The paper uses a calibrated general-eqiulibrium model to quantify the welfare impact of trade liberalization - and compute the optimal tariff structure - for Costa Rica when trade-policy induced foreign direct investment and international capital taxation with credita are present. It shows that...

Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is expected to cover all 55 African countries, with a combined GDP of about USD 2.2...

In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and services and is expected to eventually cover all African countries. Using a...

In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and services and is expected to eventually cover all African countries. Using a...

The paper uses a calibrated general equilibrium model to quantify the welfare impact of trade liberalization and compute the optimal tariff structure for Costa Rica when trade policy induced foreign direct investment and international capital taxation with credits are present. It shows that...

This paper quantifies the welfare impact of unilateral trade liberalization and computes the optimal tariff structure for Costa Rica in the presence of trade-policy-induced international capital flows and foreign capital taxation. For this, an applied general equilibrium model integrating trade,...