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Modeling Trade Policy

Modeling Trade Policy Applied General Equilibrium Assessments of North American Free Trade

Paperback (12 Nov 2008)

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Publisher's Synopsis

Applied general equilibrium (AGE) models have received considerable attention and scrutiny in the public debate over the North American Free Trade Agreement (NAFTA). This collection brings together the leading AGE models that have been constructed to analyse NAFTA. A variety of approaches to modelling trade liberalization are taken in these studies, including multi-country and multi-sectoral models, models that focus on institutional features of particular sectors (agricultural, autos, steel, textiles and apparel) affecting multinational firms and rules of origin, and models with some inter-temporal structure. Further, by constructing stylized models, theoretical linkages have been identified that drive numerical results in the larger AGE models. The volume also assesses what can be learned about the likely economic effects of NAFTA from the collection of studies taken as a whole. Areas in need of further study have been highlighted.

About the Publisher

Cambridge University Press

Cambridge University Press dates from 1534 and is part of the University of Cambridge. We further the University's mission by disseminating knowledge in the pursuit of education, learning and research at the highest international levels of excellence.

Book information

ISBN: 9780521087568
Publisher: Cambridge University Press
Imprint: Cambridge University Press
Pub date:
DEWEY: 382.71097
DEWEY edition: 22
Language: English
Number of pages: 368
Weight: 550g
Height: 210mm
Width: 150mm
Spine width: 21mm