Rodriguez-Clare (2014), we estimate the welfare effects of the AfCFTA for 45 countries in Africa. Three different model … welfare gains from trade liberalization in Africa. As intra-regional import tariffs in the continent are already low, the bulk … specifications used, with considerable variation of potential welfare gains across countries in all model structures …

conventional ranking of tariffs and quotas is turned on its head: quotas are not as bad for welfare as previously believed, while … welfare …

This paper uses a partial equilibrium framework to compare the welfare consequences of different methods of quota … may improve its welfare by setting a quota at the free trade quantity and giving a fraction of the quota licenses to the …

profits. An applied general equilibrium model of the U.S. economy is used to estimate the trade and welfare consequences of … welfare. While it is possible to find a “equivalent” tariff rate that replicates the effects on trade flows of removing the … tax provisions, the welfare effects of a tariff differ importantly because a tariff interacts differently than the tax …

exporting channel will overstate the welfare gains associated with trade liberalization by a factor of two …

market through foreign plants in low-wage countries. The relocation of the entire industry yields net welfare costs, but the … relocation of one (and only one) firm, may be welfare improving. When the economy is “high-(or low-) quality biased,” the … relocation of the firm producing the high- (or low-) quality variant is preferred, on welfare terms, to that of other firms, if …