Arbeitspapier

Trade, economic and welfare impacts of the CARICOM-Canada free trade agreement

This paper estimates the trade, revenue, and welfare effects of the proposed Caribbean Community (CARICOM)-Canada free trade agreement (FTA) on CARICOM countries using a partial equilibrium model. The welfare analysis also takes into account the Economic Partnership Agreement, which was signed in 2008 by the CARIFORUM (CARICOM and the Dominican Republic) countries and the European Union. The revealed comparative advantage index, trade complementarity index, and transition probability matrices are used to examine the dynamics of comparative advantage for CARICOM countries' exports to Canada. The results obtained from the partial equilibrium model indicate adverse revenue and welfare effects for CARICOM member states. The results from various trade indices used do not provide evidence to suggest that an FTA between CARICOM countries and Canada can improve trade outcomes.

Sprache
Englisch

Erschienen in
Series: IDB Working Paper Series ; No. IDB-WP-678

Klassifikation
Wirtschaft
Trade Policy; International Trade Organizations
Empirical Studies of Trade
Trade: Forecasting and Simulation
Thema
CARICOM-Canada FTA
partial equilibrium model
welfare effects
comparative advantage

Ereignis
Geistige Schöpfung
(wer)
Khadan, Jeetendra
Hosein, Roger
Ereignis
Veröffentlichung
(wer)
Inter-American Development Bank (IDB)
(wo)
Washington, DC
(wann)
2016

DOI
doi:10.18235/0000454
Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Khadan, Jeetendra
  • Hosein, Roger
  • Inter-American Development Bank (IDB)

Entstanden

  • 2016

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