Open AccessJournal Article
Trade Policy Options for Chile
TLDR
The authors used a multisector, multicountry, computable general equilibrium model to examine Chile's strategy of "additive regionalism" to negotiate bilateral free trade agreements with all of its significant trading partners.Abstract:
This article uses a multisector, multicountry, computable general equilibrium model to examine Chile's strategy of "additive regionalism"--negotiating bilateral free trade agreements with all of its significant trading partners. Taking Chile's regional arrangements bilaterally, only its agreements with Northern partners provide sufficient market access to overcome trade diversion costs. Due to preferential market access, however, additive regionalism is likely to provide Chile with gains that are many multiples of the static welfare gains from unilateral free trade. At least one partner country loses from each of the regional agreements considered, and excluded countries as a group always lose. Gains to the world from global free trade are estimated to be vastly larger than gains from any of the regional arrangements.read more
Citations
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Journal ArticleDOI
Trade Liberalization and Poverty: The Evidence So Far
TL;DR: The authors assesses the current state of evidence on the impact of trade policy reform on poverty in developing countries and argues that there is no simple generalizable conclusion about the relationship between trade liberalization and poverty, and the picture is much less negative than is often suggested.
Journal ArticleDOI
Efficiency and Substitutability of Transit Subsidies and Other Urban Transport Policies
Leonardo J. Basso,Hugo E. Silva +1 more
TL;DR: In this paper, the efficiency of and the substitutability between three urban congestion management policies: transit subsidization, car congestion pricing, and dedicated bus lanes, were analyzed using data from London, UK and Santiago, Chile.
BookDOI
Regional trade policy options for Tanzania : the importance of services commitments
Jesper Jensen,David G. Tarr +1 more
TL;DR: This paper developed a 52 sector applied general equilibrium model of Tanzania with foreign direct investment, and used that model to assess Tanzania's regional and multilateral trade options, finding that a 50 percent preferential reduction in the ad valorem equivalents of barriers in all business services by Tanzania with respect to its African regional partners would be slightly beneficial for Tanzania.
BookDOI
Deep trade policy options for Armenia : the importance of services, trade facilitation and standards liberalization
Jesper Jensen,David G. Tarr +1 more
TL;DR: In this paper, the authors developed an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on Armenia of a Deep and Comprehensive Free Trade Agreement with the European Union, as well as further regional or multilateral trade policy commitments.
Posted Content
Introduction and Key Tables from: Services Liberalization in Preferential Trade Arrangements: The Case of Kenya
TL;DR: In this article, a general equilibrium model of Kenya with monopolistic competition, foreign direct investment in services and Dixit-Stiglitz endogenous productivity effects was developed to assess preferential commitments by Kenya to foreign services providers.
References
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Book ChapterDOI
Global Trade Analysis: Overview of the GTAP data base
Mark J. Gehlhar,Denice Gray,Thomas W. Hertel,Karen Huff,Elena Ianchovichina,Bradley J. McDonald,Robert McDougall,Marinos E. Tsigas,Randall Wigle +8 more
Posted Content
The Economic Impact of the European Community
Posted Content
Demands and Supply factors in the Determination of Nie Exports: A Simulaneous Error-Correlation Model for Hong Kong: A Comment
TL;DR: The authors showed that Muscatelli, Srinivasan, and Vines's results are due entirely to an unjustifiable restriction they imposed on the estimated export demand equation and not the result of using a superior estimation technique, as they asserted.
Journal ArticleDOI
Preferential trading agreements: An investigation
TL;DR: In this paper, a three-country general equilibrium model of international trade in an arbitrary number of goods is constructed and the welfare effects of the formation of a preferential trading club (e.g. customs union, free trade area) are analyzed.
Journal ArticleDOI
Demand and Supply Factors in the Determination of Nie Exports: A Simultaneous Error-Correction Model for Hong Kong: A Comment
TL;DR: This article showed that Muscatelli, Srinivasan, and Vines's results are due entirely to an unjustifiable restriction they imposed on the estimated export demand equation and not the result of using a superior estimation technique, as they asserted.