Trade liberalisation and regional integration: the search for large numbers

We surveyed the empirical literature using multi-country computable general equilibrium (CGE) models to analyse potential and actual regional trade agreements (RTAs). The studies indicate that these RTAs improve welfare, that trade creation greatly exceeds trade diversion,and that they are consisten...

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Detalles Bibliográficos
Autores principales: Robinson, Sherman, Thierfelder, Karen
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 2002
Materias:
Acceso en línea:https://hdl.handle.net/10568/156692
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author Robinson, Sherman
Thierfelder, Karen
author_browse Robinson, Sherman
Thierfelder, Karen
author_facet Robinson, Sherman
Thierfelder, Karen
author_sort Robinson, Sherman
collection Repository of Agricultural Research Outputs (CGSpace)
description We surveyed the empirical literature using multi-country computable general equilibrium (CGE) models to analyse potential and actual regional trade agreements (RTAs). The studies indicate that these RTAs improve welfare, that trade creation greatly exceeds trade diversion,and that they are consistent with further global liberalisation. The welfare gains are bigger when models incorporate aspects of new trade theory such as increasing returns, imperfect competition, and links between trade liberalisation, total factor productivity growth, and capital accumulation." -- Authors' abstract
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spelling CGSpace1566922024-10-24T12:45:08Z Trade liberalisation and regional integration: the search for large numbers Robinson, Sherman Thierfelder, Karen trade liberalization economics equilibrium theory We surveyed the empirical literature using multi-country computable general equilibrium (CGE) models to analyse potential and actual regional trade agreements (RTAs). The studies indicate that these RTAs improve welfare, that trade creation greatly exceeds trade diversion,and that they are consistent with further global liberalisation. The welfare gains are bigger when models incorporate aspects of new trade theory such as increasing returns, imperfect competition, and links between trade liberalisation, total factor productivity growth, and capital accumulation." -- Authors' abstract 2002-12 2024-10-24T12:45:08Z 2024-10-24T12:45:08Z Journal Article https://hdl.handle.net/10568/156692 en Limited Access Wiley Robinson, Sherman; Thierfelder, Karen. 2002. Trade liberalisation and regional integration: the search for large numbers. Australian Journal of Agricultural and Resource Economics 46(4): 585 604. https://doi.org/10.1111/1467-8489.t01-1-00057
spellingShingle trade liberalization
economics
equilibrium theory
Robinson, Sherman
Thierfelder, Karen
Trade liberalisation and regional integration: the search for large numbers
title Trade liberalisation and regional integration: the search for large numbers
title_full Trade liberalisation and regional integration: the search for large numbers
title_fullStr Trade liberalisation and regional integration: the search for large numbers
title_full_unstemmed Trade liberalisation and regional integration: the search for large numbers
title_short Trade liberalisation and regional integration: the search for large numbers
title_sort trade liberalisation and regional integration the search for large numbers
topic trade liberalization
economics
equilibrium theory
url https://hdl.handle.net/10568/156692
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AT thierfelderkaren tradeliberalisationandregionalintegrationthesearchforlargenumbers