Industrial Organisation Foundations Of Trade Policy Modelling
General equilibrium models of Canada/US free trade have produced a wide range of predictions of the impact on the Canadian economy. This paper analyses the models from an 'industrial organisation' perspective, focusing on differences in assumptions about market elasticities and pricing behaviour. The approach succeeds in encompassing the range of predictions from the models. The results have implications for agricultural policy modelling.
Volume (Year): 33 (1989)
Issue (Month): 01 (April)
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- Caves, Richard E., 1985. "International trade and industrial organization: Problems, solved and unsolved," European Economic Review, Elsevier, vol. 28(3), pages 377-395, August. Full references (including those not matched with items on IDEAS)
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