Market Growth, Structural Change, and the Gains from the Uruguay Round

Christian Friis Bach, Betina Dimaranan, Thomas Hertel and Will Martin

Review of International Economics, 2000, vol. 8, issue 2, 295-310

Abstract: It is found that market growth and structural changes will affect the results of quantitative analyses of the Uruguay Round. Rapid economic growth in Asia, and relatively deeper cuts in protection in that region, result in larger proportionate welfare gains in the year 2005 than in the year 1992. It is also found that changing comparative advantage, and shifts in global demand, result in substantial changes in the restrictive effects of the bilateral quotas on textiles and apparel. Accounting for the factors associated with market growth and structural change adds 30% to the estimates of global welfare gains from the Uruguay Round.

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
https://doi.org/10.1111/1467-9396.00222

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:reviec:v:8:y:2000:i:2:p:295-310

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0965-7576

Access Statistics for this article

Review of International Economics is currently edited by E. Kwan Choi

More articles in Review of International Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().