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In a meta-analysis of trade policy models, Hess and von Cramon-Taubadel (2008) use over 5800 simulated welfare effects from 110 studies of potential Doha Development Agenda outcomes to identify characteristics of models, data and policy experiments that influence simulation results. This...
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Quantification of welfare changes due to trade liberalisation play a crucial role for political decision making. However, meaningful comparisons of simulation results from different sources are difficult. Often significant differences in simulated gains from liberalisation do not serve to...
Persistent link: https://www.econbiz.de/10009442503
Quantification of welfare changes due to trade liberalisation play a crucial role for political decision making. However, meaningful comparisons of simulation results from different sources are difficult. Often significant differences in simulated gains from liberalisation do not serve to...
Persistent link: https://www.econbiz.de/10005484019
Economists use partial and general equilibrium trade simulation models to estimate the impact of changes in domestic policies and international trade rules. During the WTO Doha Development Agenda (DDA) negotiations economists have produced many different estimates of the gains that would result...
Persistent link: https://www.econbiz.de/10011069816