This paper quantifies the welfare impact of unilateral trade liberalization and computes the optimal tariff structure for Costa Rica in the presence of trade-policy-induced international capital flows and foreign capital taxation. For this, an applied general equilibrium model integrating trade,...

This paper reviews the most important changes, both in the economy and in the legal/institutional framework, to deal with unfair trade practices that Costa Rica has experienced during its trade liberalization process. It also evaluates whether the sectors that as a result of such a process have...

The paper uses a calibrated general equilibrium model to quantify the welfare impact of trade liberalization and compute the optimal tariff structure for Costa Rica when trade policy induced foreign direct investment and international capital taxation with credits are present. It shows that...

NOTE: The following is a description of the paper, and not the actual abstract. Trade and environment linkages are under increasing scrutiny, and a vast literature has emerged on the subject. Important linkages have been identified and major conclusions have been drawn in terms of economic...