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  • 2005-2009  (4)
  • Tarr, David  (4)
  • Washington, D.C : The World Bank  (4)
  • Cham : Springer International Publishing AG
  • Economic Theory and Research  (4)
  • 1
    Language: English
    Pages: Online-Ressource (1 online resource (73 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Rutherford, Thomas Regional Household And Poverty Effects of Russia's Accession To The World Trade Organization
    Keywords: Constant returns to scale ; Debt Markets ; E-Business ; Economic Theory and Research ; Emerging Markets ; Equilibrium ; Exports ; Finance and Financial Sector Development ; Gross domestic product ; Imperfect competition ; Income ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Open economy ; Private Sector Development ; Productivity ; WTO ; World Trade Organization ; Constant returns to scale ; Debt Markets ; E-Business ; Economic Theory and Research ; Emerging Markets ; Equilibrium ; Exports ; Finance and Financial Sector Development ; Gross domestic product ; Imperfect competition ; Income ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Open economy ; Private Sector Development ; Productivity ; WTO ; World Trade Organization ; Constant returns to scale ; Debt Markets ; E-Business ; Economic Theory and Research ; Emerging Markets ; Equilibrium ; Exports ; Finance and Financial Sector Development ; Gross domestic product ; Imperfect competition ; Income ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Open economy ; Private Sector Development ; Productivity ; WTO ; World Trade Organization
    Abstract: This paper develops a seven-region comparative static computable general equilibrium model of Russia to assess the impact of accession to the World Trade Organization on these seven regions (the federal okrugs) of Russia. In order to assess poverty and distributional impacts, the model includes ten households in each of the seven federal okrugs, where household data are taken from the Household Budget Survey of Rosstat. The model allows for foreign direct investment in business services and endogenous productivity effects from additional varieties of business services and goods, which the analysis shows are crucial to the results. National welfare gains are about 4.5 percent of gross domestic product in the model, but in a constant returns to scale model they are only 0.1 percent. All deciles of the population in all seven federal okrugs can be expected to significantly gain from Russian World Trade Organization accession, but due to the capacity of their regions to attract foreign direct investment, households in the Northwest region gain the most, followed by households in the Far East and Volga regions. Households in Siberia and the Urals gain the least. Distribution impacts within regions are rather flat for the first nine deciles; but the richest decile of the population in the three regions that attract a lot of foreign investment gains significantly more than the other nine representative households in those regions
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Language: English
    Pages: Online-Ressource (1 online resource (53 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Jensen, Jesper The Impact of Kazak Accession To The World Trade Organization
    Keywords: Air ; Costs ; Currencies and Exchange ; Debt Markets ; E-Business ; Economic Theory and Research ; Elasticities ; Elasticity ; Emerging Markets ; Finance and Financial Sector Development ; Freight ; Gas Sector ; ICT Policy and Strategies ; Information and Communication Technologies ; Infrastructure ; Injury ; International Economics & Trade ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Passenger Services ; Policies ; Private Sector Development ; Railroad ; Route ; Subsidies ; Subsidy ; Transport ; Transport Economics, Policy and Planning ; Air ; Costs ; Currencies and Exchange ; Debt Markets ; E-Business ; Economic Theory and Research ; Elasticities ; Elasticity ; Emerging Markets ; Finance and Financial Sector Development ; Freight ; Gas Sector ; ICT Policy and Strategies ; Information and Communication Technologies ; Infrastructure ; Injury ; International Economics & Trade ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Passenger Services ; Policies ; Private Sector Development ; Railroad ; Route ; Subsidies ; Subsidy ; Transport ; Transport Economics, Policy and Planning ; Air ; Costs ; Currencies and Exchange ; Debt Markets ; E-Business ; Economic Theory and Research ; Elasticities ; Elasticity ; Emerging Markets ; Finance and Financial Sector Development ; Freight ; Gas Sector ; ICT Policy and Strategies ; Information and Communication Technologies ; Infrastructure ; Injury ; International Economics & Trade ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Passenger Services ; Policies ; Private Sector Development ; Railroad ; Route ; Subsidies ; Subsidy ; Transport ; Transport Economics, Policy and Planning
    Abstract: In this paper the authors use a computable general equilibrium model of the Kazakhstan economy to assess the impact of accession to the World Trade Organization (WTO), which encompasses (1) improved market access; (2) Kazakhstan tariff reduction; (3) reduction of barriers against entry by multinational service providers; and (4) reform of local content and value-added tax policies confronting multinational firms in the oil sector. They assume that foreign direct investment in business services is necessary for multinationals to compete well with Kazakstan business services providers, but cross-border service provision is also present. The model incorporates productivity effects in both goods and services markets endogenously, through a Dixit-Stiglitz framework. The authors estimated the ad valorem equivalent of barriers to foreign direct investment based on detailed questionnaires completed by specialized research institutes in Kazakhstan. They estimate that Kazakhstan will gain about 6.7 percent of the value of Kazakhstan consumption in the medium run from WTO accession and up to 17.5 percent in the long run. They estimate that the largest gains to Kazakhstan will derive from liberalization of barriers against multinational service providers, but the other three elements of WTO accession that the authors model all contribute positively to the estimated gains. Piecemeal sensitivity analysis shows that qualitatively the results are robust, but there are four parameters in the model that significantly affect the estimated magnitude of the gains from WTO accession
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (20 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Tarr, David Russian WTO Accession
    Keywords: Accession Negotiations ; Debt Markets ; Economic Development ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Foreign Investors ; Free Trade ; International Economics & Trade ; Macroeconomics and Economic Growth ; Member Countries ; Poverty Reduction ; Private Sector Development ; WTO ; WTO Accession ; WTO Members ; World Trade ; World Trade Organization ; World Trade Organization ; Accession Negotiations ; Debt Markets ; Economic Development ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Foreign Investors ; Free Trade ; International Economics & Trade ; Macroeconomics and Economic Growth ; Member Countries ; Poverty Reduction ; Private Sector Development ; WTO ; WTO Accession ; WTO Members ; World Trade ; World Trade Organization ; World Trade Organization ; Accession Negotiations ; Debt Markets ; Economic Development ; Economic Theory and Research ; Emerging Markets ; Finance and Financial Sector Development ; Foreign Investors ; Free Trade ; International Economics & Trade ; Macroeconomics and Economic Growth ; Member Countries ; Poverty Reduction ; Private Sector Development ; WTO ; WTO Accession ; WTO Members ; World Trade ; World Trade Organization ; World Trade Organization
    Abstract: This paper summarizes the principal reform commitments that Russia has undertaken as part of its World Trade Organization (WTO) accession negotiations, providing detailed assessments in banking, insurance, and agriculture. The paper assesses the gains to the Russian economy from these commitments, based on a summary of several modeling efforts undertaken by the author and his colleagues. The author compares Russian commitments with those of other countries that have recently acceded to the WTO to assess the claim that the demands on Russia are excessive due to political considerations. He explains why Russian WTO accession will result in the elimination of the Jackson-Vanik Amendment against Russia. Finally, he discusses the remaining issues in the negotiations and the time frame for Russian accession as of the fall of 2007
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  • 4
    Language: English
    Pages: Online-Ressource (1 online resource (83 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Rutherford, Thomas Regional Impacts of Russia's Accession To The World Trade Organization
    Keywords: Competitiveness ; Consumption ; Currencies and Exchange Rates ; Debt Markets ; E-Business ; Economic Theory ; Economic Theory and Research ; Economy ; Emerging Markets ; Equilibrium ; Exchange ; Finance and Financial Sector Development ; Free Trade ; Goods ; Imperfect Competition ; Information and Communication Technologies ; International Economics & Trade ; International Trade ; Investment ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Markets ; Markets and Market Access ; Prices ; Private Sector Development ; Production ; Public Sector Development ; Competitiveness ; Consumption ; Currencies and Exchange Rates ; Debt Markets ; E-Business ; Economic Theory ; Economic Theory and Research ; Economy ; Emerging Markets ; Equilibrium ; Exchange ; Finance and Financial Sector Development ; Free Trade ; Goods ; Imperfect Competition ; Information and Communication Technologies ; International Economics & Trade ; International Trade ; Investment ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Markets ; Markets and Market Access ; Prices ; Private Sector Development ; Production ; Public Sector Development ; Competitiveness ; Consumption ; Currencies and Exchange Rates ; Debt Markets ; E-Business ; Economic Theory ; Economic Theory and Research ; Economy ; Emerging Markets ; Equilibrium ; Exchange ; Finance and Financial Sector Development ; Free Trade ; Goods ; Imperfect Competition ; Information and Communication Technologies ; International Economics & Trade ; International Trade ; Investment ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Markets ; Markets and Market Access ; Prices ; Private Sector Development ; Production ; Public Sector Development
    Abstract: In this paper we develop a computable general equilibrium model of the regions of Russia to assess the impact of accession to the World Trade Organization (WTO) on the regions of Russia. We estimate that the average gain in welfare as a percentage of consumption for the whole country is 7.8 percent (or 4.3 percent of consumption); we estimate that three regions will gain considerably more: Northwest (11.2 percent), St. Petersburg (10.6 percent) and Far East (9.7 percent). We estimate that the Urals will gain only 6.2 percent of consumption, considerably less than the national average. The principal explanation in our central analysis for the differences across regions is the ability of the different regions to benefit from a reduction in barriers against foreign direct investment. The three regions with the largest welfare gains are clearly the regions with the estimated largest shares of multinational investment. But the Urals has attracted relatively little FDI in the service sectors. An additional reason for differences across regions is quantified in our sensitivity analysis: regions may gain more from WTO accession if they can succeed in creating a good investment climate
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