Assessing the socioeconomic impact of ECOWAS CET implementation in Niger

The fifteen Member States of the Economic Community of the West African States (ECOWAS) adopted on October 2013 a Common External Tariff (CET) with the aim of strengthening and accelerating regional integration. Niger is among the first countries to implement the ECOWAS CET scheme on April 2015. Thi...

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Autor principal: Fofana, Ismaël
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: Wageningen Academic Publishers 2018
Materias:
Acceso en línea:https://hdl.handle.net/10568/146132
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author Fofana, Ismaël
author_browse Fofana, Ismaël
author_facet Fofana, Ismaël
author_sort Fofana, Ismaël
collection Repository of Agricultural Research Outputs (CGSpace)
description The fifteen Member States of the Economic Community of the West African States (ECOWAS) adopted on October 2013 a Common External Tariff (CET) with the aim of strengthening and accelerating regional integration. Niger is among the first countries to implement the ECOWAS CET scheme on April 2015. This study assesses the ex-ante economic impact for Niger of a successful implementation of the CET scheme by the fifteen Member States. It uses fifteen single-country computable general equilibrium models interconnected through the trading of commodities and the mobility of labor and capital. A welfare improving impact is simulated for Niger. Custom union is welfare improving if the benefits of trade creation overcome the costs of diverting trade. Indeed, Niger expands its trade with both ECOWAS and non-ECOWAS partners more rapidly under the CET compared to the continuity, i.e. CET scheme not implemented.
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spelling CGSpace1461322025-02-24T06:48:46Z Assessing the socioeconomic impact of ECOWAS CET implementation in Niger Fofana, Ismaël models economic modeling welfare trade barriers trade computable general equilibrium model impact assessment tariffs The fifteen Member States of the Economic Community of the West African States (ECOWAS) adopted on October 2013 a Common External Tariff (CET) with the aim of strengthening and accelerating regional integration. Niger is among the first countries to implement the ECOWAS CET scheme on April 2015. This study assesses the ex-ante economic impact for Niger of a successful implementation of the CET scheme by the fifteen Member States. It uses fifteen single-country computable general equilibrium models interconnected through the trading of commodities and the mobility of labor and capital. A welfare improving impact is simulated for Niger. Custom union is welfare improving if the benefits of trade creation overcome the costs of diverting trade. Indeed, Niger expands its trade with both ECOWAS and non-ECOWAS partners more rapidly under the CET compared to the continuity, i.e. CET scheme not implemented. 2018-08-07 2024-06-21T09:05:55Z 2024-06-21T09:05:55Z Book Chapter https://hdl.handle.net/10568/146132 en https://doi.org/10.3920/978-90-8686-873-5 Open Access Wageningen Academic Publishers Fofana, Ismaël. 2018. Assessing the socioeconomic impact of ECOWAS CET implementation in Niger. In Fostering transformation and growth in Niger’s agricultural sector, eds. Fleur Stephanie Wouterse and Ousmane Badiane. Chapter 10, Pp. 223-236. https://doi.org/10.3920/978-90-8686-873-5_10
spellingShingle models
economic modeling
welfare
trade barriers
trade
computable general equilibrium model
impact assessment
tariffs
Fofana, Ismaël
Assessing the socioeconomic impact of ECOWAS CET implementation in Niger
title Assessing the socioeconomic impact of ECOWAS CET implementation in Niger
title_full Assessing the socioeconomic impact of ECOWAS CET implementation in Niger
title_fullStr Assessing the socioeconomic impact of ECOWAS CET implementation in Niger
title_full_unstemmed Assessing the socioeconomic impact of ECOWAS CET implementation in Niger
title_short Assessing the socioeconomic impact of ECOWAS CET implementation in Niger
title_sort assessing the socioeconomic impact of ecowas cet implementation in niger
topic models
economic modeling
welfare
trade barriers
trade
computable general equilibrium model
impact assessment
tariffs
url https://hdl.handle.net/10568/146132
work_keys_str_mv AT fofanaismael assessingthesocioeconomicimpactofecowascetimplementationinniger