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Rules Of Thumb For Evaluating Preferential Trading Arrangements: Evidence From Cge Assessments

In: Trade Policies for Development and Transition

Author

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  • GLENN W. HARRISON
  • THOMAS F. RUTHERFORD
  • DAVID G. TARR

Abstract

Most interesting results on the welfare effects of regional arrangements are ambiguous at a theoretical level. Many questions only have quantitative answers that are specific to the particular model and policy considered. Thus, to determine the impact of prospective regional arrangements governments often rely on a quantitative evaluation. Usually at the request of a government involved, we have implemented a number of computable general equilibrium (CGE) models to inform policy-makers. We summarize the main conclusions we draw from these studies, focusing on applications in the Americas…

Suggested Citation

  • Glenn W. Harrison & Thomas F. Rutherford & David G. Tarr, 2017. "Rules Of Thumb For Evaluating Preferential Trading Arrangements: Evidence From Cge Assessments," World Scientific Book Chapters, in: Trade Policies for Development and Transition, chapter 7, pages 145-153, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813108448_0007
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    Cited by:

    1. is not listed on IDEAS
    2. Cornejo, Rafael & Granados, Jaime, 2006. "Convergence in the Americas: Some Lessons from the DR-CAFTA process," IDB Publications (Working Papers) 2438, Inter-American Development Bank.

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    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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