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  • 20190624-Patrick-Ssa-Reo-June-2019-Trade 17

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    Reducing non-tariff barriers (NTBs) in Africa, such as trade costs, provides larger welfare gains than reducing tariffs alone according to several economic studies. Multiple studies found that removing half of all NTBs in addition to tariffs would increase welfare across Africa by 0.63-3.81%, much greater than the 0.05-0.46% increase from tariffs alone. Results vary across countries, with very few expected to be worse off in absolute terms from these trade policy reforms.

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    Reducing non-tariff barriers (NTBs) in Africa, such as trade costs, provides larger welfare gains than reducing tariffs alone according to several economic studies. Multiple studies found that removing half of all NTBs in addition to tariffs would increase welfare across Africa by 0.63-3.81%, much greater than the 0.05-0.46% increase from tariffs alone. Results vary across countries, with very few expected to be worse off in absolute terms from these trade policy reforms.

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    6 views1 page

    20190624-Patrick-Ssa-Reo-June-2019-Trade 17

    Uploaded by

    retrogrades retrogrades
    Reducing non-tariff barriers (NTBs) in Africa, such as trade costs, provides larger welfare gains than reducing tariffs alone according to several economic studies. Multiple studies found that removing half of all NTBs in addition to tariffs would increase welfare across Africa by 0.63-3.81%, much greater than the 0.05-0.46% increase from tariffs alone. Results vary across countries, with very few expected to be worse off in absolute terms from these trade policy reforms.

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    of 1

    Larger Welfare Payoffs From

    Reducing Non-Tariff Bottlenecks


    Main results from CGE models
    AFR-wide NTB
    welfare scenario With tariff reductions, intra-
    impact 1/ (additional)
    African trade increases, but limited
    AFDB (2019) 0.10% 0.63%
    Abrego et al. (2019) 0.05% 3.81%
    welfare and growth effects
    Chauvin et al. (2016) 0.46% 1.66%
    Reducing NTBs/trade costs
    UNECA (Mevel & Karingi, 2013) 3/ 0.20% 1.00%
    improves welfare effects
    1/ Wel fa re i s mea s ured a s the cha nge i n equiva l ent va ri a ti on - a
    s ta nda rd mea s ure i n CGE model s . substantially
    2/ Impa ct reported rel a tes to removi ng a bout ha l f of NTBs , on top of
    removi ng a l l i ntra -Afri ca n ta ri ffs . Results vary greatly across
    3/ NTBs defi ned a s tra de fa ci l i ta ti on mea s ures . countries. Very few countries worse
    off in absolute levels.

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