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Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis
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Sebastien Dessus
Published/Copyright:
January 1, 2008
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.
Published Online: 2008-1-1
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
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- Explaining Middle Eastern Political Authoritarianism I: The Level of Democracy
- Explaining Middle Eastern Political Authoritarianism II: Liberalizing Transitions
- Money and Inflation in the Islamic Republic of Iran
- Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis
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Articles in the same Issue
- Article
- Explaining Middle Eastern Political Authoritarianism I: The Level of Democracy
- Explaining Middle Eastern Political Authoritarianism II: Liberalizing Transitions
- Money and Inflation in the Islamic Republic of Iran
- Trade and Competition Policies for Growth in Lebanon: A General Equilibrium Analysis
- Competitive Conditions in the Turkish Non-Life Insurance Industry
