We present in this paper a computational model of world production, trade, and employment that is disaggregated by country and sector and report on the application of the model to the changes in tariffs and quantifiable nontariff barriers negotiated in the Tokyo Round that was concluded in 1979....

This paper uses trade theory to examine the effects of trade liberalization on countries that do not participate in it. These include both countries that fail to participate in multilateral trade negotiations, and also countries that lie outside of preferential trading arrangements such as free...

We use the Michigan Model of World Trade and Production to assess the sectoral effects on the U.S. economy of: (1) a 25% unilateral reduction of military expenditures in the United States and (2) a 25% multilateral reduction of military expenditures in all of the major Western industrialized and...