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Welfare implications of the introduction of Zero for zero Proposal to Doha

Welfare implications of the introduction of Zero for zero Proposal to Doha. Olu Oyewumi & Charles Adjasi. Intro. Zero for zero proposal omitted in the initial Doha scenarios Subsets of Ag. Comm. & Nonag. Comm. depicting Z-Z and non-Z-Z products introduced in the cmfstart file.

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Welfare implications of the introduction of Zero for zero Proposal to Doha

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  1. Welfare implications of the introduction of Zero for zero Proposal to Doha Olu Oyewumi & Charles Adjasi

  2. Intro • Zero for zero proposal omitted in the initial Doha scenarios • Subsets of Ag. Comm. & Nonag. Comm. depicting Z-Z and non-Z-Z products introduced in the cmfstart file. • Shocks redefined to apply initial Doha to non-Z-Z and an additional shock representing Z-Z to cars, wheat …

  3. Methodology

  4. Welfare Effects The main net gainers from ZZ are ROW, LDC, Japan, EU China The US is the major loser-plausible reason could be the reduction in domestic protection rates in the US Total Welfare

  5. Welfare Decomposition

  6. Allocative efficiency Effect

  7. Trade effect: cars

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