Evaluating Trade Reform Using Ex-Post Criteria / Jiandong Ju, Kala Krishna.

Format:

Book

Author/Creator:

Ju, Jiandong.

Contributor:

National Bureau of Economic Research.

Krishna, Kala.

Series:

Working Paper Series (National Bureau of Economic Research) no. w6152.

NBER working paper series no. w6152

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1997.

Summary:

In contrast to existing work which takes an ex-ante approach and looks for policy prescriptions which yield welfare improvements, we take an ex-post approach. We ask whether there are indicators which show whether welfare has risen or not in the wake of a reform. That is, we look for evidence of welfare improvements in outcome space. Necessary and sufficient conditions for welfare improving trade reform are derived. These conditions are shown to be useful in evaluating Free Trade Areas and in reforming Article XXIV of GATT.

Notes:

Print version record

August 1997.