Simulating the Effects of Trade Liberalisation

Sam Laird and Alexander Yeats
Additional contact information
Sam Laird: The World Bank
Alexander Yeats: The World Bank

Chapter 3 in Quantitative Methods for Trade-Barrier Analysis, 1990, pp 58-87 from Palgrave Macmillan

Abstract: Abstract While estimates of ad valorem equivalents for nontariff barriers have important independent uses, such as the provision of a standard for assessing concessions in multilateral trade negotiations, they also constitute a key input into empirical analyses that quantify their trade and other economic effects. In other words, once nominal equivalents of NTBs have been derived using the procedures discussed in Chapter 2 this information can be utilised in general or partial equilibrium trade models to empirically assess the likely effects of their modification on policy variables such as employment, welfare, balance of payment and exchange rates, imports and exports, or prices and incomes. Since many of the studies surveyed in Chapter 5 deal with the influence of NTBs on these policy variables, it is important to understand how these effects have been estimated.

Keywords: Trade Liberalisation; Nontariff Barrier; Trade Diversion; Trade Creation; Foreign Supplier (search for similar items in EconPapers)
Date: 1990
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-1-349-11141-1_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349111411

DOI: 10.1007/978-1-349-11141-1_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().