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Applied General Equilibrium Analysis of Small Open Economies with Scale Economies and Imperfect Competition

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  • Richard Harris

Abstract

An applied general equilibrium model of a small open economy is described. The model incorporates industrial organization structures heretofore absent from applied G.E. trade models. Scale economies, product differentiation and explicit price setting are novel model features. Some illustrative results for trade liberalization policies are given for a 1976 Canadian data set and contrasted with a conventional constant returns neoclassical model on the same data set. Results from the alternative models differ significantly.

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Bibliographic Info

Paper provided by Queen's University, Department of Economics in its series Working Papers with number 524.

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Length: 36
Date of creation: 1983
Date of revision:
Handle: RePEc:qed:wpaper:524

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