New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and China

Detalhes bibliográficos
Autor(a) principal: Ferraz, Lucas Pedreira do Couto
Data de Publicação: 2018
Outros Autores: Ribeiro, Marcel Bertini
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista Brasileira de Economia (Online)
Texto Completo: https://periodicos.fgv.br/rbe/article/view/73281
Resumo: This article explores new tools for the ex-ante analysis of PTAs using large scale CGE models. The traditional impact analysis based on tariff cuts and gross trade performance is then extended to incorporate new features of the ongoing globalization process, such as non-tariff barriers (NTBs) and the so-called trade in value-added. Several methodological as well as conceptual issues are then readdressed, including the proper use of estimated ad-valorem equivalents of NTBs as inputs in perfect competition CGE models as well as the very concept of a “preferential trade partner” in a world where nearly 65% of global exports correspond to trade in intermediates. The article concentrates its impact analysis on the Brazilian economy – providing an overview of its trade policy over the last decades- and the likely consequences of a hypothetical PTA involving Mercosur and China. 
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spelling New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and ChinaNon-tariff barriersGlobal Value ChainsPreferential Trade AgreementsThis article explores new tools for the ex-ante analysis of PTAs using large scale CGE models. The traditional impact analysis based on tariff cuts and gross trade performance is then extended to incorporate new features of the ongoing globalization process, such as non-tariff barriers (NTBs) and the so-called trade in value-added. Several methodological as well as conceptual issues are then readdressed, including the proper use of estimated ad-valorem equivalents of NTBs as inputs in perfect competition CGE models as well as the very concept of a “preferential trade partner” in a world where nearly 65% of global exports correspond to trade in intermediates. The article concentrates its impact analysis on the Brazilian economy – providing an overview of its trade policy over the last decades- and the likely consequences of a hypothetical PTA involving Mercosur and China. EGV EPGE2018-08-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArticlesArtigosapplication/pdfhttps://periodicos.fgv.br/rbe/article/view/73281Revista Brasileira de Economia; Vol. 72 No. 3 (2018): JUL-SET; 330-360Revista Brasileira de Economia; v. 72 n. 3 (2018): JUL-SET; 330-3601806-91340034-7140reponame:Revista Brasileira de Economia (Online)instname:Fundação Getulio Vargas (FGV)instacron:FGVenghttps://periodicos.fgv.br/rbe/article/view/73281/73854Copyright (c) 2018 Revista Brasileira de Economiainfo:eu-repo/semantics/openAccessFerraz, Lucas Pedreira do CoutoRibeiro, Marcel Bertini2018-09-18T14:22:45Zoai:ojs.periodicos.fgv.br:article/73281Revistahttps://periodicos.fgv.br/rbe/https://periodicos.fgv.br/rbe/oai||rbe@fgv.br1806-91340034-7140opendoar:2024-03-06T13:03:47.013586Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)true
dc.title.none.fl_str_mv New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and China
title New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and China
spellingShingle New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and China
Ferraz, Lucas Pedreira do Couto
Non-tariff barriers
Global Value Chains
Preferential Trade Agreements
title_short New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and China
title_full New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and China
title_fullStr New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and China
title_full_unstemmed New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and China
title_sort New Tools for the CGE Analysis of PTAs in the era of Non-Tariff Barriers and Global Value Chains: The case of Mercosur and China
author Ferraz, Lucas Pedreira do Couto
author_facet Ferraz, Lucas Pedreira do Couto
Ribeiro, Marcel Bertini
author_role author
author2 Ribeiro, Marcel Bertini
author2_role author
dc.contributor.author.fl_str_mv Ferraz, Lucas Pedreira do Couto
Ribeiro, Marcel Bertini
dc.subject.por.fl_str_mv Non-tariff barriers
Global Value Chains
Preferential Trade Agreements
topic Non-tariff barriers
Global Value Chains
Preferential Trade Agreements
description This article explores new tools for the ex-ante analysis of PTAs using large scale CGE models. The traditional impact analysis based on tariff cuts and gross trade performance is then extended to incorporate new features of the ongoing globalization process, such as non-tariff barriers (NTBs) and the so-called trade in value-added. Several methodological as well as conceptual issues are then readdressed, including the proper use of estimated ad-valorem equivalents of NTBs as inputs in perfect competition CGE models as well as the very concept of a “preferential trade partner” in a world where nearly 65% of global exports correspond to trade in intermediates. The article concentrates its impact analysis on the Brazilian economy – providing an overview of its trade policy over the last decades- and the likely consequences of a hypothetical PTA involving Mercosur and China. 
publishDate 2018
dc.date.none.fl_str_mv 2018-08-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Articles
Artigos
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dc.identifier.uri.fl_str_mv https://periodicos.fgv.br/rbe/article/view/73281
url https://periodicos.fgv.br/rbe/article/view/73281
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://periodicos.fgv.br/rbe/article/view/73281/73854
dc.rights.driver.fl_str_mv Copyright (c) 2018 Revista Brasileira de Economia
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2018 Revista Brasileira de Economia
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv EGV EPGE
publisher.none.fl_str_mv EGV EPGE
dc.source.none.fl_str_mv Revista Brasileira de Economia; Vol. 72 No. 3 (2018): JUL-SET; 330-360
Revista Brasileira de Economia; v. 72 n. 3 (2018): JUL-SET; 330-360
1806-9134
0034-7140
reponame:Revista Brasileira de Economia (Online)
instname:Fundação Getulio Vargas (FGV)
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instname_str Fundação Getulio Vargas (FGV)
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reponame_str Revista Brasileira de Economia (Online)
collection Revista Brasileira de Economia (Online)
repository.name.fl_str_mv Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)
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