Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192160 
Year of Publication: 
1996
Series/Report no.: 
Discussion Papers No. 176
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
In this study we model effects on Norwegian industry and trade patterns of the recently implemented trade reforms - the WTO-agreement, the EEA-treaty, the OECD ship building reform and the EFTA fishing agreement - through changes in tariffs, NTBs, government procurement and subsidy policy as well as shifts in foreign prices and demand. We employ a highly disaggregated CGE model to simulate the difference between an economy adapted to the mentioned reforms and an economy based on a multilateral maintenance of the pre-reform trade system. Exports and import shares are modelled differently depending on commodity characteristics. Labour supply and national wealth are exogenously determined in order to focus on the gains from reallocations of given resources. The results indicate strong effects on the patterns of industry and trade. Specifically, we observe an increase in the production of services and highly processed goods, and a decrease in the production of raw materials and less processed commodities.
Subjects: 
Trade reform
European economic integration
CGE analysis
Norway
JEL: 
F14
F15
F17
Document Type: 
Working Paper
Document Version: 
Digitized Version

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