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Estimating the Gains from Less Distorted Agricultural Trade

Author

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  • Sharples, Jerry A.

Abstract

A review of recent research suggests that conventional trade models grossly underestimate the country and global gains from trade liberalization. They typically ignore potential sources of gains such as economies of scale; reduced costs of evasion, rent-seeking and lobbying; and X-efficiency associated with competitive trade. Improved estimates of welfare gains should be high on trade economists' research priority list.

Suggested Citation

  • Sharples, Jerry A., 1987. "Estimating the Gains from Less Distorted Agricultural Trade," Working Papers 51386, International Agricultural Trade Research Consortium.
    • Handle: RePEc:ags:iatrwp:51386
    DOI: 10.22004/ag.econ.51386
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    Cited by:

    1. Karl D. Meilke & Don McClatchy & Harry de Gorter, 1996. "Challenges in quantitative economic analysis in support of multilateral trade negotiations," Agricultural Economics, International Association of Agricultural Economists, vol. 14(3), pages 185-200, August.
    2. Harwood, Joy L. & Bailey, Kenneth W., 1990. "The World Wheat Market--Government Intervention and Multilateral Policy Reform," Staff Reports 278264, United States Department of Agriculture, Economic Research Service.

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    Keywords

    International Relations/Trade;

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