@article{Sharma:332245,
      recid = {332245},
      author = {Sharma, Sachin Kumar and Kallummal, Murali},
      title = {A GTAP Analysis of the Proposed BRICS Free Trade  Agreement},
      address = {2012},
      pages = {26},
      year = {2012},
      note = {Presented at the 15th Annual Conference on Global Economic  Analysis, Geneva, Switzerland},
      abstract = {The negotiations for the BRICS FTA have made a significant  progress with the four summit level meeting among proposed  BRICS FTA. This study used the GTAP model on 57 tradable  commodities and nine regions of the world to understand the  likely impact of possible BRICS FTA. . In this study, 113  regions given in GTAP data base is mapped to nine regions  namely Brazil, Russia, India, China, South Africa, ASEAN,  USA, EU and Rest of the World by using GTAP database. This  study updates the tariff protection for the nine regions  and analyses the possible impacts on various indicators. A  scenario of a full FTA between BRICS members is simulated  using the GTAP model. Under this scenario, import  protection within the BRICS member were removed but  maintained between the Non­BRICS countries. Overall, the  impact of proposed BRICS FTA would be positive for India as  macroeconomics indicators (except trade balance) show  positive change. However, at the disaggregate level, result  vary across 57 sectors.},
      url = {http://ageconsearch.umn.edu/record/332245},
}