The Barcelona initiative and the importance of NTBs: a dynamic CGE-analysis for Syria

Gaitan, Beatriz; Lucke, Bernd (2007). The Barcelona initiative and the importance of NTBs: a dynamic CGE-analysis for Syria. International economics and economic policy, 4(1), pp. 33-59. Heidelberg: Springer 10.1007/s10368-007-0081-9

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The Barcelona Initiative is the central element of the EU’s Mediterranean policy. We study the implementation of this policy with respect to Syria using a dynamic general equilibrium model with credit constraints and capital market imperfections. Dismantling formal tariffs has only limited effects on the Syrian economy, while reducing non-tariff barriers produces by far larger results. EU association promises broadly positive effects for factor incomes and sectoral outputs, with some temporarily negative effects in agricultural sectors. Nevertheless, we find evidence of severe trade distorting effects making preferential trade policy clearly welfare inferior to multilateral trade liberalization within the WTO framework.

Item Type:

Journal Article (Original Article)

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Department of Economics

UniBE Contributor:

Gaitan Soto, Beatriz

ISSN:

1612-4804

Publisher:

Springer

Language:

English

Submitter:

Factscience Import

Date Deposited:

04 Oct 2013 14:56

Last Modified:

05 Dec 2022 14:17

Publisher DOI:

10.1007/s10368-007-0081-9

BORIS DOI:

10.48350/23751

URI:

https://boris.unibe.ch/id/eprint/23751 (FactScience: 44165)

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