Computational Analysis of Global Trading Arrangements

Abstract

Part 1 Modelling global trading arrangements: the Michigan model of world production and trade - theoretical considerations implementation of the model. Part 2 Computational analysis of the effects of production: the structure of tariff protection - effects of foreign tariffs and NTBs input-output technologies and the effects of tariff reductions neighbourhood effects of developing country protection the effects of protection on the factor content of Japanese and American foreign trade an evaluation of factor endowments and protection as determinants of Japanese and American foreign trade the economic consequences of an import surcharge - theory and empirical evidence for the US economy tariffs and defensive responses the impact of tariffs on profits in the United States and other major trading countries. Part 3 Computational analysis of multilateral trade liberalization: impact of the Tokyo Round and US macroeconomic adjustments onm North American trade alternative scenarios for trade liberalization in the Uruguay Round negotiations evaluation of alternative safeguards scenarios in the major trading countries. Part 4 Conclusions and implications for research and policy: what have we learned?

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