Would Multilateral Trade Reform Benefit Sub-Saharan Africans?
Kym Anderson,
Will Martin and
Dominique van der Mensbrugghe ()
No 2005-18, Centre for International Economic Studies Working Papers from University of Adelaide, Centre for International Economic Studies
Abstract:
This paper examines whether the Sub-Saharan African economies could gain from multilateral trade reform in the presence of trade preferences. The World BankÂ’s LINKAGE model of the global economy is employed to examine the impact first of current trade barriers and agricultural subsidies, and then of possible outcomes from the WTOÂ’s Doha round. The results suggest moving to free global merchandise trade would boost real incomes in Sub-Saharan Africa proportionately more than in other developing countries or in high-income countries, despite a terms of trade loss in parts of the region. Farm employment and output, the real value of agricultural and food exports, the real returns to farm land and unskilled labor, and real net farm incomes would all rise in the region, thereby alleviating poverty. Results for a Doha partial liberalization of both agricultural and non-agricultural trade take the region only a small part of the way towards those desirable outcomes.
Keywords: Trade policy; WTO; multilateral negotiations; computable general equilibrium; Sub-Saharan Africa. (search for similar items in EconPapers)
JEL-codes: C68 D58 F13 F17 O55 Q17 (search for similar items in EconPapers)
Pages: 59 pages
Date: 2005-08
References: Add references at CitEc
Citations: View citations in EconPapers (13)
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Related works:
Journal Article: Would Multilateral Trade Reform Benefit Sub-Saharan Africans? (2006)
Working Paper: Would Multilateral Trade Reform Benefit Sub-Saharan Africans? (2005)
Working Paper: Would multilateral trade reform benefit Sub-Saharan Africans? (2005)
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