This paper evaluates general equilibrium welfare effects of tariffs, quotas, and voluntary export restraints under different assumptions about international capital mobility. We show analytically that, when induced terms-of-trade and rental-rate effects are considered, the qualitative influence...

La Revista Integración & Comercio del BID incluye artículos referidos a las distintas manifestaciones del proceso de integración en América Latina y el Caribe, a la integración hemisférica y, también, a los procesos con igual orientación que se llevan a cabo en otras partes del mundo. En...

La Revista Integración & Comercio del BID incluye artículos referidos a las distintas manifestaciones del proceso de integración en América Latina y el Caribe, a la integración hemisférica y, también, a los procesos con igual orientación que se llevan a cabo en otras partes del mundo....

From 2002 to 2009, China's energy use nearly doubled, making it the world's largest emitter of carbon dioxide more than a decade ahead of forecasts. Why did energy use in China rise so rapidly after 2002? Using index decomposition analysis, we find that the vast majority of growth in energy...

This document presents a prototype specification for a real computable general equilibrium (CGE) model. The prototype has some key features for assessing structural and poverty impacts:

Over two-thirds of Vietnam’s population reside in the rural sector, and recent economic reform initiatives may not realize their full potential to benefit the rural sector if rural links to the rest of the economy are too weak. In this paper, we demonstrate how multiplier decomposition methods...

Vietnam started a process of economic reform in 1986 and is presently opening up its economy to regional and global economic forces. As a result, Vietnam faces significant challenges in the area of economic policy analysis. This paper reviews insights emerging from a detailed social accounting...

Globalization poses special challenges for economies in transition, particularly those which have been slow to reform systems of administered prices. Such allocation mechanisms now encounter significant friction from external market forces, and it is vital for policymakers to better anticipate...

This study presents a set of assessments of the long term economic effects of Vietnam’s accession to the WTO. Generally speaking, our results indicate that Vietnam would benefit from accelerating its participation in more open multilateralism. However, it is also clear from our analysis that...