Hertel, Thomas Warren; Hummels, David L.; Keeney, Roman; … - National Bureau of Economic Research (NBER) - 2004
Computable General Equilibrium models, widely used for the analysis of Free Trade Agreements (FTAs) are often criticized for having poor econometric foundations. This paper improves the linkage between econometric estimates of key parameters and their usage in CGE analysis in order to better...