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

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název statě ve sborníku

Liberec Economic Forum 2017

ISBN

978-80-7494-349-2

ISSN

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e-ISSN

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Počet stran výsledku

10

Strana od-do

36-45

Název nakladatele

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Místo vydání

Liberec

Místo konání akce

Liberec

Datum konání akce

1. 1. 2017

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000426486500004