The EU-Jordan Free Trade Agreement
A Dynamic General Equilibrium Analysis
(Sprache: Englisch)
The Association Agrement between Jordan and the EU entered into force in2002. It is part of the Euro-Mediterranean Partnership, a process of economicand political integration involving the EU and countries in the MENA region.This books analyses the impacts...
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The Association Agrement between Jordan and the EU entered into force in
2002. It is part of the Euro-Mediterranean Partnership, a process of economic
and political integration involving the EU and countries in the MENA region.
This books analyses the impacts on the Jordanian economy of the free-trade
agreement with the EU, with emphasis on welfare and income distribution.
The effects of trade liberalisation are assessed together with parallel and
complementary economic reforms, aiming at countacting the fall in government
revenue due to the reduction in the import duty rates. In order to
capture the economic interactions and the intertemporal effects, the analyis
is conducted by using a dynamic CGE model. The approach used in this work
is the first one analysing income distribution in a CGE framework in which
heterogeneous households are assumed to have different discount rates.
The simulation results show that, although the free-trade arrangement with
the EU affects positively aggregate welfare in Jordan, it also has different
effects on Jordanian heterogenous households and it causes increasing income
disparity.
This work hopes therefore to provide both theoretical insights and useful
policy implications.
Klappentext zu „The EU-Jordan Free Trade Agreement “
The Association Agrement between Jordan and the EU entered into force in 2002. It is part of the Euro-Mediterranean Partnership, a process of economic and political integration involving the EU and countries in the MENA region.This books analyses the impacts on the Jordanian economy of the free-trade agreement with the EU, with emphasis on welfare and income distribution. The effects of trade liberalisation are assessed together with parallel and complementary economic reforms, aiming at countacting the fall in gover nment revenue due to the reduction in the import duty rates. In order to capture the economic interactions and the intertemporal effects, the analyis is conducted by using a dynamic CGE model. The approach used in this work is the first one analysing income distribution in a CGE framework in which heterogeneous households are assumed to have different discount rates.The simulation results show that, although the free-trade arrangement with the EU affects positively aggregate welfare in Jordan, it also has different effects on Jordanian heterogenous households and it causes increasing in come disparity. This work hopes therefore to provide both theoretical insights and useful policy implications.
Autoren-Porträt von Omar Feraboli
Omar Feraboliis Research Assistant at the Chemnitz University ofTechnology. He holds an MA in Economics fromthe University of Dundee, an MSc in Economicsfrom the University of Essex and a PhD inEconomics from the University of Hamburg.His main fields of research are InternationalEconomics and CGE Modelling.
Bibliographische Angaben
- Autor: Omar Feraboli
- 2008, 120 Seiten, Maße: 17 x 24 cm, Kartoniert (TB), Englisch
- Verlag: VDM Verlag Dr. Müller
- ISBN-10: 3836415488
- ISBN-13: 9783836415484
Sprache:
Englisch
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