Ejemplo de un Modelo Comercial de Equilibrio General aplicado para la Simulación de Acuerdos Bilaterales entre Estados Unidos y Países del Continente Americano

This paper provides a CGE trade model to explore economic impacts of single FTA simulations between the United States with three countries of Americas. It exhibits main features and formal specification of the CGE model; in addition, this paper illustrates the behavior of economic variables, that in...

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Bibliographic Details
Main Author: Tobar, Francisco (author)
Format: article
Language:spa
Published: 2020
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Online Access:https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/126
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Summary:This paper provides a CGE trade model to explore economic impacts of single FTA simulations between the United States with three countries of Americas. It exhibits main features and formal specification of the CGE model; in addition, this paper illustrates the behavior of economic variables, that intend to explain reasons of why a country or region could get greater benefit than other, and why an economic sector could be the winner sector in a liberalization trade scenario. As a result, this paper covers general aspects that must be taken into account in a computable general equilibrium trade model in order to evaluate the new forthcoming free trade scenario in the Americas.