Since 2014
IMPACTS OF EXTERNAL PRICE SHOCKS ON THE PALESTINIAN ECONOMY
Research Journal of Economics, Business and ICT
View Archive Info| Field | Value | |
| Title |
IMPACTS OF EXTERNAL PRICE SHOCKS ON THE PALESTINIAN ECONOMY
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| Creator |
Eltalla, Abdel Hakeem Ahmad; Faculty of Business and Finance, Alaqsa University, Gaza,
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| Subject |
Economic topic
Trade Liberalization, External Price Shocks, Computable General Equilibrium, Palestinian economy. C68; F41; F43; O11 |
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| Description |
This paper investigates the impact of import price shocks (known as external price shocks) by 10% from the base line on the aggregate Palestinian economy variables. A simulation of external shocks is carried out using a 2012 Palestinian Social Accounting Matrix (SAM) and Computable General Equilibrium (CGE). The simulation results show that real GDP decreases by 2.91% and nominal GDP declines by 7.54%. Import and export decreases by 23.12 % and 17.37% respectively. The trade deficit will decline by 8.95 % after external price shock. A 10 percent external price shock will reduce the level of private consumption by 14.92 % from the base line and real exchange rate (REXR) will decrease (devalue) by 12.50% from the base line.
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| Publisher |
English Time Schools & Overseas Education
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| Contributor |
—
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| Date |
2014-12-17
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://ojs.journals.cz/index.php/RJEBI/article/view/571
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| Source |
Research Journal of Economics, Business and ICT; Vol 9, No 2 (2014)
2047-7848 2045-3345 |
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| Language |
eng
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| Relation |
http://ojs.journals.cz/index.php/RJEBI/article/view/571/526
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| Rights |
Copyright (c) 2014 Abdel Hakeem Ahmad Eltalla
https://creativecommons.org/licenses/by/3.0/ |
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