AfCFTA: Does it fast-track structural transformation in Senegal?
- Autores
- Maty Sall, Leysa; Ramos, Maria Priscila
- Año de publicación
- 2021
- Idioma
- inglés
- Tipo de recurso
- documento de conferencia
- Estado
- versión publicada
- Descripción
- The African Continental Free Trade Agreement (AfCFTA) has recently entered into force and it appears as a possibility of economic growth and structural transformation for most African countries. Senegal is among the 54 countries that had signed and the 28 countries that had ratified the agreements.The aim of this paper is to evaluate the impact of intra-Africa tariff reduction/elimination in the AfCFTA framework for Senegal industrial transformation through trade and labour market impact. Four scenarios of the AfCFTA have been simulated, from full to partial liberalization, with a Senegal multi-sector static CGE model based on the STAGE CGE model. The economic transformation is assessed in terms of both international trade composition (intra-African versus trade with the rest of the world), domestic output, consumption pattern in rural and urban regions of the country and main macroeconomic indicators. Results suggest some trade diversion effects. Assuming the elimination of Senegal tariffs on all African products, main increase on imports come from sectors such as forestry, tobacco, grain milling, leather and footwear, and food crops. In addition, production increases mainly for manufacturing sectors including manufactured food , chemicals, cash crops , processed tobacco, hotels, fertilizers and machines . In contrast, production decreases for mining products, glass and pottery , food crops and forestry whose production is substituted by imports. Members can experience changes in production and consumption structures, by improving value chains integration through trade. Finally, macroeconomic impacts show that the elimination of trade barriers has the potential to boost trade and transform the production structure of Senegalese economy. However, the choice of sensitive products to be excluded is critical and have several implications.
Fil: Maty Sall, Leysa. International Food Policy Research Institute; Estados Unidos
Fil: Ramos, Maria Priscila. Consejo Nacional de Investigaciones Científicas y Técnicas. Oficina de Coordinación Administrativa Saavedra 15. Instituto Interdisciplinario de Economía Política de Buenos Aires. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires; Argentina. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Departamento de Economía; Argentina
24th Annual Conference on Global Economic Analysis
Washington
Estados Unidos
Global Trade Analysis Project
Colorado State University - Materia
-
Senegal
AfCFTA
Structural transformation
CGE modelling - Nivel de accesibilidad
- acceso abierto
- Condiciones de uso
- https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
- Repositorio
- Institución
- Consejo Nacional de Investigaciones Científicas y Técnicas
- OAI Identificador
- oai:ri.conicet.gov.ar:11336/176548
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AfCFTA: Does it fast-track structural transformation in Senegal?Maty Sall, LeysaRamos, Maria PriscilaSenegalAfCFTAStructural transformationCGE modellinghttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5The African Continental Free Trade Agreement (AfCFTA) has recently entered into force and it appears as a possibility of economic growth and structural transformation for most African countries. Senegal is among the 54 countries that had signed and the 28 countries that had ratified the agreements.The aim of this paper is to evaluate the impact of intra-Africa tariff reduction/elimination in the AfCFTA framework for Senegal industrial transformation through trade and labour market impact. Four scenarios of the AfCFTA have been simulated, from full to partial liberalization, with a Senegal multi-sector static CGE model based on the STAGE CGE model. The economic transformation is assessed in terms of both international trade composition (intra-African versus trade with the rest of the world), domestic output, consumption pattern in rural and urban regions of the country and main macroeconomic indicators. Results suggest some trade diversion effects. Assuming the elimination of Senegal tariffs on all African products, main increase on imports come from sectors such as forestry, tobacco, grain milling, leather and footwear, and food crops. In addition, production increases mainly for manufacturing sectors including manufactured food , chemicals, cash crops , processed tobacco, hotels, fertilizers and machines . In contrast, production decreases for mining products, glass and pottery , food crops and forestry whose production is substituted by imports. Members can experience changes in production and consumption structures, by improving value chains integration through trade. Finally, macroeconomic impacts show that the elimination of trade barriers has the potential to boost trade and transform the production structure of Senegalese economy. However, the choice of sensitive products to be excluded is critical and have several implications.Fil: Maty Sall, Leysa. International Food Policy Research Institute; Estados UnidosFil: Ramos, Maria Priscila. Consejo Nacional de Investigaciones Científicas y Técnicas. Oficina de Coordinación Administrativa Saavedra 15. Instituto Interdisciplinario de Economía Política de Buenos Aires. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires; Argentina. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Departamento de Economía; Argentina24th Annual Conference on Global Economic AnalysisWashingtonEstados UnidosGlobal Trade Analysis ProjectColorado State UniversityPurdue University2021info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/conferenceObjectConferenciaJournalhttp://purl.org/coar/resource_type/c_5794info:ar-repo/semantics/documentoDeConferenciaapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/176548AfCFTA: Does it fast-track structural transformation in Senegal?; 24th Annual Conference on Global Economic Analysis; Washington; Estados Unidos; 2021; 1-26CONICET DigitalCONICETenghttps://www.gtap.agecon.purdue.edu/events/conferences/2021/index.aspxinfo:eu-repo/semantics/altIdentifier/url/https://www.gtap.agecon.purdue.edu/resources/res_display.asp?RecordID=6255Internacionalinfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-29T09:44:27Zoai:ri.conicet.gov.ar:11336/176548instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-29 09:44:27.379CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse |
dc.title.none.fl_str_mv |
AfCFTA: Does it fast-track structural transformation in Senegal? |
title |
AfCFTA: Does it fast-track structural transformation in Senegal? |
spellingShingle |
AfCFTA: Does it fast-track structural transformation in Senegal? Maty Sall, Leysa Senegal AfCFTA Structural transformation CGE modelling |
title_short |
AfCFTA: Does it fast-track structural transformation in Senegal? |
title_full |
AfCFTA: Does it fast-track structural transformation in Senegal? |
title_fullStr |
AfCFTA: Does it fast-track structural transformation in Senegal? |
title_full_unstemmed |
AfCFTA: Does it fast-track structural transformation in Senegal? |
title_sort |
AfCFTA: Does it fast-track structural transformation in Senegal? |
dc.creator.none.fl_str_mv |
Maty Sall, Leysa Ramos, Maria Priscila |
author |
Maty Sall, Leysa |
author_facet |
Maty Sall, Leysa Ramos, Maria Priscila |
author_role |
author |
author2 |
Ramos, Maria Priscila |
author2_role |
author |
dc.subject.none.fl_str_mv |
Senegal AfCFTA Structural transformation CGE modelling |
topic |
Senegal AfCFTA Structural transformation CGE modelling |
purl_subject.fl_str_mv |
https://purl.org/becyt/ford/5.2 https://purl.org/becyt/ford/5 |
dc.description.none.fl_txt_mv |
The African Continental Free Trade Agreement (AfCFTA) has recently entered into force and it appears as a possibility of economic growth and structural transformation for most African countries. Senegal is among the 54 countries that had signed and the 28 countries that had ratified the agreements.The aim of this paper is to evaluate the impact of intra-Africa tariff reduction/elimination in the AfCFTA framework for Senegal industrial transformation through trade and labour market impact. Four scenarios of the AfCFTA have been simulated, from full to partial liberalization, with a Senegal multi-sector static CGE model based on the STAGE CGE model. The economic transformation is assessed in terms of both international trade composition (intra-African versus trade with the rest of the world), domestic output, consumption pattern in rural and urban regions of the country and main macroeconomic indicators. Results suggest some trade diversion effects. Assuming the elimination of Senegal tariffs on all African products, main increase on imports come from sectors such as forestry, tobacco, grain milling, leather and footwear, and food crops. In addition, production increases mainly for manufacturing sectors including manufactured food , chemicals, cash crops , processed tobacco, hotels, fertilizers and machines . In contrast, production decreases for mining products, glass and pottery , food crops and forestry whose production is substituted by imports. Members can experience changes in production and consumption structures, by improving value chains integration through trade. Finally, macroeconomic impacts show that the elimination of trade barriers has the potential to boost trade and transform the production structure of Senegalese economy. However, the choice of sensitive products to be excluded is critical and have several implications. Fil: Maty Sall, Leysa. International Food Policy Research Institute; Estados Unidos Fil: Ramos, Maria Priscila. Consejo Nacional de Investigaciones Científicas y Técnicas. Oficina de Coordinación Administrativa Saavedra 15. Instituto Interdisciplinario de Economía Política de Buenos Aires. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política de Buenos Aires; Argentina. Universidad de Buenos Aires. Facultad de Ciencias Económicas. Departamento de Economía; Argentina 24th Annual Conference on Global Economic Analysis Washington Estados Unidos Global Trade Analysis Project Colorado State University |
description |
The African Continental Free Trade Agreement (AfCFTA) has recently entered into force and it appears as a possibility of economic growth and structural transformation for most African countries. Senegal is among the 54 countries that had signed and the 28 countries that had ratified the agreements.The aim of this paper is to evaluate the impact of intra-Africa tariff reduction/elimination in the AfCFTA framework for Senegal industrial transformation through trade and labour market impact. Four scenarios of the AfCFTA have been simulated, from full to partial liberalization, with a Senegal multi-sector static CGE model based on the STAGE CGE model. The economic transformation is assessed in terms of both international trade composition (intra-African versus trade with the rest of the world), domestic output, consumption pattern in rural and urban regions of the country and main macroeconomic indicators. Results suggest some trade diversion effects. Assuming the elimination of Senegal tariffs on all African products, main increase on imports come from sectors such as forestry, tobacco, grain milling, leather and footwear, and food crops. In addition, production increases mainly for manufacturing sectors including manufactured food , chemicals, cash crops , processed tobacco, hotels, fertilizers and machines . In contrast, production decreases for mining products, glass and pottery , food crops and forestry whose production is substituted by imports. Members can experience changes in production and consumption structures, by improving value chains integration through trade. Finally, macroeconomic impacts show that the elimination of trade barriers has the potential to boost trade and transform the production structure of Senegalese economy. However, the choice of sensitive products to be excluded is critical and have several implications. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021 |
dc.type.none.fl_str_mv |
info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/conferenceObject Conferencia Journal http://purl.org/coar/resource_type/c_5794 info:ar-repo/semantics/documentoDeConferencia |
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publishedVersion |
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conferenceObject |
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http://hdl.handle.net/11336/176548 AfCFTA: Does it fast-track structural transformation in Senegal?; 24th Annual Conference on Global Economic Analysis; Washington; Estados Unidos; 2021; 1-26 CONICET Digital CONICET |
url |
http://hdl.handle.net/11336/176548 |
identifier_str_mv |
AfCFTA: Does it fast-track structural transformation in Senegal?; 24th Annual Conference on Global Economic Analysis; Washington; Estados Unidos; 2021; 1-26 CONICET Digital CONICET |
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eng |
language |
eng |
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Purdue University |
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Purdue University |
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