Skip navigation
Skip navigation

Sources of welfare gains and losses in forming a protective trade area

Yang, Yongzheng

Description

The conventional approach to the welfare analysis of preferential trade areas (PTAs) often focuses exclusively on the import side and ignores the export side. Together with the homogenous product assumption, this tends to bias the assessment of the terms of trade impact of PTAs and omit their general equilibrium effect. In this paper, the GTAP global general equilibrium model is used to address these shortcomings. Decomposition is undertaken to reveal the sources of welfare changes. By taking...[Show more]

CollectionsANU Research Publications
Date published: 1998
Type: Working/Technical Paper
URI: http://hdl.handle.net/1885/40368
http://digitalcollections.anu.edu.au/handle/1885/40368

Download

File Description SizeFormat Image
di98-1.pdf159.41 kBAdobe PDFThumbnail


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  23 August 2018/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator