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

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.


Issue Date:
Aug 04 1991
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/271354
Language:
English
Total Pages:
15




 Record created 2018-04-13, last modified 2018-04-13

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