The study examines the impact of reduction in tariff on industrial goods across households and on other broad macroeconomic aggregates. Using a CGE model framework, we analyse the impact of reduction in tariff on industrial goods. The model has 215 equations explaining the linkage among the...

After more than four decades of protective trade policy, Pakistan undertook substantial trade liberalization beginning in the 1990s. We assess the short- and long-run impacts of trade liberalization (full and partial) on household incomes, welfare, and poverty under various fiscal scenarios. A...