the welfare implications of such alternative sequences on the various stakeholders within the OECD. The welfare outcomes …

This paper develops a model of an export oligopoly to examine the welfare effects of an export tax reduction and a …, the proposed policy reform is shown to reduce welfare of the policy-implementing country and the world. Relating this …

restructuring where the firms either diversify their technologies or switch to a homogenous technology leaving jumps in welfare both … in the home and foreign country. It is shown that with respect to global welfare Cournot Nash equilibria with homogeneous … induces a switch from heterogeneous technologies to a homogeneous technology, reduces global welfare. Extensive reductions in …

zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high …

In a three country model with endogenous tariffs, this paper evaluates and contrasts the welfare effects of free trade …’s welfare is higher than that under free trade. Furthermore, if the common member is relatively efficient compared to the other … two countries, such a ‘hub and spoke’ pattern of FTAs can yield higher global welfare than free trade. By contrast, such …

also implies that there may exist a positive bilateral tariff that maximizes national and world welfare. Applying one of … that are heterogeneous across firms, we find that the reciprocal reduction of small tariffs reduces welfare. …

A disaggregated intertemporal CGE model is used to simulate the welfare effects in Norway of the recently implemented … costs for the country is identified as the most important source of welfare gains, through improved terms of trade. Due to … welfare. In particular, this explains why the simulated reduction of employment has a significant negative impact on the total …

with heterogeneous firms subject to high and low tariffs. We examine the welfare effects of applying three different tariff …

zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high …