GTAP Resources: Resource Display
GTAP Resource #2911 |
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"Proliferation of Preferential Trade Agreements: Quantifying its Welfare Impact and Preference Erosion" by Hallaert, Jean-Jacques Abstract This article, using a CGE model, attempts to quantify the economic impact of the proliferation of PTAs. Results show that the welfare impact is limited and often vanishes quickly because proliferation of PTAs erodes preferences. This contrasts with the gains from non-discriminatory liberalization. |
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- Preferential trading arrangements |
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Last Modified: 9/15/2023 2:05:45 PM