A Simple Measure for Evaluation of Trade Policy Options with Application to Botswana

James Leith ()

Journal of African Economies, 1995, vol. 4, issue 2, 243-58

Abstract: This paper develops a simple measure for evaluating the static welfare gains and losses from the trade policy options facing a small open economy. The alternatives of a customs union and a free trade agreement are considered relative to the go-it-alone base case. The measure can be implemented empirically with modest data requirements, and is used to evaluate the trade policy options facing Botswana. Copyright 1995 by Oxford University Press.

Date: 1995
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