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Trade and Development in Vietnam: Exploring Investment Linkages
06/08/2010 - 242 Lượt xem
This paper presents and uses a new, stylized single country dynamic CGE model to explore the trade-development linkages in Vietnam. Application of this framework involves addressing three basic questions:
1. Does a model that properly determines capacity additions and more fully captures macroeconomic accounting and growth dynamics predict trade levels in a satisfactory manner?
2. Are those capacity additions determined by trade liberalization, and if so, which aspects of trade liberalization?
3. Under this framework what are expected impacts of trade liberalization initiatives, such as past bilateral trade agreements and recent WTO accession, taking into account their potential effect on incentives to invest via both tariff changes and institutional reforms?
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Source: VNEP, September 2008
