Measuring Welfare Effects of the US-China Trade War Using General Equilibrium Models
CGE odhady dopadů obchodní války mezi USA a Čínou na blahobyt
diplomová práce (OBHÁJENO)
![Náhled dokumentu](/bitstream/handle/20.500.11956/150533/thumbnail.png?sequence=6&isAllowed=y)
Zobrazit/ otevřít
Trvalý odkaz
http://hdl.handle.net/20.500.11956/150533Identifikátory
SIS: 214026
Kolekce
- Kvalifikační práce [17632]
Autor
Vedoucí práce
Oponent práce
Vacek, Pavel
Fakulta / součást
Fakulta sociálních věd
Obor
Ekonomie a finance
Katedra / ústav / klinika
Institut ekonomických studií
Datum obhajoby
15. 9. 2021
Nakladatel
Univerzita Karlova, Fakulta sociálních vědJazyk
Angličtina
Známka
Výborně
Klíčová slova (anglicky)
Welfare effect, Trade war, CGE model, General Equilibrium Model, Advanced gravity modelThis study analyzes the trade war between the United States (US) and China using the GTAP (Global Trade Analysis Project) CGE (Computable General Equilibrium) model. Five scenarios focused on economic decoupling are ana- lyzed: 1. Mutual tariff levels increased to 25%, 2. Mutual tariff levels increased to 45%, 3. Bilateral export levels decreased by 25%, 4. Bilateral export levels decreased by 45%, and 5. Trade efficiency decreased by 10%. The analysis shows both the US and China's consumer welfare and GDP decreased across all scenarios, with a larger decrease in China. In addition, when exports from China and the United States decrease, there is an increase in exports from the ASEAN region. JEL Classification C68, F13, F11, Keywords Trade war, CGE, General Equilibrium Title Measuring the Welfare Effects of the US-China Trade War Using a Computable General Equi- librium Model Author's e-mail hehaeunk@gmail.com Supervisor's e-mail vilem.semerak@fsv.cuni.cz