Market Structure and Trade Liberalization A General Equilibrium Assessment

Richard G. Harris

17 citations0/0 files storedRePEc: Research Papers in Economics

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Global trade and economics Global Trade and Competitiveness Canadian Policy and Governance

Abstract

The paper examined the consequences of a 50 percent cut of tariff and non-tariff trade barriers within an applied general equilibrium model of the Canadian economy. The large welfare gains are explained in terms of scale economics and the procompetitive effects of import competition. Some sensitivity results are also reported.

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