Open AccessDOI
US adjustment in the 1990s: a CGE analysis of alternative trade strategies.
TLDR
In this paper, the authors investigate the implications for the structure of the U. S. economy of a reduction in the trade deficit by assuming an environment of successful world trade liberalization and an alternative view is that the world economy will lapse into a protectionist environment.Abstract:
This paper investigates the implications for the structure of the U. S. economy of a reduction in the U. S. trade deficit. We explore two alternative adjustment scenarios. First, we assume an environment of successful world trade liberalization. An alternative view is that the world economy will lapse into a protectionist environment. We use a 30-sector computable general equilibrium (CGE) model of the United States to analyze the impact of these two scenarios. When analyzing the protectionist scenario, we do a variety of experiments designed to explore the impact of protectionist policies on the U. S. economy. [C68, F13]read more
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Book ChapterDOI
Applied Methods for Trade Policy Analysis: Simple General Equilibrium Modeling
TL;DR: This chapter describes how to specify, solve, and draw policy lessons from small, two-sector,· general equilibrium models of open, developing economies.
Journal ArticleDOI
Free Trade Agreements and the SADC Economies
TL;DR: In this paper, the impact of trade liberalization on countries, sectors, and factors in Southern Africa was analyzed using a multi-country, computable general equilibrium (CGE) model.
Posted Content
Beyond the Uruguay Round: The Implications of an Asian Free Trade Area
TL;DR: In this article, the authors explore the impact of a free trade area on trade, welfare, and economic structure of the Pacific Rim economies and the European Union, and the implications of forming a partial free-trade area, excluding such potential partners as China, the Association of Southeast Asian Nations (ASEAN) economies, or the United States.
Book
Regional Trading Arrangements Among Developing Countries: The Asean Example
TL;DR: DeRosa as mentioned in this paper examines the experiences of the Association of Southeast Asian Nations (ASEAN) with regional investment and trade arrangements and presents a quantitative analysis of the economic implications of the new ASEAN Free Trade Area (AFTA).
Modelos de equilíbrio geral aplicados na análise de políticas fiscais: uma revisão da literatura
TL;DR: Palavras-chave et al. as discussed by the authors presented the general characteristics of the models of computable general equilibrium, its theoretical bedding, and its forms of empirical application and showed the main uses of these models in the analysis of economic policies.
References
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Posted Content
An Almost Ideal Demand System
TL;DR: The Almost Ideal Demand System (AIDS) as mentioned in this paper is a first-order approximation of the Rotterdam and translog models, which has been used to test the homogeneity and symmetry restrictions of demand analysis.
Journal ArticleDOI
A Theory of Demand for Products Distinguished by Place of Production (Une théorie de la demande de produits différenciés d'après leur origine) (Una teorÃa de la demanda de productos distinguiéndolos según el lugar de producción)
TL;DR: In this article, Solow et al. present an approach for the analysis of the variation of a flux commercial particulier entre pays in the context of recherche.
Journal ArticleDOI
Linear expenditure systems and demand analysis : an application to the pattern of British demand
A Three-Factor Model in Theory, Trade and History
TL;DR: In this article, Bhagwati et al. discuss the trade, balance of payments and growth in the Indian economy, and the impact of trade on economic growth. But they do not discuss the role of trade in economic development.