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This book examines the economic, political and institutional
dimensions of pan-Asian integration. With little progress made in
the Doha Round, there is heightened interest in deeper regional
integration in Asia. The book explores regional patterns of trade
and investment and the potential for deeper integration.
First published in 1999, Dynamic Issues in Commercial Policy
Analysis focuses on the explicit specification of dynamic
mechanisms in the formal analytics of trade models. A wide range of
modelling approaches is employed to investigate an even wider range
of policy issues, with an overall objective of further extension of
the basic conceptual framework of applied commercial policy
analysis in the direction of dynamic issues and applications.
Professors Baldwin and Francois and their contributors emphasise
methods for the analysis of interactions between commercial policy
and leading policy issues, including investment performance,
economic growth and innovation, the location of industry,
migration, and the environment.
Applied general equilibrium (AGE) models have received considerable
attention and scrutiny in the public debate over the North American
Free Trade Agreement (NAFTA). This collection brings together the
leading AGE models that have been constructed to analyse NAFTA. A
variety of approaches to modelling trade liberalization are taken
in these studies, including multi-country and multi-sectoral
models, models that focus on institutional features of particular
sectors (agricultural, autos, steel, textiles and apparel)
affecting multinational firms and rules of origin, and models with
some inter-temporal structure. Further, by constructing stylized
models, theoretical linkages have been identified that drive
numerical results in the larger AGE models. The volume also
assesses what can be learned about the likely economic effects of
NAFTA from the collection of studies taken as a whole. Areas in
need of further study have been highlighted.
Economists have long argued that dynamic effects of policy changes are much more important in the real world than static effects, but this is not reflected in the majority of applied trade studies. This book departs from mainstream trade modeling and examines the dynamic aspects of international trade and investment policy by explicitly specifying dynamic mechanisms in a wide range of modeling approaches. With contributions from leading economists Dynamic Issues In Commercial Policy Analysis will become a standard reference in international trade and policy research.
Applied Methods for Trade Policy Analysis provides a comprehensive introduction to the applied economic modeling of trade policies. The book introduces the reader to trade policy concepts, welfare measurement, accounting frameworks, and both partial and general equilibrium modeling approaches. It first covers these topics at a basic level and then introduces the reader to a number of more advanced topics: imperfect competition, dynamic modeling, labor market structure, and environmental modeling. Economic graduate students, professors, and policy makers will find the collection to be an important reference tool. To accompany the book, chapter-based modeling files, including model code and datasets, are available over the internet at http://www.intereconomics.com/handbook.
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