Computable general equilibrium (CGE) models of world trade, often presented as demonstrating the benefits of trade liberalization, now make much more modest forecasts than they did just a few years ago. The estimated benefits are not only small in the aggregate, but also skewed toward developed countries; the expected contribution of trade liberalization to economic development and poverty alleviation is extremely limited. Related calculations, for the expected benefits of services liberalization, trade facilitation measures, and long-term productivity gains from trade liberalization, remain problematical and/or speculative. The empirical limitations of CGE forecasts rest on broader theoretical weaknesses: the models are largely locked with...
A review of recent research suggests that conventional trade models grossly underestimate the countr...
This study offers new conclusions on the economic cost of a failed Doha Round. The first section is ...
JEL classification: C68; Q17International audienceIn this paper, we try to evaluate changes in welfa...
Computable general equilibrium (CGE) models of world trade, often presented as demonstrating the ben...
Computable general equilibrium (CGE) models of world trade, often presented as demonstrating the ben...
"Trade liberalization is expected to act positively on world economic development and poverty allevi...
Trade liberalization is expected to act positively on development and poverty alleviation, both of w...
A number of models – developed in particular in the World Bank – show large gains for developing c...
"Trade liberalization is expected to act positively on world economic development and poverty allevi...
The world community and international institutions have made development and poverty alleviation a h...
Without being exhaustive, I compiled a survey of 16 assessments, using CGE models, of the global con...
The Doha Round faced a long series of launch-delays and a spectacular launch-failure in Seattle in 1...
Using a dynamic computable general equilibrium model of the world economy (MIRAGE), we simulate the ...
We investigate the theoretical relationship between trade policy and growth. We use simple versions ...
Economists use partial and general equilibrium trade simulation models to estimate the impact of cha...
A review of recent research suggests that conventional trade models grossly underestimate the countr...
This study offers new conclusions on the economic cost of a failed Doha Round. The first section is ...
JEL classification: C68; Q17International audienceIn this paper, we try to evaluate changes in welfa...
Computable general equilibrium (CGE) models of world trade, often presented as demonstrating the ben...
Computable general equilibrium (CGE) models of world trade, often presented as demonstrating the ben...
"Trade liberalization is expected to act positively on world economic development and poverty allevi...
Trade liberalization is expected to act positively on development and poverty alleviation, both of w...
A number of models – developed in particular in the World Bank – show large gains for developing c...
"Trade liberalization is expected to act positively on world economic development and poverty allevi...
The world community and international institutions have made development and poverty alleviation a h...
Without being exhaustive, I compiled a survey of 16 assessments, using CGE models, of the global con...
The Doha Round faced a long series of launch-delays and a spectacular launch-failure in Seattle in 1...
Using a dynamic computable general equilibrium model of the world economy (MIRAGE), we simulate the ...
We investigate the theoretical relationship between trade policy and growth. We use simple versions ...
Economists use partial and general equilibrium trade simulation models to estimate the impact of cha...
A review of recent research suggests that conventional trade models grossly underestimate the countr...
This study offers new conclusions on the economic cost of a failed Doha Round. The first section is ...
JEL classification: C68; Q17International audienceIn this paper, we try to evaluate changes in welfa...