Volume 2, Issue 1, February 2013, Page: 9-19
Survey of Recent Literature on CGE Trade Models: With Special Reference to the Case of Egypt
Amr Sadek Hosny, Department of Economics, University of Wisconsin-Milwaukee, Northwest Quadrant Building B, Room 4428, Milwaukee, WI 53201
Received: Mar. 26, 2013;       Published: Feb. 20, 2013
DOI: 10.11648/j.jwer.20130201.12      View  2839      Downloads  313
Abstract
This paper provides a recent summary of the literature on Computable General Equilibrium (CGE) trade models used to analyze the effects of trade policy changes. After a discussion of the advantages and limitations of CGE models, I address their typical structure and show how the model operates. Finally, I present a review of the impact of different trade liberalization scenarios in the case of a small open economy; Egypt.
Keywords
CGE, trade models, Egypt
To cite this article
Amr Sadek Hosny, Survey of Recent Literature on CGE Trade Models: With Special Reference to the Case of Egypt, Journal of World Economic Research. Vol. 2, No. 1, 2013, pp. 9-19. doi: 10.11648/j.jwer.20130201.12
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