Quantitative Models of Commercial Policy
Ralph Ossa
No 22062, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
What tariffs would countries impose if they did not have to fear any retaliation? What would occur if there was a complete breakdown of trade policy cooperation? What would be the outcome if countries engaged in fully efficient trade negotiations? And what would happen to trade policy cooperation if the world trading system had a different institutional design? While such questions feature prominently in the theoretical trade policy literature, they have proven difficult to address empirically, because they refer to what-if scenarios for which direct empirical counterparts are hard to find. In this chapter, I introduce research which suggests overcoming this difficulty by applying quantitative models of commercial policy.
JEL-codes: F12 F13 O19 (search for similar items in EconPapers)
Date: 2016-03
New Economics Papers: this item is included in nep-int
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