RULES OF THUMB FOR EVALUATING PREFERENTIAL TRADING ARRANGEMENTS: EVIDENCE FROM CGE ASSESSMENTS

Glenn Harrison, Thomas F. Rutherford and David Tarr

Chapter 7 in Trade Policies for Development and Transition, 2017, pp 145-153 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Most interesting results on the welfare effects of regional arrangements are ambiguous at a theoretical level. Many questions only have quantitative answers that are specific to the particular model and policy considered. Thus, to determine the impact of prospective regional arrangements governments often rely on a quantitative evaluation. Usually at the request of a government involved, we have implemented a number of computable general equilibrium (CGE) models to inform policy-makers. We summarize the main conclusions we draw from these studies, focusing on applications in the Americas…

Keywords: International Trade Policy; Developing Countries; Transition Countries; Growth; Poverty; Environment; Multilateral; Adjustment Costs; Autos and Steel (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Date: 2017
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Journal Article: Rules of Thumb for Evaluating Preferential Trading Arrangement: Evidence from CGE Assessments (2003)
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