Methodology for Impact Assessment of Free Trade Agreements

Cover -- Contents -- List of Tables, Figures, and Boxes -- Preface -- Abbreviations -- Introduction: The Menu for Choice -- Variety of Methods -- Impacts of What and Impacts on What -- Structure of the Book -- References (Introduction) -- Chapter 1 Theoretical Framework for Economic Analysis of Free Trade Agreements -- 1.1. Viner's Model and Extensions -- 1.1.1. Viner's Model -- 1.1.2. Extensions to Viner's Model -- 1.2. General Equilibrium Models -- 1.2.1. Meade-Lipsey and Wonnacott-Wonnacott Models -- 1.2.2. Lloyd-Maclaren Model -- 1.2.3. Kemp-Wan Theorem -- 1.3. Dynamic Effects of Free Trade Agreements -- 1.3.1. Economies of Scale and Variety -- 1.3.2. Impacts on Foreign Direct Investment -- 1.3.3. Structural Policy Change and Reform -- 1.3.4. Competitiveness and Long-Run Growth Effects -- 1.4. Theoretical Foundations for Computable General Equilibrium and Gravity Model -- 1.4.1. Foundations for Computable General Equilibrium Analysis -- 1.4.2. Foundations for the Gravity Model -- 1.5. Concluding Remarks -- References (Chapter 1) -- Chapter 2 Methods for Ex-Ante Economic Evaluation of Free Trade Agreements -- 2.1. Trade Indicators to Evaluate the Potential Economic Effects of a Free Trade Agreement -- 2.1.1. Indicators of Regional Trade Interdependence -- 2.1.2. Indicators of Comparative Advantage, Regional Orientation, Trade Complementarity, and Export Similarity -- 2.1.3. Strengths and Limitations of Trade Indicators -- 2.2. Estimating the Potential Economic Effects of a Free Trade Agreement in an Individual Market -- 2.2.1. The SMART Model -- 2.2.2. Example of Motorcycle Market in the Lao People's Democratic Republic -- 2.2.3. Strengths and Limitations of the SMART Model -- 2.3. Computable General Equilibrium Estimation of the Potential Economic Effects of a Free Trade Agreement -- 2.3.1. The GTAP Model.