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A Simple Measure for Evaluation of Trade Policy Options with Application to Botswana

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  • Leith, J Clark

Abstract

This paper develops a simple measure for evaluating the static welfare gains and losses from the trade policy options facing a small open economy. The alternatives of a customs union and a free trade agreement are considered relative to the go-it-alone base case. The measure can be implemented empirically with modest data requirements, and is used to evaluate the trade policy options facing Botswana. Copyright 1995 by Oxford University Press.

Suggested Citation

  • Leith, J Clark, 1995. "A Simple Measure for Evaluation of Trade Policy Options with Application to Botswana," Journal of African Economies, Centre for the Study of African Economies, vol. 4(2), pages 243-258, October.
    • Handle: RePEc:oup:jafrec:v:4:y:1995:i:2:p:243-58
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    Cited by:

    1. Shirley Cassing, 2006. "Measuring the Welfare Effects of Trade Policy Alternatives: The EU`s Eastern Enlargement," Working Paper 285, Department of Economics, University of Pittsburgh, revised Oct 2006.

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