Fiscale Impact of the Trade Liberization: The Case of Syria

Conference Paper

Alkhatib, Mamdouh . 2001

• اسم المؤتمر: Femise Program
• عنوان المؤتمر: Marseille
• تاريخ المؤتمر: الأربعاء, آذار (مارس) 28, 2001
• المنظمة الراعية: Femise

مستخلص المنشور

Senarios of the trade liberization are studied in simulations of a static computable general equilibrium model of the Syrian economy. The standard model is modified to allow for government monopolies in selected sectors of the economy and for pecularities of the Syrian multiple exchange rate system. Structural features of the tariff system suggest low elasticities of substitution for industrial demands, so the production side of the domestic economy receives little stimuls from reduced tariff rates. As a result, lost tariff revenue basically benefits private consumption. The government budget deficit increases sizably under radical liberization senario. However, revenue losses are still manageable and comnensating measures, i.e. the introduction of general sales value added tax, are suggestives.