| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP672 |
| DP672 `1992': Trade and Welfare; A General Equilibrium Model | |
| Alasdair Smith; Anthony Venables; Michael Gasiorek | |
| 发表日期 | 1992-03-30 |
| 出版年 | 1992 |
| 语种 | 英语 |
| 摘要 | This paper investigates the consequences of the completion of the internal market in the EC using a computable general 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 these are decomposed by source of gain. Two sets of results are reported: a `segmented market' experiment where trade costs are reduced by an amount equal to 2.5% of the value of trade, and an `integrated market' experiment in which there is the same trade cost reduction plus a switch from a segmented to an integrated market equilibrium. In both cases we find large welfare effects arising from imperfect competition. Intra-EC trade liberalization has pro-competitive effects which make a substantial contribution to the welfare change in the first set of experiments and are the most important component of the welfare change in the second set. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Equilibrium European community Imperfect competition Integration Simulation Trade liberalization Welfare |
| URL | https://cepr.org/publications/dp672 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529801 |
| 推荐引用方式 GB/T 7714 | Alasdair Smith,Anthony Venables,Michael Gasiorek. DP672 `1992': Trade and Welfare; A General Equilibrium Model. 1992. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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