Affordable Access

MIRAGE, Updated Version of the Model for Trade Policy Analysis: Focus on Agriculture and Dynamics

Authors
Disciplines
  • Economics

Abstract

No 2007 – 15 October MIRAGE, Updated Version of the Model for Trade Policy Analysis: Focus on Agriculture and Dynamics _____________ Yvan Decreux Hugo Valin MIRAGE, Updated Version of the Model for Trade Policy Analysis Focus on Agriculture and Dynamics Yvan Decreux Hugo Valin No 2007 – 15 October Support from the CIREM is gratefully acknowledged MIRAGE, Updated Version of the Model for Trade Policy Analysis Contents 1 Introduction 8 2 The MIRAGE model 9 2.1 The demand side . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 2.2 The supply side . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 2.3 Imperfect competition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 2.4 Capital, investment and macroeconomic closure . . . . . . . . . . . . . . . 14 2.5 Labour market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 2.6 Agriculture modelling specific features . . . . . . . . . . . . . . . . . . . . 17 2.7 Dynamic set-up . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 2.8 Baseline . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 3 Conclusion 20 1 Notations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 2 Parameters definition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 3 Variables definition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 4 Equations of the model . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 3 CEPII, Working Paper No 2007-15 MIRAGE, UPDATED VERSION OF THE MODEL FOR TRADE POLICY ANALYSIS SUMMARY The possible failure of negotiation in the Doha Round emphasizes how complex and con- troversial the stakes of trade policies are. Numerous new preferential agreements are in project, while the future of multilateral liberalisation remains unclear. In this context, de- livering a rigorous and

There are no comments yet on this publication. Be the first to share your thoughts.