Fan, Haichao; Lai, Edwin L.-C.; Qi, Han Steffan - CESifo - 2012
What has been the overall global welfare impact of the accession to the World Trade Organization of a large country … like China, or the global welfare impact of the completion of the Uruguay round of GATT negotiations? Can we come up with a … simple user-friendly formula to calculate the global welfare impact of the simultaneous trade liberalization of a number of …