Dong, Yan; Whalley, John - In: Economic Modelling 29 (2012) 6, pp. 2226-2236
regions, the US, China, EU, Japan and the Rest of the World, and calibrated to a global 2009 micro consistent data set. The …Two closely related numerical general equilibrium models of world trade are used to analyze the potential consequences … of US–China bilateral retaliation on trade flows and welfare. One is a conventional Armington trade model with five …
