The process of major economic reforms undertaken in the Indian economy has now completed six years of implementation. The unilateral reform measures in the industrial and trade policies of India along with reforms in the tax regime represent a significant departure from the policy framework of the preceding decades. Our paper evaluates the comparative static effects of selected trade and domestic policy reforms on trade, output, domestic prices, economic welfare, and the intersectoral allocation of resources using a computable general equilibrium (CGE) model of the Indian economy.
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Publisher Info
Paper provided by Research Seminar in International Economics, University of Michigan in its series Working Papers with number
413.
Rajesh Chadha & Sanjib Pohit & Alan V. Deardorff & Robert M. Stern, 1998.
"Analysis of India's Policy Reforms,"
The World Economy,
Blackwell Publishing, vol. 21(2), pages 235-259, 03.
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Find related papers by JEL classification: F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
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