355-367 (2012)

مصطلحات موضوعية: cost of protection, Free trade zone, Tariff, International trade, trade policy modelling, Economics, media_common.cataloged_instance, European union, Free trade, media_common, Liberalization, business.industry, lcsh:Economic theory. Demography, partial equilibrium model, International economics, Economic surplus, jel:F13, Eastern european, lcsh:HB1-3840, jel:F17, Gains from trade, jel:F15, business, General Economics, Econometrics and Finance, Serbia, Cost of protection, Partial equilibrium model, Trade policy modelling, Serbia

الوصف: The effects of a full trade liberalization of Serbian imports originating from the Stabilization and Association Agreement (SAA) and European Union (EU) countries shall be measured using the global simulation model (GSIM) for individual Serbian industries. The model estimates trade effects, welfare effects (producer surplus, consumer surplus, and change in tariff revenue), and price and output changes. This information shall be used to identify those sectors that would be affected most by full liberalization. The impact on tariff revenues shall be investigated as tariffs are an important source of revenue for the Serbian budget. In this exercise, we follow closely the methodology developed by Mario Holzner (2004, 2006, 2008). Serbia signed an SAA in April 2008. This is a specific type of agreement on the association created by the EU for the Western Balkan countries. SAAs are similar in their nature and objectives to the European Agreements, signed during the 1990s between the European Community and Central and Eastern European Countries (CEECs). The main goal of the above-mentioned agreement is boosting economic cooperation by establishing a free trade zone. Apart from the rules concerning economic cooperation, the agreement consists of many other instruments that should support the stabilization of the political, social, and economic situation in the associated countries. However, our aim in this article is to specifically estimate the effects of tariff liberalization of Serbian imports originating from the SAA and EU countries.

الوصول الحر: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ce123826628c90a33503e109f0ff06f3Test