Gains and losses from potential bilateral US–China trade retaliation

Yan Dong () and John Whalley

Economic Modelling, 2012, vol. 29, issue 6, 2226-2236

Abstract: Two closely related numerical general equilibrium models of world trade are used to analyze the potential consequences of US–China bilateral retaliation on trade flows and welfare. One is a conventional Armington trade model with five regions, the US, China, EU, Japan and the Rest of the World, and calibrated to a global 2009 micro consistent data set. The other is a modified version of this model with monetary non-neutrals and including China's trade surplus as an endogenous variable.

Keywords: Trade retaliation; Gains; Losses; US; China; General equilibrium (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (9)

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Working Paper: Gains and Losses from Potential Bilateral US-China Trade Retaliation (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:29:y:2012:i:6:p:2226-2236

DOI: 10.1016/j.econmod.2012.07.001

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