We Develop An Intervention Model Based On Ju And Krishna’s Suffi Cient Condition For A Trade Reform Policy To Be Welfare Improving. The Welfare Improving Condition Requires That The Mean Value Of Net Imports Of A Country Evaluated At Post-Intervention Prices Be Higher Than That Before The...

This paper estimates long-run and short-run trade elasticities of export demand for Guyana, Jamaica, and Trinidad and Tobago. To that end, a traditional export demand model is estimated for all three countries in the study using the bounds test for analyzing level relationships within the...