Dixon, Peter B.; Rimmer, Maureen T.; Tsigas, Marinos E. - Centre of Policy Studies and Impact Project (COPS), … - 2004
We use a 500-industry CGE model of the U.S. to simulate the macro, industry and state effects of removing major U.S. tariffs and quotas. We find that this would generate a welfare gain of 0.07 per cent. For most industries, the output change would be negligible but for sugar, butter and several...
