Título: | How Fiscal (Mis)-Management May Impede Trade Reform: Lessons From an Intertemporal, Multi-Sector General Equilibrium Model for Turkey |
Autores: |
Diao, Xinshen Roe, Terry L. Yeldan, A. Erinc |
Fecha: |
2008-01-14 2008-01-14 1998 |
Publicador: | AgEcon Search |
Fuente: |
Ver documento |
Tipo: | Working or Discussion Paper |
Tema: | International Relations/Trade |
Descripción: | We utilize a multi-sector general equilibrium model based on intertemporally optimizing agents to study issues of trade liberalization and fiscal adjustments in the context of the Turkish economy. A key feature of the model is its explicit recognition of the distortionary consequences of excessive borrowing requirements of the public sector through increased domestic interest costs. The model results suggest that the postponement of adjustment to growing public debt and fiscal imbalances could be detrimental; and that in the absence of coordinated fiscal reforms, the welfare gains expected from trade liberalization may significantly be negated. |
Idioma: |
English en |
1 Lost Directions: U.S. Foreign Assistance Policy Since New Directions por McGuire, Mark F.,Ruttan, Vernon W. | 6 |
2 | 7 Efficient choice among domestic and trade policies in the Grossman-Helpman Interest-Group Model por Schleich, Joachim,Orden, David |
3 On the Welfare Consequences of Political Activity por Coggins, Jay S. | 8 Bilateral Harmonization of EC and U.S. Agricultural Policies por Mahe, Louis Pascal,Tavera, Christophe |
4 What Happened to Political Development? por Ruttan, Vernon W. | 9 Economics of Food and Safety: Risk, Information, and the Demand and Supply of Health por Falconi, Cesar,Roe, Terry L. |
5 A Dynamic CGE Model: An Application of R&D- Based Endogenous Growth Model Theory por Diao, Xinshen,Elbasha, Elamin H.,Roe, Terry L.,Yeldan, A. Erinc | 10 Wealth, Weather Risk and the Composition and Profitability of Agricultural Investments por Rosenzweig, Mark R.,Binswanger, Hans P. |