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Developing Computable General Equilibrium Model for Estimating Sectorial and Regional Consequences of Concluding International Trade Treaties between Russia and Other Countries | 27-11-2007
Project Completion Date: December 2007

Recently Russia has become an active player in the field of international trade relations. Accession into WTO, concluding a new Agreement on Partnership and Cooperation with the European Union are the issues which are at the top of the Russian international trade agenda. Besides, Russia often gets the offers from its foreign partners (India, China, Korea, and others) to sign agreements on free trade with them. At the same time there are no adequate model instruments which would allow estimating the consequences of such actions at the federal and regional levels.

Project Summary:

The project goal is to develop the model on the ground of the GTAP model (Global Trade Analysis Project) that would estimate the consequences of signing trade agreements with other countries, including the consequences at the level of Russian federal districts. GTAP model is an adequate instrument for analyzing trade policy. Provided it is «tuned» properly for the relevant purposes, this instrument could be used for supporting decisions in the field of Russian international trade.
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