Modelling the impact of trade liberalisation : a critique of computable general equilibrium models
著者
書誌事項
Modelling the impact of trade liberalisation : a critique of computable general equilibrium models
（Oxfam research report）
Oxfam International, 2007
- : pbk
注記
Cover title
"A report prepared for Oxfam International."--P. [1] of cover
"This is a print version of a report originally issued online as Modelling the impact of trade liberalisation ..."--P. [2]
"This print version, first published January 2007, is the authoritative edition"--P. [2]
内容説明・目次
内容説明
This hard-hitting research report presents a rigorous critique of the most widely used trade models based on computable general equilibrium (or 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 liberalisation is supposed to induce. The report appeals for honest simulation strategies showing a variety of possible outcomes, which would enable policy-makers to assess the different scenarios for themselves.
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