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| Title: | Estimating the Gains from Less Distorted Agricultural Trade |
| Authors: | Sharples, Jerry A. |
| Issue Date: | 1987 |
| Series/Report no.: | Working Paper
87-1 |
| 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. |
| URI: | http://purl.umn.edu/51386 |
| Institution/Association: | International Agricultural Trade Research Consortium>Working Papers |
| Total Pages: | 14 |
| Collections: | Working Papers
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| 87-1.pdf | | 586Kb | PDF | View/Open |
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