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 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...

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...

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...

This study quantitatively analyzes the general equilibrium effects of declines in world demand for tobacco products. The study finds that tobacco exports and production in the three developing countries, Malawi, Zimbabwe, and Turkey, would be badly hit if world tobacco prices fall due to the...

This study focuses on the possible impact of the MFA phase-out on the world economy.Starting from analyzing trends in world textile and apparel trade (T&A), the study foundthat the developing countries were a growing factor in world T&A trade in recentdecades. Moreover, using trade data from 91...

This paper delves into China's differential growths in trade flows with high income countries by focusing on bilateral content of trade data over the time period 1962-2005. Unlike other studies, we account for end use of traded goods ranging from primary, intermediate, and finished goods because...

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...

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...