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Pitfalls in the use of ad valorem equivalent representations of the trade impacts of domestic policies

Whalley, John (contributor) - 2005

Numerical simulation exercises to analyze the impacts of potential changes in non-tariff policies commonly use ad valorem equivalent tariff treatment even though estimated impacts using explicit model representation and ad valorem equivalent treatments will differ. The difficulty for modellers...

Persistent link: https://www.econbiz.de/10003109945