Modeling Trade Policy
Applied General Equilibrium Assessments of North American Free Trade
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Modeling Trade Policy by Joseph F. Francois
Book DescriptionApplied 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.
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Book DetailsISBN: 9780521087568
(228mm x 152mm x 21mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 11-Dec-2008
Country of Publication: United Kingdom
Books By Author Joseph F. Francois
Dynamic Issues in Commercial Policy Analysis, Paperback (December 2010)
Dynamic Issues in Commercial Policy Analysis focuses on the explicit specification of dynamic mechanisms in trade models.
Pan-Asian Integration, Hardback (March 2009)
This book examines the economic, political and institutional dimensions of pan-Asian integration. With little progress made in the Doha Round, there is heightened interest in deeper regional integration in Asia. The book explores regional patterns of trade and investment and the potential for deeper integration.
Applied Methods for Trade Policy Analysis, Paperback (February 1998)» View all books by Joseph F. Francois
This book provides a comprehensive introduction to the applied economic modeling of trade policies.
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