Hertel, Thomas; Hummels, David; Ivanic, Maros; Keeney, Roman - Center for Global Trade Analysis (GTAP), Department of … - 2003
With the proliferation of Free Trade Agreements (FTAs) over the past decade, demand for quantitative analysis of their likely impacts has surged. The main quantitative tool for performing such analysis is Computable General Equilibrium (CGE) modeling. Yet these models have been widely criticized...