The highly disputed effects of agricultural trade liberalization are mostly simulated with static models. Our main objective in this paper is to evaluate the robustness of the static simulation results to the consistent modeling of dynamic behaviors and to the linked specification of...

This technical note presents a review of the functional forms commonly used to represent demand and production in Computable General Equilibrium (CGE) models. The general properties of demand and production functions are described. The note also includes the detailed derivation of some specific...

The highly disputed effects of agricultural trade liberalisation are mostly simulated with static models. Our main objective in this paper is to evaluate the robustness of the static simulation results to the consistent modelling of dynamic behaviours and to the linked specification of...

The present round of multilateral trade negotiations is still deadlocked over agricultural trade. The European Union (EU) is urged by its trading partners to open its agricultural markets. Economic evaluations of trade liberalisation scenarios unanimously conclude that a substantial opening of...

Economic analyses of farm policies generally focus on long run, steady state impacts while the transition dynamics are often overlooked. In this paper we develop a determinist dynamic computable general equilibrium analysis allowing agents to form adaptive versus perfect expectations. Using an...