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General equilibrium (GE) models have been criticized because of policy aggregation issues. Partial equilibrium (PE) models can be more disaggregated but do not account for the economy-wide effects from trade reform. In this article, we illustrate a methodology that combines a fully...
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This article shows that research on international agricultural trade reform can make much greater contributions to understanding than was feasible in earlier trade negotiations. While current models typically estimate gains of less than 1% of GDP, new developments in theory and methodology...
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