Impact Assessment of the CETA for the Czech Economy through CGE Modelling

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F17%3A00003677" target="_blank" >RIV/46747885:24310/17:00003677 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Impact Assessment of the CETA for the Czech Economy through CGE Modelling

Original language description

The goal of this article is to quantify the impacts of the Comprehensive Economic and Trade Agreement concluded between Canada on one side and the European Union and its member countries on the other side (hereinafter the CETA only) on the Czech national economy. The CETA, as a modern agreement on international trade, modifies not only the international trade tariff barriers, but primarily the non-tariff barriers (NTBs), whose quantification is relatively complicated. With the exception of some agricultural products, CETA eliminates customs tariffs on all goods and also diminishes technical barriers to trade, especially double testing in selected groups of industrial goods. The Computable general equilibrium (CGE) model was selected as an impact estimation tool. The Global Trade Analysis (GTAP) database was used for the impact quantification purposes. The applied model’s discussion and its calibration for the purposes of quantification of the CETA’s impacts are included in this article. The results represent the quantified changes in the area of both the tariff and non-tariff trade barriers between the EU, or Czech Republic, and Canada. In the conclusion, the CGE model results applicable to the Czech Republic are commented upon, and recommendations on the CETA implementation are made for the Czech Republic.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Liberec Economic Forum 2017

ISBN

978-80-7494-349-2

ISSN

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e-ISSN

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Number of pages

10

Pages from-to

36-45

Publisher name

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Place of publication

Liberec

Event location

Liberec

Event date

Jan 1, 2017

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000426486500004