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Market Structure and Trade Liberalization: A General Equilibrium Assessment

Richard Harris

Working Paper from Economics Department, Queen's University

Abstract: The paper examines the consequences of a 50 percent cut of tariff and non-tariff barriers within an applied general equilibrium model of the Canadian economy. The large welfare gains are explained in terms of scale economics and the procompetitive effects of import competition. Sensitivity results are also reported.

Date: 1984
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