Dynamic Issues in Commercial Policy Analysis

by Richard E. Baldwin (Editor), Joseph F. Francois (Editor)

Overview

Economists have long argued that dynamic effects of policy changes are much more important in the real world than static effects, but this is not reflected in the majority of applied trade studies. This book departs from mainstream trade modeling and examines the dynamic aspects of international trade and investment policy by explicitly specifying dynamic mechanisms in a wide range of modeling approaches. With contributions from leading economists Dynamic Issues In Commercial Policy Analysis will become a standard reference in international trade and policy research.

Product Details

ISBN-13:	9780521159517
Publisher:	Cambridge University Press
Publication date:	12/09/2010
Edition description:	Reprint
Pages:	408
Product dimensions:	5.98(w) x 9.02(h) x 0.91(d)

Table of Contents

Introduction R. E. Baldwin and J. F. Francois; 1. Transition dynamics and trade policy reform J. F. Francois, H. Nordstrom and C. R. Shiells; Discussion R. E. Baldwin; 2. Putting growth effects in computable equilibrium trade models R. E. Baldwin and R. Forslid; Discussion C. Keuschnigg; 3. Innovation, capital accumalation, and economic transition C. Keuschnigg and W. K. Kohler; 4. Multinational production, skilled labour, and real wages J. Markusen and A. Venables; Discussion T. Kehoe; 5. Economic Policy and the manufacturing base A. J. Venables; Discussion J. P. Neary; 6. Liberalisation and investment in a multilateral framework J. F. Francois, B. J. McDonald and H. Nordstrom; Discussion Ian Wooton; 7. Investment creation and investment diversion J. I. Haaland; Discussion A. Smith; 8. Blueprints, spillovers, and dynamic gains from liberalization T. F. Rutherford and D. G. Tarr; Discussion U. Kohli; 9. Trade Policy and North-South migration J. F. Francois and D. Nelson; 10. Long-term modelling of trade and environmental linkages J. Beghin, D. Roland-Holst and D. van der Mensbrugghe; 11. Labour markets and dynamic comparative advantage D. Roland-Holst.