Premium
Regionalising results from a detailed CGE model: Macro, industry and state effects in the U.S. of removing major tariffs and quotas *
Author(s) -
Dixon Peter B.,
Rimmer Maureen T.,
Tsigas Marinos E.
Publication year - 2007
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/j.1435-5957.2006.00101.x
Subject(s) - computable general equilibrium , economics , macro , sugar industry , textile industry , macroeconomics , sugar , computer science , political science , chemistry , biochemistry , programming language , law
. We describe a tops‐down method for regionalising results from a detailed national CGE model. Using a 500‐industry U.S. model, we generate macro and industry effects of removing major U.S. import restraints and translate these effects into employment results for U.S. states. Our results indicate that for most industries, the output change would be negligible but for sugar, butter and several textile industries output contractions would be large. The state employment changes are all between −0.5 and 0.2 percent. We explain the results by elementary mechanisms in a way that does not require prior knowledge of the underlying CGE model.