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- W2108403989 abstract "Recent years have seen a large increase in the number of bilateral preferential trade agreements, especially between developed and less developed economies, despite the fact that the predicted welfare gains are limited. Supporters of such agreements often argue that the real benefits of such agreements to the lesser developed economies will arise through trade induced productivity gains. This study examines this argument in the context of the proposed agreement between Morocco and the EU and Egypt and the EU, using a global CGE model and econometric estimates of the impact of trade liberalisation of total factor productivity in Morocco and Egypt. The results indicate that trade induced productivity gains can substantially enhance the benefits accruing to Morocco and Egypt and make an appreciable contribution to the reduction in poverty. However the analyses also indicate that trade diversion effects may have a major impact on the results; this conclusion is contrary to much previous evidence." @default.
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- W2108403989 date "2006-01-01" @default.
- W2108403989 modified "2023-09-23" @default.
- W2108403989 title "Trade Liberalisation with Trade Induced Technical Change in Morocco and Egypt" @default.
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