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A global Baltic: potential gains from trade liberalisation in the Baltic sea states
Kommerskollegium.
Örebro University, Department of Business, Economics, Statistics and Informatics. (Globaliseringen)ORCID iD: 0000-0003-0149-9598
2009 (English)In: Baltic Journal of Economics, ISSN 1406-099X, Vol. 9, no 1, 55-79 p.Article in journal (Refereed) Published
Abstract [en]

Though the Baltic Sea countries have displayed substantial growth and trading activity over the last decade, facilitated by reforms, significant trade barriers still exist. We analyse their implications, using a CGE-model. Besides the “usual suspects” (tariffs, subsidies and services barriers) and trade facilitation, we address non-tariff-measures (NTM) in a separate scenario. We find that the reforms would substantially boost national income and trade, especially for the group of emerging economies. Income gains are primarily due to elimination of dead-weight losses caused by rules and regulations and improved resource allocation. Jointly, the simulations indicate a move towards services and industrial production and export.

Place, publisher, year, edition, pages
Riga: BICEPS , 2009. Vol. 9, no 1, 55-79 p.
Keyword [en]
trade liberalisation; CGE; trade facilitation; services; NTM; NTB; Baltic Sea
National Category
Economics Economics and Business Social Sciences
Research subject
Economics
Identifiers
URN: urn:nbn:se:oru:diva-6035OAI: oai:DiVA.org:oru-6035DiVA: diva2:208443
Available from: 2009-03-18 Created: 2009-03-18 Last updated: 2016-08-10Bibliographically approved

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http://www.biceps.org/files/Global%20Baltic.pdf

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CiteExportLink to record
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Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf