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Modelling the Impact of Trade Liberalisation
Lance TaylorRudiger Von Arnim
其他書名
A Critique of Computable General Equilibrium Models
出版Oxfam, 2007
主題Social Science / Developing & Emerging CountriesBusiness & Economics / Economics / MacroeconomicsPolitical Science / International Relations / Trade & TariffsPolitical Science / Public Policy / Economic Policy
ISBN08559858529780855985851
URLhttp://books.google.com.hk/books?id=bPhmxsD20bAC&hl=&source=gbs_api
EBookSAMPLE
註釋This hard-hitting research report presents a rigorous critique of the most widely used trade models based on computable general equilibrium (CGE) models. The authors present concise analytical arguments explaining the fundamental weaknesses of typical CGE models. They show that these models tend to make unrealistic assumptions about the macro-economy and do not allow an accurate estimation of the welfare gains that trade liberalization is supposed to induce.

The report appeals for honest simulation strategies showing a variety of possible outcomes, which would enable policymakers to assess the different scenarios for themselves.