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Regionalising results from a detailed CGE model: Macro, industry and state effects in the U.S. of removing major tariffs and quotas

Dixon, Peter, Rimmer, Maureen T and Tsigas, Marinos E (2007) Regionalising results from a detailed CGE model: Macro, industry and state effects in the U.S. of removing major tariffs and quotas. Papers in Regional Science, 86 (1). pp. 31-55. ISSN 1056-8190 (print) 1435-5957 (online)

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Abstract

We describe a tops-down method for regionalising results from a detailed national CGE model. Using a 500-industry U.S. model, we generate macro and industry effects of removing major U.S. import restraints and translate these effects into employment results for U.S. states. Our results indicate that for most industries, the output change would be negligible but for sugar, butter and several textile industries output contractions would be large. The state employment changes are all between −0.5 and 0.2 percent. We explain the results by elementary mechanisms in a way that does not require prior knowledge of the underlying CGE model.

Item Type: Article
Uncontrolled Keywords: regionalising CGE, state modelling, tariffs and quotas, U.S trade, explaining CGE results
Subjects: FOR Classification > 1205 Urban and Regional Planning
FOR Classification > 1402 Applied Economics
Faculty/School/Research Centre/Department > College of Business
Faculty/School/Research Centre/Department > Centre of Policy Studies (CoPS)
Depositing User: Ms Julie Gardner
Date Deposited: 09 Apr 2014 07:17
Last Modified: 04 Oct 2015 23:54
URI: http://vuir.vu.edu.au/id/eprint/24635
DOI: https://doi.org/10.1111/j.1435-5957.2006.00101.x
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Citations in Scopus: 20 - View on Scopus

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