|
| |
N° 2002-17 |
  |
| December |
| MIRAGE, a Computable General Equilibrium
Model for Trade Policy Analysis |
Hedi Bchir
Yvan Decreux
Jean-Louis Guérin
Sébastien Jean |
|
| MIRAGE is a multi-region, multi-sector computable
general equilibrium model, devoted to trade policy analysis. It incorporates
imperfect competition, product differentiation by variety and by quality,
and foreign direct investment, in a sequential dynamic set-up where installed
capital is assumed to be immobile. Adjustment inertia is linked to capital
stock reallocation and to market structure changes. MIRAGE draws upon a
very detailed measure of trade barriers and of their evolution under given
hypotheses, thanks to the database MAcMaps. Simulations of a trade liberalisation
between the European Union and its periphery illustrate the sensitivity
to the main assumptions. |
Abstract |
| |
|
| Computable general equilibrium model, trade
policy, dynamics, foreign direct investment, imperfect competition. |
Keywords |
| D58; F12; F13. |
JEL classification |
| |
|
| To visualise the full text document, use Acrobat
Reader |
Full
text (pdf) |
|
|
|
| |
|
|
|
|
|
|
|
|
