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Impacts of Global Multilateral Trade Liberalization on Sustainability Indicators

Author

Listed:
  • Zhang, J.

    (University of Hawaii)

  • Dobranskyte, A.

    (Institute for Environment and Sustainability)

  • Berrittella, M.

    (University of Palermo)

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

Suggested Citation

  • Zhang, J. & Dobranskyte, A. & Berrittella, M., 2007. "Impacts of Global Multilateral Trade Liberalization on Sustainability Indicators," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 22, pages 995-1018.
    • Handle: RePEc:ris:integr:0421
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    Citations

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    Cited by:

    1. Maria Berrittella, 2010. "A macroeconomic analysis of the public investments in European combined transport," Empirical Economics, Springer, vol. 39(1), pages 167-181, August.
    2. Jian Zhang & Denise Eby Konan, 2010. "The Sleeping Giant Awakes: Projecting Global Implications of China's Energy Consumption," Review of Development Economics, Wiley Blackwell, vol. 14(4), pages 750-767, November.

    More about this item

    Keywords

    Trade liberalization; Sustainable development; Computable general;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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