ACCESSION OF IRAN TO THE WORLD TRADE ORGANIZATION AT A MACRO LEVEL USING A CGE MODEL

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MOJAVER HOSSEINI F.

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Journal: Iranian Journal of Trade Studies Year:2006 | Volume:10 | Issue:39 Page(s): 1-38

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Title

ACCESSION OF IRAN TO THE WORLD TRADE ORGANIZATION AT A MACRO LEVEL USING A CGE MODEL

Author(s)

MOJAVER HOSSEINI F. | Issue Writer Certificate

Keywords

WTOQ2

CGEQ3

IRANIAN ECONOMYQ2

NON-OIL EXPORTSQ2

Abstract

Employing a multisectoral computable general equilibrium model, this paper estimates the impact of accession of Iran to WTO on her economy. The results show that the combined impact of tariffication of NTBs, unified 14 per cent tariffs on all imports and market access abroad for Iranian products will result to a meager gain of less than 0.5 percent of GDP. The impact on private consumption, national saving and investment will vary depending on the ways and means by which the policies are carried on. The much anticipated gains from market access will be less than 0.2 per cent increase in GDP and about 17 percent increase in NON-OIL EXPORTS. The results show that NON-OIL EXPORTS are strongly influenced by domestic policies such as oil revenue and its public management rather than WTO membership and its requirements. Revaluation of real national currency in particular, resulting from increased oil revenue can functionally operate like a subsidy to imports and a tax on NON-OIL EXPORTS. The key issue in the resolution of low NON-OIL EXPORTS in Iran has to do with the transformation of her inward economy to an outward one. In this regard WTO membership can help but this is far from sufficient to make the transformation.

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APA: Copy

MOJAVER HOSSEINI, F.. (2006). ACCESSION OF IRAN TO THE WORLD TRADE ORGANIZATION AT A MACRO LEVEL USING A CGE MODEL. IRANIAN JOURNAL OF TRADE STUDIES (IJTS), 10(39), 1-38. SID. https://sid.ir/paper/7181/en

Vancouver: Copy

MOJAVER HOSSEINI F.. ACCESSION OF IRAN TO THE WORLD TRADE ORGANIZATION AT A MACRO LEVEL USING A CGE MODEL. IRANIAN JOURNAL OF TRADE STUDIES (IJTS)[Internet]. 2006;10(39):1-38. Available from: https://sid.ir/paper/7181/en

IEEE: Copy

F. MOJAVER HOSSEINI, “ACCESSION OF IRAN TO THE WORLD TRADE ORGANIZATION AT A MACRO LEVEL USING A CGE MODEL,” IRANIAN JOURNAL OF TRADE STUDIES (IJTS), vol. 10, no. 39, pp. 1–38, 2006, [Online]. Available: https://sid.ir/paper/7181/en

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