This paper points out that while many developing countries seek to increase their export earnings, they have not embraced fully the notion that their own pattern of import protection hurts their export performance. The paper quantifies the extent to which import protection acts as a tax on a...

This paper uses a computable general equilibrium model of the economy of Trinidad and Tobago to assess the effects of trade liberalization and terms-of-trade shocks on the real exchange rate and the overall fiscal position of the government. The model is also used to evaluate the implications of...

Frequently in applied work, researchers need to utilize values for price elasticities of import demand and export supply. Unfortunately, econometric estimates of these elasticities are limited, perhaps due to the difficulties inherent in estimating them. This paper uses a methodology for...

This paper shows that a change in the terms of trade of a commodity-exporting country could cause the relative price of nontraded goods to rise or fall, depending on the strength of income and substitution effects.

This paper uses an applied general-equilbrium model to decompose the effects of changes in trade- and technology-related variables between 1982 and 1996 in the United States on the wages of skilled and unskilled labor. The results indicate that trade-related variables (tariff cuts, improvement...