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The "30-30-30 Proposal": CGE Simulation of Unilateral Compliance by the USA to Partial Trade Liberalization

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  • Kilkenny, Maureen

Abstract

A CGE model of the United States is applied to analyze unilateral compliance with the current partial liberalization proposal to the GATT. A key issue is voluntary participation in the programs. The main implications are that economywide real GDP could increase by $6 billion, farm income per FTE could rise by 3 percent, while returns to cropland fall by 15 percent.

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  • Kilkenny, Maureen, 1991. "The "30-30-30 Proposal": CGE Simulation of Unilateral Compliance by the USA to Partial Trade Liberalization," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271354, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea91:271354
    DOI: 10.22004/ag.econ.271354
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