DOI:

Abstract

Based on the Dynamic Computable General Equilibrium (DCGE), the paper aims at calculating and simulating the impacts of cuts in import duty as required by WTO rules on changes in Vietnam's structure of industry in the long term. Simulation results show that labor-intensive industries will have chances to make the best use of their advantages for development while capital-intensive and highly protected industries will encounter difficulties. Sea-farming and aquatic product processing industry with proper care from investors and authorities, can deploy their advantages and are likely to gain the highest growth rate.

Keywords

Dynamic Computable General Equilibrium (DCGE); Changes In Structure Of Industry; Simulation.