Egger, Peter H.; Larch, Mario; Pfaffermayr, Michael - 2003
experiments to assess the welfare effects of trade and investment liberalization in general equilibrium. Specifically, we address … and when is it harmful for a single economy or the whole word? Second, is pure investment liberalization a welfare … maximizing strategy? Third, when is either kind of liberalization (trade, investment or both) welfare improving and when neither? …