Register  |  Login  |  Inquiries  |  Sitemap
Advanced Search
Journal of Economic Integration 2007 December;22(4) :995-1018.
DOI: https://doi.org/10.11130/jei.2007.22.4.995
Impacts of Global Multilateral Trade Liberalization on Sustainability Indicators
J. Zhang
A. Dobranskyte and 
M. Berrittella 
University of Hawaii
Institute for Environment and Sustainability
University of Palermo
Copyright ©2007 Journal of Economic Integration
ABSTRACT

A computable general equilibrium model was used to analyze trade liberalization impacts on sustainability. On the basis of multilateral trade negotiations in Doha Round, partial trade liberalization (PTL) and deep trade liberalization (DTL) scenarios were designed to assess their impacts on economic, social and environmental dimensions of sustainability using selected indicators. In a short time period DTL scenario showed high sustainability performance for developed and developing regions. In a longer time period gradual trade liberalization (PTL) appeared to be more beneficial in terms of sustainability performance for developing and least developed regions. Under both PTL and DTL scenarios, the least developed countries would be worse off than more developed regions, suggesting that special treatments and time frame may need to be considered in future negotiation talks.

JEL classification: F13, Q01, C68

Keywords: Trade liberalization | Sustainable development | Computable general
 
REFERENCE
1. Armington, A (1969) Theory of demand for products distinguished by place of production, IMF Staff Papers, 16, 159-178.
2. Arrow, K., P. Dasgupta, L. Goulder, G. Daily, P. Ehrlich, G. Heal, S. Levin, K. G. Maler, S. Schneider, D. Starrett, and B. Walker (2004) Are We Consuming Too Much?, Journal of Economics Perspectives, 18(3), 147-172.
3. Arrow, K., P. Dasgutpa, Mäler, K.-G. (2003) Evaluating Projects and Assessing Sustainable Development in Imperfect Economies, Environmental and Resource Economics, 26: 647-685.
Editorial Office
Center for Economic Integration, Sejong Institution, Sejong University, 209, Neungdong-Ro, Gwangjin-Gu,
Seoul, 05006, Korea
TEL : +82-2-3408-3338    FAX : +82-2-3408-3338   E-mail : jei@sejong.ac.kr
Browse Articles |  Current Issue |  For Authors and Reviewers |  About
Copyright© by Center for Economic Integration. All right reserved.