and sufficient condition for replacing foreign aid by credit to be welfare improving. …

commodity terms of trade, which in turn affects capital inflows and the price of imported capital. The welfare effect of …

We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive … more. Using these estimates, we simulate the general equilibrium effects of GATT/WTO on welfare, which are sizable and … effects from joining GATT/WTO can still gain in terms of welfare, due to lower import prices and higher export demand. …

approximates fairly closely the welfare gains associated with the first-best policy of an optimal carbon tax and tariffs on traded …

country's productive capabilities is often attainable only at the expense of another country's general welfare. The authors …

including empirical studies of the welfare effects of quality - upgrading voluntary export restrictions and import quotas …

equilibrium model of trade under imperfect competition. The focus of the paper is the welfare consequences of reducing trade … barriers and the changes in production and trade flows with the rest of the world. Welfare changes by country are reported and … welfare effects arising from imperfect competition. Intra-EC trade liberalization has pro-competitive effects which make a …

This article explores the link between gravity and welfare frameworks for measuring the impact of non-tariff measures … welfare impact of nontariff measures. Second, an empirical application focuses on the effects of a standard capping antibiotic … gravity equation reports a negative impact on imports, welfare evaluations show that, in most cases, a stricter standard leads …