Modeling Trade Policy: Applied General Equilibrium by Joseph F. Francois, Clinton R. Shiells

By Joseph F. Francois, Clinton R. Shiells

Utilized normal Equilibrium (AGE) types have confirmed to be the software of selection for interpreting the North American loose exchange contract (NAFTA). This assortment includes crucial contributions to this burgeoning literature through a few of the top practitioners within the box. It additionally comprises an intensive examine survey, together with comparisons of version dimensions, behavioral good points, info resources, coverage experiments, and major conclusions for coverage. the quantity includes a variety of methodological advances in AGE modeling of alternate coverage.

Show description

Read or Download Modeling Trade Policy: Applied General Equilibrium Assessments of North American Free Trade PDF

Best economic policy books

Economic Survey of Latin America and the Caribbean 2002-2003

This can be the fifty fifth variation within the sequence which supplies an overview of the economies of the Latin the USA and the Caribbean area in the course of 2002 and the 1st 1/2 2003. It comprises: an outline of the local economic system as a complete, when it comes to macroeconomic regulations and reforms, inner financial functionality and the exterior fiscal quarter; and short analyses of the industrial functionality of 20 international locations together with tables and information for the most fiscal signs.

Between Export Promotion and Poverty Reduction: The Foreign Economic Policy of Untying Official Development Assistance

The top of the chilly battle has caused many donors of professional improvement advice (ODA) to essentially realign their international reduction and alternate relatives. regardless of contemporary development in untying ODA and a few similar efforts to augment the final potency of foreign cooperation with the poorest nations, it continues to be unexplained why a few OECD states have liberalised their bilateral programmes to a substantial quantity – while others have persisted to take advantage of international relief as a way to advertise household exports.

Science Policies and Twentieth-Century Dictatorships: Spain, Italy and Argentina

Creating a clean contribution to the political background of technology, this publication explores the connections among the technological know-how rules of 3 nations that every skilled enormous political upheaval within the 20th century: Spain, Italy and Argentina. by way of focussing on those 3 nations, the participants may be able to current case reports that spotlight the features and specificities of the democratic and dictatorial political methods curious about the construction of technological know-how and know-how.

Supply Shock: Economic Growth at the Crossroads and the Steady State Solution

Politicians, economists, and Wall road may have us think that unlimited financial growth is the Holy Grail, and that there's no clash among transforming into the financial system and maintaining the surroundings. provide surprise debunks those extensively authorised myths and demonstrates that we're in reality navigating the tip of the period of financial development, and that the single sustainable replacement is the advance of a gradual kingdom economic climate.

Additional info for Modeling Trade Policy: Applied General Equilibrium Assessments of North American Free Trade

Sample text

And J. Whalley, eds. 1986. General equilibrium trade policy modeling. Cambridge, MA: MIT Press. S. Trade Representative. 1991. Response of the administration to issues raised in connection 44 Introduction with the negotiation of a North American free trade agreement. Transmitted to Congress by the president on May 1. S. International Trade Commission. 1991. The likely impact on the United States of a free trade agreement with Mexico. Publication 2353, February. 1992. Economy-wide modeling of the economic implications of a FTA with Mexico and a NAFTA with Canada and Mexico.

Fruit and vegetable market 1. Ad valorem tariff rates for Mexico 2. Urban and rural corn prices, given Mexico's corn tax and subsidy configuration 3. Value added tax rates for manufacturing and services 4. Direct tax rates on productive factors and households 5. Average cost, internal rate of return, and labor requirements for irrigation projects 1. Efficiency gains of Mexican corn liberalization are substantial but unevenly distributed 2. Gradualism does not greatly reduce efficiency gains but barely mitigates welfare losses for affected groups 3.

Direct tax rates on productive factors and households 5. Average cost, internal rate of return, and labor requirements for irrigation projects 1. Efficiency gains of Mexican corn liberalization are substantial but unevenly distributed 2. Gradualism does not greatly reduce efficiency gains but barely mitigates welfare losses for affected groups 3. Irrigation investments increase demand for rural labor and the value of rain-fed land, thereby mitigating the welfare losses caused by Mexican corn liberalization 4.

Download PDF sample

Rated 4.28 of 5 – based on 7 votes