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1

Effects of Liberalization in Agricultural Trade. A Simulation Study Based on General Equilibrium Model

100%
Hagemejer J., Michalek J.
Ekonomista
|
2008
|
issue 4
467-498
EN
The article is devoted to the analysis of potential impact of liberalization of trade in agricultural commodities (the Doha Round of WTO) on the economies of Poland and several other selected countries (Czech Republic, Slovakia, France, Brazil and the US). Three proposals on trade liberalization, submitted by European Communities, the US and G-20 (a group of developing countries) are presented and compared. The simulation of potential effects of custom duties reduction, provision of financial support as well as of the elimination of export subsidies, based on the computable general equilibrium model (GTAP), indicates that for the European countries changes in trade flows would relatively be insubstantial. Poland, from trade liberalization, might derive certain benefits in the production of live animals, dairy products and certain grains.
2

CALIBRATION OF SOME PARAMETERS AND VARIABLES IN THE DYNAMIC GENERAL EQUILIBRIUM MODEL OF POLISH ECONOMY

80%
Dintcheva-Bis D.
Przegląd Statystyczny
|
2006
|
vol. 53
|
issue 4
102-121
EN
The model described in earlier papers is applied to approximate the Polish economy by calibration of the parameter's and variable's values reflecting mainly the situation in the base-year 2000. The calibration method applies not only benchmark dataset but also the previous theoretical analysis of the equilibrium state. The results of two types of deterministic simulation experiments are presented in the paper. The simulation results confirm the usefulness of the constructed forty-two equation model for analyzing the effects of changes in relative prices
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