The effect on production, trade and well-being from the granting of market access, removing export subsidies, and eliminating trade-distorting forms of direct support to farmers in WTO member countries is analyzed from a world-wide general equilibrium perspective using the most recently...

Many of the import competing sectors in Moroccan agriculture are protected while water in irrigated agriculture is priced below its marginal value product. Establishing a water market in this pre-trade reformenvironment can be welfare decreasing. Further, as the shadow price of water is...

The effects of environment on trade and welfare are analyzed in a modifiedHeckscher-Ohlin framework using a quasi-homothetic preferences to account for differences incountries' expenditure shares on health. Three types of pollution, local-disembodied, global-disembodiedand embodied, result as a...

Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world...

Many of the import competing sectors in Moroccan agriculture are protected while water in irrigated agriculture is priced below its marginal value product. Establishing a water market in this pre-trade reform environment can be welfare decreasing. Further, as the shadow price of water is...

This paper delves into the debate on the proliferation of regional trade arrangements by focusing on bilateral agricultural trade data over the 1962-1995 period for countries that currently are members of NAFTA, Mercosur, the EU and APEC. Agricultural is chosen because it has historically been...

An R&D based endogenous growth - applied general equilibrium model is developed from an underlying analytical model which combines Romer's capital variety with Grossman and Helpman's multi-sector open economy model. The transitional dynamics of the analytical model are derived. For numerical...

This paper delves into China’s differential growths in trade flows with high income and developing countries by focusing on bilateral content of trade data over the time period 1978-2005. Unlike other studies, we account for end use of traded goods ranging from primary, intermediate, and...

This paper analyzes two potential trade liberalization scenarios – a Free Trade Area of theAmericas (FTAA) and possible links between MERCOSUR and the European Union(EU) – in a world computable general equilibrium (CGE) model. The model alsoincorporates some macro elements such as a cash-...

With the aid of an intertemporal, multi-region general equilibrium model, we studyissues of agricultural trade liberalization, growth and capital accumulation in the context of aworld economy moving towards a multi-polar structure. We specifically focus on Turkey, theEuropean Union, the Middle...