Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis

Using recent data on concentration indexes, we estimate that rents accruing from monopolistic positions represent more than 16 percent of GDP in Lebanon. In turn, using an applied computable general equilibrium model, we compare the long term impact of raising domestic competition with that of reduc...

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Main Authors:	Dessus, Sebastien, Ghaleb, Joey R.
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Trade Policy International Trade Organizations F130 Industrial Organization and Macroeconomics: Industrial Structure and Structural Change Industrial Price Indices L160 Antitrust Issues and Policies: General L400 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240
Online Access:	http://hdl.handle.net/10986/5643

id	okr-10986-5643
recordtype	oai_dc
spelling	okr-10986-56432021-04-23T14:02:23Z Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis Dessus, Sebastien Ghaleb, Joey R. Trade Policy International Trade Organizations F130 Industrial Organization and Macroeconomics: Industrial Structure and Structural Change Industrial Price Indices L160 Antitrust Issues and Policies: General L400 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Using recent data on concentration indexes, we estimate that rents accruing from monopolistic positions represent more than 16 percent of GDP in Lebanon. In turn, using an applied computable general equilibrium model, we compare the long term impact of raising domestic competition with that of reducing import tariffs. Simulation results suggest that Lebanon would largely benefit from the reduction of anti-competitive practices. By way of comparison, reducing tariffs would be structurally less effective in terms of raising investment opportunities and real wages, which, in the long run, would inevitably affect economic growth. 2012-03-30T07:33:49Z 2012-03-30T07:33:49Z 2008 Journal Article Review of Middle East Economics and Finance 14753685 http://hdl.handle.net/10986/5643 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Lebanon
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Trade Policy International Trade Organizations F130 Industrial Organization and Macroeconomics: Industrial Structure and Structural Change Industrial Price Indices L160 Antitrust Issues and Policies: General L400 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240
spellingShingle	Trade Policy International Trade Organizations F130 Industrial Organization and Macroeconomics: Industrial Structure and Structural Change Industrial Price Indices L160 Antitrust Issues and Policies: General L400 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Dessus, Sebastien Ghaleb, Joey R. Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis
geographic_facet	Lebanon
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Using recent data on concentration indexes, we estimate that rents accruing from monopolistic positions represent more than 16 percent of GDP in Lebanon. In turn, using an applied computable general equilibrium model, we compare the long term impact of raising domestic competition with that of reducing import tariffs. Simulation results suggest that Lebanon would largely benefit from the reduction of anti-competitive practices. By way of comparison, reducing tariffs would be structurally less effective in terms of raising investment opportunities and real wages, which, in the long run, would inevitably affect economic growth.
format	Journal Article
author	Dessus, Sebastien Ghaleb, Joey R.
author_facet	Dessus, Sebastien Ghaleb, Joey R.
author_sort	Dessus, Sebastien
title	Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis
title_short	Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis
title_full	Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis
title_fullStr	Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis
title_full_unstemmed	Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis
title_sort	trade and competition policies for growth in lebanon: a general equilibrium analysis
publishDate	2012
url	http://hdl.handle.net/10986/5643
_version_	1764395796790247424

Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis

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