Liberalising into poverty? : a GTAP analysis of the SADC EPA

This thesis aims to test the concerns about the Economic Partnership Agreement (EPA) between the EU and six southern African countries, based on a policy simulation with the GTAP-Model. As with other EPAs, opponents worried about the state budgets, the current accounts, the regional trade, the agric...

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Autor principal: Döbeling, Tatjana
Formato: H2
Lenguaje:Inglés
Publicado: SLU/Dept. of Economics 2017
Materias:
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author Döbeling, Tatjana
author_browse Döbeling, Tatjana
author_facet Döbeling, Tatjana
author_sort Döbeling, Tatjana
collection Epsilon Archive for Student Projects
description This thesis aims to test the concerns about the Economic Partnership Agreement (EPA) between the EU and six southern African countries, based on a policy simulation with the GTAP-Model. As with other EPAs, opponents worried about the state budgets, the current accounts, the regional trade, the agricultural sector and the industry. Other than in other model based studies of the EPAs, which concentrate on general welfare effects, this thesis aims to give detailed answers to the named concerns: The state revenue decreases. An increase in sales taxes can balance the state budget, if deteriorations for some sectors are accepted. The current account does not suffer strongly from the agreement, but the trade balance to the EU is strongly impaired, and so are the terms of trade of the African partners. The regional trade decreases, but this is offset by increasing trade with the EU and increasing exports to other countries. Agriculture and industry are not strongly affected in their value added, but concentrate stronger on exports, which probably challenges smallholders and possibly small manufacturers. Additionally, wages, employment and land rents are discussed. Even if the changes are often moderate, different effects accumulating in certain countries (like Mozambique) might present policy makers with difficult problems.
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institution Swedish University of Agricultural Sciences
language Inglés
publishDate 2017
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spelling RepoSLU141732020-06-04T12:17:52Z Liberalising into poverty? : a GTAP analysis of the SADC EPA Döbeling, Tatjana Economic Partnership Agreement SADC Southern Africa GTAP state budget current account regional trade infant industry agriculture subsistence farming This thesis aims to test the concerns about the Economic Partnership Agreement (EPA) between the EU and six southern African countries, based on a policy simulation with the GTAP-Model. As with other EPAs, opponents worried about the state budgets, the current accounts, the regional trade, the agricultural sector and the industry. Other than in other model based studies of the EPAs, which concentrate on general welfare effects, this thesis aims to give detailed answers to the named concerns: The state revenue decreases. An increase in sales taxes can balance the state budget, if deteriorations for some sectors are accepted. The current account does not suffer strongly from the agreement, but the trade balance to the EU is strongly impaired, and so are the terms of trade of the African partners. The regional trade decreases, but this is offset by increasing trade with the EU and increasing exports to other countries. Agriculture and industry are not strongly affected in their value added, but concentrate stronger on exports, which probably challenges smallholders and possibly small manufacturers. Additionally, wages, employment and land rents are discussed. Even if the changes are often moderate, different effects accumulating in certain countries (like Mozambique) might present policy makers with difficult problems. SLU/Dept. of Economics 2017 H2 eng https://stud.epsilon.slu.se/14173/
spellingShingle Economic Partnership Agreement
SADC
Southern Africa
GTAP
state budget
current account
regional trade
infant industry
agriculture
subsistence farming
Döbeling, Tatjana
Liberalising into poverty? : a GTAP analysis of the SADC EPA
title Liberalising into poverty? : a GTAP analysis of the SADC EPA
title_full Liberalising into poverty? : a GTAP analysis of the SADC EPA
title_fullStr Liberalising into poverty? : a GTAP analysis of the SADC EPA
title_full_unstemmed Liberalising into poverty? : a GTAP analysis of the SADC EPA
title_short Liberalising into poverty? : a GTAP analysis of the SADC EPA
title_sort liberalising into poverty? : a gtap analysis of the sadc epa
topic Economic Partnership Agreement
SADC
Southern Africa
GTAP
state budget
current account
regional trade
infant industry
agriculture
subsistence farming