A Dynamic Computable General Equilibrium Treatment of the Ban on UK Beef Exports: A Note
扩展了Hubbard和Philippidis的研究，使用动态GTAP模型分析疯牛病和口蹄疫导致的英国牛肉出口禁令的长期经济影响，发现禁令取消后影响持续但总体经济效应微小。
Abstract Hubbard and Philippidis Journal of Agricultural Economics (2001) Vol. 52, pp. 87–95] employ the standard Global Trade Analysis Project (GTAP) computable general equilibrium (CGE) model to analyse the impact of the bovine spongiform encephalopathy (BSE)‐induced ban on exports of UK beef. This note extends that study in four ways: (i) the dynamic GTAP model is employed to characterise long‐run savings–investment behaviour more correctly; (ii) the effect of the foot‐and‐mouth disease (FMD) outbreak of 2001 is included; (iii) an allowance is made for different levels of recovery in consumer confidence; and (iv) the impact analysis is now compared through time with a ‘no‐ban’ baseline. Long‐run comparisons after removal of the ban suggest that its legacy may continue for some time. However, because of the remedial safeguards and assurances offered in the wake of the BSE and FMD crises, there is a possibility that exports and outputs increase. Nevertheless, the economy‐wide impacts are negligible in both the short and the long run.