EFFECTS OF BRAZILIAN INTEGRATION WITH IMPORTANT TRADE PARTNERS USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL
The study examines through a Computable General Equilibrium (CGE) model the effects the creation of Preferential Trade Agreements (PTAs) with important trade partners of Brazil would have on key variables for the economy, especially welfare and trade. The results show a sig...
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| Format: | Article |
| Language: | English |
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Instituto de Pesquisa Econômica Aplicada
2023-04-01
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| Series: | Revista Tempo do Mundo |
| Subjects: | |
| Online Access: | https://www.ipea.gov.br/revistas/index.php/rtm/article/view/417/359 |
| _version_ | 1797790969009012736 |
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| author | Alicia Cechin André Filipe Zago de Azevedo Angélica Massuquetti |
| author_facet | Alicia Cechin André Filipe Zago de Azevedo Angélica Massuquetti |
| author_sort | Alicia Cechin |
| collection | DOAJ |
| description | The study examines through a Computable General Equilibrium (CGE) model the effects the creation of Preferential Trade Agreements (PTAs) with important trade partners of Brazil would have on key variables for the economy, especially welfare and trade. The results show a significant increase in exports of primary products and low technological intensity, when simulated the partial and full reduction of import tariffs. However, with the full reduction of tariffs and Non-Tariff Barriers (NTBs), Brazilian exports of sectors with higher technological content would be the most benefited, while the partial liberalization of NTBs, besides reducing the magnitude of exports in all agreements, would stimulate more sectors of lower technological content in most agreements. With regard to welfare gains, the same behavior of exports is observed, when reduction of NTBs occur, the greatest welfare gain is obtained in sectors of higher technological intensity. |
| first_indexed | 2024-03-13T02:12:04Z |
| format | Article |
| id | doaj.art-743def6898c042c586ffdd1245ed167c |
| institution | Directory Open Access Journal |
| issn | 2176-7025 2675-150X |
| language | English |
| last_indexed | 2024-03-13T02:12:04Z |
| publishDate | 2023-04-01 |
| publisher | Instituto de Pesquisa Econômica Aplicada |
| record_format | Article |
| series | Revista Tempo do Mundo |
| spelling | doaj.art-743def6898c042c586ffdd1245ed167c2023-07-01T01:11:12ZengInstituto de Pesquisa Econômica AplicadaRevista Tempo do Mundo2176-70252675-150X2023-04-013020122610.38116/rtm30art7EFFECTS OF BRAZILIAN INTEGRATION WITH IMPORTANT TRADE PARTNERS USING A COMPUTABLE GENERAL EQUILIBRIUM MODELAlicia Cechin0https://orcid.org/0000-0002-6816-1797André Filipe Zago de Azevedo1https://orcid.org/0000-0002-2745-0381Angélica Massuquetti2https://orcid.org/0000-0002-9382-5487Institute for Applied Economic ResearchFederal University of PelotasUniversity of Vale do Rio dos SinosThe study examines through a Computable General Equilibrium (CGE) model the effects the creation of Preferential Trade Agreements (PTAs) with important trade partners of Brazil would have on key variables for the economy, especially welfare and trade. The results show a significant increase in exports of primary products and low technological intensity, when simulated the partial and full reduction of import tariffs. However, with the full reduction of tariffs and Non-Tariff Barriers (NTBs), Brazilian exports of sectors with higher technological content would be the most benefited, while the partial liberalization of NTBs, besides reducing the magnitude of exports in all agreements, would stimulate more sectors of lower technological content in most agreements. With regard to welfare gains, the same behavior of exports is observed, when reduction of NTBs occur, the greatest welfare gain is obtained in sectors of higher technological intensity. https://www.ipea.gov.br/revistas/index.php/rtm/article/view/417/359preferential trade agreementscomputable general equilibrium modelgtap |
| spellingShingle | Alicia Cechin André Filipe Zago de Azevedo Angélica Massuquetti EFFECTS OF BRAZILIAN INTEGRATION WITH IMPORTANT TRADE PARTNERS USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL Revista Tempo do Mundo preferential trade agreements computable general equilibrium model gtap |
| title | EFFECTS OF BRAZILIAN INTEGRATION WITH IMPORTANT TRADE PARTNERS USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL |
| title_full | EFFECTS OF BRAZILIAN INTEGRATION WITH IMPORTANT TRADE PARTNERS USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL |
| title_fullStr | EFFECTS OF BRAZILIAN INTEGRATION WITH IMPORTANT TRADE PARTNERS USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL |
| title_full_unstemmed | EFFECTS OF BRAZILIAN INTEGRATION WITH IMPORTANT TRADE PARTNERS USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL |
| title_short | EFFECTS OF BRAZILIAN INTEGRATION WITH IMPORTANT TRADE PARTNERS USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL |
| title_sort | effects of brazilian integration with important trade partners using a computable general equilibrium model |
| topic | preferential trade agreements computable general equilibrium model gtap |
| url | https://www.ipea.gov.br/revistas/index.php/rtm/article/view/417/359 |
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