| Resumen: |
The main objective of this study is to estimate the impact of trade and human capital formation on poverty, and assess the complementarities between both sets of policies. To achieve this goal we use several methodologies. First, we build a dynamic Computable General Equilibrium (CGE) model and use it to analyze the macroeconomic effects of two FTAs (DR-CAFTA and EUCAAA). Secondly, using a “top-down” approach, we assess the microeconomic effects on households when the macro policies are implemented. Finally, we implement a human capital satellite model and use it to assess the effects of human capital policies on labor efficiency and labor supply by different skill types. We then interlink the satellite model with the CGE model to interact trade and human capital policies at the macro level. The combination of these methodologies enables use to conduct a rich analysis of each policy (education and trade), their interactions and complementarities. |
