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Industrial Organisation Foundations Of Trade Policy Modelling

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  • Hazledine, Tim

Abstract

General equilibrium models of Canada/US free trade have produced a wide range of predictions of the impact on the Canadian economy. This paper analyses the models from an 'industrial organisation' perspective, focusing on differences in assumptions about market elasticities and pricing behaviour. The approach succeeds in encompassing the range of predictions from the models. The results have implications for agricultural policy modelling.

Suggested Citation

  • Hazledine, Tim, 1989. "Industrial Organisation Foundations Of Trade Policy Modelling," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 33(1), pages 1-19, April.
    • Handle: RePEc:ags:ajaeau:22642
    DOI: 10.22004/ag.econ.22642
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    References listed on IDEAS

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    1. Baldwin, Robert E. & Mutti, John H. & Richardson, J. David, 1980. "Welfare effects on the United States of a significant multilateral tariff reduction," Journal of International Economics, Elsevier, vol. 10(3), pages 405-423, August.
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    Cited by:

    1. D. MacLaren, 1991. "Agricultural Trade Policy Analysis And International Trade Theory: A Review Of Recent Developments," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(3), pages 250-297, September.
    2. John Salerian & Lee Davis & Patrick Jomini, 1999. "The Consumer Tax Equivalent of a Tariff with Imperfect Substitutes," The Economic Record, The Economic Society of Australia, vol. 75(3), pages 295-300, September.

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