Projected Benefits of the Doha Round Hinge on Misleading Trade Models

Lance Taylor and Rudiger von Arnim ()

No 2007-03, SCEPA policy note series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Abstract: Projected welfare gains from trade liberalization are derived from global computable general equilibrium (CGE) models, which are based on highly unrealistic assumptions. In this SCEPA Policy Note, the authors analyze the foundation of CGE models and argue that their predictions are often misleading. They find that any possible Doha trade agreement is likely to introduce substantial macroeconomic risk for developing countries, and particularly sub Saharan Africa.

Keywords: Welfare Gains; Doha Round; Trade; Liberalization (search for similar items in EconPapers)
JEL-codes: D63 E21 H2 H30 (search for similar items in EconPapers)
Pages: 3 pages
Date: 2007-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.economicpolicyresearch.org/images/docs ... e_Final_03_12_07.pdf (application/pdf)

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:epa:cepapn:2007_03

Access Statistics for this paper

More papers in SCEPA policy note series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School Contact information at EDIRC.
Bibliographic data for series maintained by Bridget Fisher ().