Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/266702 
Year of Publication: 
2022
Citation: 
[Journal:] The World Economy [ISSN:] 1467-9701 [Volume:] 45 [Issue:] 10 [Publisher:] Wiley [Place:] Hoboken, NJ [Year:] 2022 [Pages:] 3269-3293
Publisher: 
Wiley, Hoboken, NJ
Abstract: 
This paper quantifies the economy‐wide effects of different trade policies on the Palestinian economy, using a detailed database and a general equilibrium model adjusted to the particularities of the Palestinian economy. The findings show that a liberal and non‐discriminatory trade regime provides the highest benefits for the Palestinian economy, in terms of welfare effects, GDP growth and job creation. The choice of an exchange rate regime has a considerable influence on the effects of trade policy. Accordingly, a full control over trade and monetary policy instruments could improve the capacity of the Palestinian National Authority to address the prevailing high unemployment and sluggish economic growth.
Subjects: 
applied General Equilibrium
exchange rates
Middle East
Palestine
tariff‐rate‐quotas
unemployment
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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